173-177 Pascoe Vale Road, Moonee Ponds

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Long gone are the days when Eddie McGuire was helping out with the marketing of Mondo Tower on the Footy Show - back then it was the tallest residential tower proposed outside of central Melbourne. These days Moonee Ponds joins the likes of Box Hill in not needing specialist marketing to get projects off the ground.

Moonee Ponds - one of the Melbourne suburbs that the publishers of Melway street directories decided was important enough to warrant its own close-up red-border maps in later versions of the local map bible - is blessed with a distinct street-grid area that has for much of its life see a range of commercial/retail uses.

The ATO was drawn to Moonee Ponds during the 80s (note also that the ATO has tenanted a new office tower in Box Hill), Mirvac built a sub-regional shopping centre there in the early 2000s and the guardians of the Moonee Valley Racecourse - distinct from other racecourses in that it doesn't sit on crown land - have ambitious aspirations to re-work the course into a diversified precinct.

<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/masonsq.jpg" rel="gallery-all" title="Mason Square - 40 Hall Street, Moonee Ponds"><img alt="" class="image-article-full-width-580px" height="406" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/masonsq.jpg?itok=_gLfb0S3" title="Mason Square - 40 Hall Street, Moonee Ponds" width="580"></a>

<figcaption>Mason Square - 40 Hall Street, Moonee Ponds</figcaption></figure>As I mentioned in the <a href="https://www.urban.com.au/guides/weekly-podcast-episode-3-central-melbourne-design-guide-box-hill-and-skyrail">most recent episode of the weekly podcast</a>, we have an endless fascination with Box Hill and the eye-popping amount of development proposals it has racked up - the same can be said for Moonee Ponds.

On the numbers, Box Hill has 31 projects on the Urban.com.au Project Database compared to 25 in Moonee Ponds.  

Moonee Ponds like Box Hill also has a good range in terms of scale of development either proposed or under construction. On the old market site, Caydon is building at the upper end of the scale, well and truly dwarfing Mondo in height and number of apartments. 

Yet there are also a lot of smaller developments happening on the periphery of Moonee Ponds' activities district.

<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/350_ascot.jpg" rel="gallery-all" title="350 Ascot Vale Road, Moonee Ponds"><img alt="" class="image-article-full-width-580px" height="380" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/350_ascot.jpg?itok=T3_9XFFr" title="350 Ascot Vale Road, Moonee Ponds" width="580"></a>

<figcaption>350 Ascot Vale Road, Moonee Ponds</figcaption></figure>Projects such as <a href="/buildings/350-ascot-vale-road-moonee-ponds">350 Ascot Vale Road</a> are common on the periphery of central Moonee Ponds, so too are projects such as <a href="/buildings/nue-21-norwood-crescent-moonee-ponds">Nue</a> on the other side of the Craigieburn railway line and <a href="/new-apartments/moonee-ponds-vic-3039">Queens Quarter</a> located on Pascoe Vale Road just outside central Moonee Ponds.

Urban.com.au editors have noticed some new site works occurring recently on the 33 Hall Street site - a long time after the original retail + rooftop car parking building that once inhabited the site had been demolished. Expected is a 14 level apartment tower.

Looking forward, we are waiting to see more detail on the Moonee Valley Racecourse redevelopment.

The new vision for the racetrack <a href="https://www.thevalley.com.au/news/2017-11-22/the-valley-of-tomorrow">was unveiled during November 2017</a> however it only focused on the equestrian facilities - in previous iterations, the racecourse would have seen a large number of residential buildings added to the area.

And there are still a large number of open-air car parks in the activities district - <a href="https://www.urban.com.au/news/are-standalone-supermarkets-and-small-retail-centres-in-our-suburbs-ripe-for-increasing-housing-supply">could Woolworths do an Aldi and redevelopment them</a>?

Lead image: <a href="https://www.urban.com.au/buildings/9-shuter-street-moonee-ponds">9 Shuter Street</a>.
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Alastair Taylor

Moonee Ponds' apartment scene in focus

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In October 2016 when we first kicked off the series of articles looking at the development pipeline along Melbourne's tram corridors, <a href="https://urban.melbourne/development/2016/10/13/melbournes-development-tram-59">the 59 was </a><a href="https://www.urban.com.au/news/melbournes-development-by-tram-the-59">first tram out of the depot</a>.

The 59 corridor, except for Elizabeth Street and Flemington Road through the CBD and North Melbourne, runs exclusively within the City of Moonee Valley through Travancore, Ascot Vale, Moonee Ponds, Essendon, Niddrie and Airport West.

Moonee Ponds was and still is an emerging hotspot of development activity with the Moonee Ponds market site a hotbed of construction with a pipeline that will likely keep on keeping on for many years yet - here's looking at you Moonee Valley Racecourse.

The October 2016 snapshot showed 38 projects with 3,201 dwelling across all statuses.  Planning Assessment, Approved and Registration and Sales status had an equal number of projects (10 each) but there was a significant amount of dwellings being assessed - thanks to the market site being before the council at that time.

Fast forward and in terms of the market site in Moonee Ponds - a few trips to VCAT and the Minister's office - those apartments have largely moved from Planning Assessment to the Approved column.

That said, there's still a good amount of dwellings at the start of the journey with 12 projects and 850 dwellings before council.

In terms of construction, the number of projects and number of dwellings is relatively stable with similar figures both for Feb 2018 and October 2016.

<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/editor_moonee_p.jpg" rel="gallery-all" title="Editor Moonee Ponds - 31 Taylor Street, Moonee Ponds - image: FKD"><img alt="" class="image-article-full-width-580px" height="358" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/editor_moonee_p.jpg?itok=vdrYAgpc" title="Editor Moonee Ponds - 31 Taylor Street, Moonee Ponds - image: FKD" width="580"></a>

<figcaption><a href="/buildings/editor-moonee-ponds-31-taylor-street-moonee-ponds">Editor Moonee Ponds</a> - 31 Taylor Street, Moonee Ponds - image: FKD</figcaption></figure><table border="1" cellpadding="1" cellspacing="1" style="width:100%;">
<thead><tr>
<th scope="col">Aspect</th>
			<th scope="col">Number of projects</th>
			<th scope="col">Number of dwellings</th>
		</tr></thead>
<tbody>
<tr>
<td>Residential projects: Planning Assessment</td>
			<td class="rtecenter">12</td>
			<td class="rtecenter">850</td>
		</tr>
<tr>
<td>Residential projects: Approved</td>
			<td class="rtecenter">14</td>
			<td class="rtecenter">1,396</td>
		</tr>
<tr>
<td>Residential projects: Registration and Sales</td>
			<td class="rtecenter">12</td>
			<td class="rtecenter">731</td>
		</tr>
<tr>
<td>Residential projects: Under Construction</td>
			<td class="rtecenter">9</td>
			<td class="rtecenter">985</td>
		</tr>
<tr>
<td>TOTAL</td>
			<td class="rtecenter">47</td>
			<td class="rtecenter">3,962</td>
		</tr>
</tbody>
</table>
<h2>Mount Alexander Road (South)</h2>

One of the biggest changes since October 2016 has been the number of projects that have cropped up on Mount Alexander Road, south of the Moonee Ponds activities district. 

Previously in October 2016, there was only one project located between the City of Moonee Valley and City of Melbourne council boundary at Flemington Bridge and Moonee Ponds, now there are 6.

The Moonee Ponds activities district has no less than 20 projects and they vary greatly in size from the 30 level, 597 apartment tower that was approved through VCAT at <a href="/buildings/rise-15-everage-street-moonee-ponds">23 Everage Street</a> to the 5-level, 10-apartment <a href="/new-apartments/sur-53-homer-street-moonee-ponds">Sur at 53 Homer Street</a>.

<h2>Pascoe Vale Road, Fletcher Street, Mount Alexander Road (north)</h2>

The short stretch of Pascoe Vale Road and Fletcher Street which the 59 tram runs down sees one more project active in the database since October 2016 and no projects have been logged on Fletcher Street.

Essendon itself, where the tram turns north back on to Mount Alexander Road, has seen a slight reduction in projects compared to October 2016 from 7 projects to 5.

<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/linc_essendon.jpg" rel="gallery-all" title="LINC - 13-21 Russell Street, Essendon - Image: REVEL Development Group"><img alt="" class="image-article-full-width-580px" height="357" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/linc_essendon.jpg?itok=56CWyhpx" title="LINC - 13-21 Russell Street, Essendon - Image: REVEL Development Group" width="580"></a>

<figcaption><a href="/new-apartments/linc-19-russell-street-essendon">LINC - 13-21 Russell Street, Essendon</a> - Image: REVEL Development Group</figcaption></figure><h2>Keilor Road and Matthews Ave</h2>

Keilor Road maintains a healthy number of projects thanks to the myriad of development sites afforded to the area. 

As we remarked back in October 2016, this stretch of the 59 tram route has seen significant change and it is set to continue with 6 projects on the database.

Matthews Avenue, right up at the current terminus of the 59 tram has seen its project count expand to 3 from 1.
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173-177 Pascoe Vale Road, Moonee Ponds

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