1 Shamrock St, Abbotsford

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<p>Salta Property Group has opted to transform a site with approval for a 5 Star Green Star design rated ‘A Grade’ office building into premium apartments. Already heavily active within the Victoria Street Precinct which straddles both Richmond and Abbotsford, Salta have elected to add 109 high-end apartments on the site which faces the Victoria Gardens complex.</p>

<p>With basement works completed onsite some years ago, the site has languished thereafter while Salta has pursued surrounding apartment developments. Not having been able to secure a tenant for the commercial project, Salta initiated the residential application process with Yarra City Council in recent months.</p>

<p>Designed by Bates Smart, the building will present as a 'U' shaped structure with an adjoining mezzanine stair expected to lead to the bank of the Yarra River.</p>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image5_2.jpg" rel="gallery-all" title="Hero perspective of the intended development. Image courtesy Bates Smart"><img alt="" class="image-article-full-width-580px" height="328" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5_2.jpg?itok=n0VDjf2r" title="Hero perspective of the intended development. Image courtesy Bates Smart" width="580"></a>

<figcaption>Hero perspective of the intended development. Image courtesy Bates Smart</figcaption></figure><h2>647-649 Victoria Street application summary</h2>

<ul>
<li>Corner of Victoria Street and Walmer Street.</li>
	<li>Vacant site with completed basement</li>
	<li>Site area of 3,500sqm with 62.18m frontage to Victoria Street</li>
	<li>10 level building at 39.05 metres in height</li>
	<li>109 dwellings: 44 x 1BR, 40 x 2BR, 25 x 3BR</li>
	<li>Apartments sizes from 53sqm to 154sqm</li>
	<li>179 on site car spaces and 30 bicycle spaces</li>
	<li>Porte Cochere, Pool/Gym/Sauna and lounge/library plus residential amenity areas included</li>
	<li>Walmer Plaza running to the river's edge</li>
	<li>Project cost: $55 million</li>
</ul>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image7_5.jpg" rel="gallery-all" title="The approved commercial building is now likely consigned to history. Image courtesy Colliers"><img alt="" class="image-article-full-width-580px" height="389" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7_5.jpg?itok=BfzFXuLx" title="The approved commercial building is now likely consigned to history. Image courtesy Colliers" width="580"></a>

<figcaption>The approved commercial building is now likely consigned to history. Image courtesy Colliers</figcaption></figure><h2>The insatiable appetite for Victoria Street Precinct apartments</h2>

<p>Usurped by the current proposal, the approved office development who's permit would have expired during 2016 was to have seen 12,692sqm of office space added, in addition to a retail outlet and conference facility. The drift from commercial to residential use is not particularly surprising given the area's surrounding context.</p>

<p>Recent years have seen the completion of apartment projects by developers Fusion Property Group, Salvo and Hamton in addition to Salta which remains the biggest property player in the area. These various projects amount to a very substantial 1,818 dwellings being added to the precinct, in addition to 93 serviced apartments delivered by Salta and operated by Quest.</p>

<p>Salta also has the final stage of A Place To Live under construction with 63 apartments in tow while Hamilton Marino are working on Blue Earth Group's Playhouse apartment project with a further 310 dwellings under construction.</p>

<p>Furthermore Supply &amp; Co which is at sales will add another 139 apartments to the mix while numerous other projects are at planning assessment or approval.</p>

<h2>Salta's shift to apartment development</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fqu_201404241.jpg" rel="gallery-all" title="Green Square is now part of the Victoria Street landscape"><img alt="" class="image-article-full-width-580px" height="379" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/fqu_201404241.jpg?itok=_g5xEJkj" title="Green Square is now part of the Victoria Street landscape" width="580"></a>

<figcaption>Green Square is now part of the Victoria Street landscape</figcaption></figure><p>Active across all sectors of development, Salta have made a concerted effort to bolster their residential pipeline for the coming years. Victoria Street Precinct will see two additional projects, with the second stage of Green Square diagonally opposite Victoria Gardens due to be released during 2016.</p>

<p>Also nearby in Salta's keeping is 25-35 River Boulevard with near on 500 dwellings approved. Elsewhere Salta have Essence South Yarra under construction, with 699 La Trobe Street, the Preston Market redevelopment and a joint venture with Asia One for 63 Exhibition Street set as forthcoming residential projects.</p>
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silvermb

Salta's Walmer project adds to the Victoria Street apartment surge

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<p>In recent days the Urban.com.au Project Database has been subject to a number augmentations, with a healthy number of additions making their way into the database pages. Purely residential entries ticked over 400 during the weekend, with many more due to be entered.</p>

<p>Fresh entries and updated listings - here's a selection of what's new regarding the Urban.com.au Project Database.</p>

<h2>New apartment releases keep coming</h2>

<p><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image4mixa.jpg" rel="gallery-all" style="font-size: 12px;" title="Image © Preview Property"><img alt="" class="image-article-full-width-580px" height="355" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image4mixa.jpg?itok=QPc0Ygml" title="Image © Preview Property" width="580"></a></p>

<p><a href="https://www.urban.com.au/buildings/the-corner-store-103-dundas-street-preston" target="_blank">The Corner Store</a>, <a href="/new-apartments/mayven-st-georges-56-st-georges-road-northcote">Mayven</a>, <a href="/buildings/1-shamrock-st-abbotsford">Playhouse</a> and <a href="/buildings/this-is-collingwood-60-66-islington-street-collingwood">60 Islington Street</a> together represent roughly 460 new dwellings in the pipeline. Having a working relationship of some description with MAP Architecture and Blue Earth Group, the trio are forging ahead with these developments.</p>

<p><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image6compa.jpg" rel="gallery-all" title="Images © PDG, Ho Bee Land &amp; Goldfilelds"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image6compa.jpg?itok=vkiS-tKU" title="Images © PDG, Ho Bee Land &amp; Goldfilelds" width="580"></a></p>

<p>Elsewhere PDG have launched <a href="https://www.urban.com.au/buildings/royal-elizabeth-151-berkeley-street-melbourne" target="_blank">Royal Elizabeth</a> at 151 Berkeley Street Carlton while a new Asian-based developer has entered the local market. Singaporean firm Ho Bee Land quietly purchased a controversial slice of land adjacent to Westfield Doncaster and under the name <a href="https://www.urban.com.au/buildings/pearl-1-grosvenor-street-doncaster" target="_blank">Pearl</a>, has launched 1 Grosvenor Street to market.</p>

<p>Finally Goldfields and Maple Living find their <a href="/buildings/the-village-cheltenham-1228-nepean-highway-cheltenham">Village Cheltenham</a> complex entered into the database with apartments due to be released for sale within weeks.</p>

<h2>Freshly approved</h2>

<p><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image8compa.jpg" rel="gallery-all" style="font-size: 12px;" title="Images © Fraher Design 3D, Metaxas &amp; Interlandi Mantesso"><img alt="" class="image-article-full-width-580px" height="383" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image8compa.jpg?itok=kcbyjST1" title="Images © Fraher Design 3D, Metaxas &amp; Interlandi Mantesso" width="580"></a></p>

<p>Showing as approved within the database are three medium-sized apartment developments located in Thornbury, Carlton and Hawthorn East, together yielding 179 apartments in total. 688-690 High Street and 18-22 Lilydale Grove have the tick of approval whilst Platanus at 152 Queensberry Street in Carlton is the stand-out design of the three, highlighted by its folded green metal facade.</p>

<h2>Under Assessment</h2>

<p><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image9compa.jpg" rel="gallery-all" title="Images © Hayball, BG Architects &amp; CHT Architects"><img alt="" class="image-article-full-width-580px" height="532" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image9compa.jpg?itok=rB2Kq3q8" title="Images © Hayball, BG Architects &amp; CHT Architects" width="580"></a></p>

<p>Whilst they may only be three, the above projects still under consideration would yield an accumulated 1008 apartments. Conceived by Hayball, above left sees the first public viewing of MAB's tri-tower proposal for 15-87 Gladstone Street, Fishermans Bend which will be subject to a more detailed article next week.</p>

<p>Elsewhere City of Stonnington are dealing with two separate proposals located within two established apartment zones. BG Architects have designed a dual building complex at 14-18 Porter Street Prahran while CHT Architects have conceived a 15 level apartment complex opposite the Jam Factory at 8-12 Garden Street, South Yarra.</p>

<p>More projects will be added soon.</p>
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1 Shamrock St, Abbotsford

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Salta's Walmer project adds to the Victoria Street apartment surge

Urban.com.au's Project Database pushes past 400

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