Plans for an exciting billion-dollar development in South Melbourne, which will consist of three mixed-use towers, have been given the green light.
After a lengthy three-year planning process, developers GURNER™ have received approval for the ambitious Fishermans Bend project.
GURNER founder, Tim Gurner, said: “It has certainly been a long process from acquisition through to planning approval over the past three years but we appreciate how complex and critical this particular precinct is for the future of our great city, so we understand the Minister’s need to get the process right.”
The vast 10,000sqm site is located at the gateway to Melbourne’s CBD and, upon completion, will include one 38-level tower, two 24-level towers as well as commercial, retail and hospitality facilities.
We are grateful to now be able to move onto the next phase of this project and bring our vision for a truly world-class mixed use precinct on this iconic site to life.Tim Gurner – GURNER CEO
The precinct, at 2-28 Montague Street, is set to be transformed by the plans, with GURNER’s project part of a wider regeneration of the South Melbourne site.
“In theory this site could have housed upwards of 2,000 apartments but we wanted to create a range of uses to reflect the vibrant changing landscape of South Melbourne and Fishermans Bend,” said Mr Gurner.
Designed by Cox Architecture, the impressive project will include over 700 residences and 24 affordable housing units.
“Our vision includes a 4.5-star hotel, a large commercial and retail offering and a series of hero state-of-the-art showrooms at ground level.”
“This will be a precinct where people will come to work, shop, dine, stay and be entertained, so we look forward to unveiling more information over the coming months.
Click here to find out about another exciting GURNER project!