Fulton Lane - 151 Franklin Street, Melbourne

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Cast your eyes over the northern reaches of Melbourne's CBD and a not-too-subtle marker is taking its place. Brady Group's Vision has motored past the 150 metre mark on its way to 226 metres and in doing so is acting as a vanguard project of sorts for the rash of new residential towers set to redefine this section of Melbourne.

With a host of new proposals joining the ranks of late, now presents as an opportune time to provide an overview of these residential towers that promise to remodel the northern areas of the CBD beyond recognition.

<h2>The current drop</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/image43_0.jpg" rel="gallery-all" title="A host of projects are early into their construction cycle"><img alt="" class="image-article-full-width-580px" height="273" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image43_0.jpg?itok=hXuuDiC-" title="A host of projects are early into their construction cycle" width="580"></a>

<figcaption>A host of projects are early into their construction cycle</figcaption></figure>Clockwise above are <a href="https://www.urban.com.au/buildings/eporo-tower-279-la-trobe-street-melbourne">Eporo</a>, <a href="https://www.urban.com.au/buildings/light-house-450-elizabeth-street-melbourne">Light House</a>, <a href="https://www.urban.com.au/buildings/eq-tower-127-abeckett-street-melbourne">EQ Tower</a>, <a href="https://www.urban.com.au/buildings/victoria-one-452-472-elizabeth-street-melbourne">Victoria One</a> and <a href="https://www.urban.com.au/buildings/empire-melbourne-398-elizabeth-street-melbourne">Empire</a>, the most advanced of which has risen two levels above ground. Joining these projects in the early stages of construction are <a href="/new-apartments/the-trillium-36-la-trobe-street-melbourne">Trillium</a> and <a href="https://www.urban.com.au/buildings/la-trobe-tower-323-la-trobe-street-melbourne">La Trobe Tower</a>.

Near on 3,100 apartments are contained within the above seven projects, demonstrating the sheer pace at which this section of the CBD is evolving into a high-rise residential hub. With Vision, <a href="https://www.urban.com.au/buildings/the-carlson-321-la-trobe-street-melbourne">The Carlson</a> and part of <a href="https://www.urban.com.au/buildings/fulton-lane-151-franklin-street-melbourne">Fulton Lane</a> also under construction, the number of apartments under construction is inflated by a further 1,460.​

It's a staggering number, yet such is the volume of upcoming projects north of La Trobe Street and south of Victoria Street that it can easily be surpassed by those projects in waiting.

<iframe allowfullscreen="allowfullscreen" allowtransparency="true" frameborder="0" height="400" mozallowfullscreen="mozallowfullscreen" msallowfullscreen="msallowfullscreen" oallowfullscreen="oallowfullscreen" src="https://charts.datawrapper.de/abxpa/index.html" webkitallowfullscreen="webkitallowfullscreen" width="100%"></iframe>

<h2>Incoming</h2>

A master sales agent has been assigned to <a href="/buildings/swanston-central-168-victoria-street-carlton">8 Bouverie Street</a>, with its sales campaign imminent. Snapped up by Hengyi, the project is set to follow the current project Light House, albeit with a greater apartment yield exceeding 1,000 dwellings; the final numbers for the project will be revealed shortly.

Also pushing up the development chain are two separate projects for student accommodation provider Scape Student Living. <a href="/developments/melbourne-vic-3000">212-222 La Trobe Street</a> and <a href="https://www.urban.com.au/buildings/scape-melbourne-393-swanston-street-melbourne">393 Swanston Street</a> between them are capable of providing in excess of 1,500 dwellings and have a completion date spread over 2018-2019. These are joined by the approved 377 La Trobe Street scheme which would essentially sit between the two nominated projects above, although its delivery timeframe is unknown.

<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/image38_2.jpg" rel="gallery-all" title="Side by side and set for reshape the La Trobe Street landscape"><img alt="" class="image-article-full-width-580px" height="223" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image38_2.jpg?itok=VkDr756g" title="Side by side and set for reshape the La Trobe Street landscape" width="580"></a>

<figcaption>Side by side and set for reshape the La Trobe Street landscape</figcaption></figure>Also maintaining a 2019 completion timeline is <a href="https://www.urban.com.au/buildings/aurora-melbourne-central-224-la-trobe-street-melbourne">Aurora Melbourne Central</a> which is due to begin site demolition at present while <a href="/buildings/97-franklin-street-melbourne">97 Franklin Street</a> remains the only major approved development in the CBD's northern precinct without publicly known development plans. The 200 metre plus golden tower is value at approximately $200 million and would carry 551 apartments and 144 serviced apartments.

Looming is <a href="https://www.urban.com.au/buildings/conservatory-9-23-mackenzie-street-melbourne">Conservatory</a> with in excess of 450 apartments; it will be UEM Sunrise's next Melbourne venture post the sales success of Aurora Melbourne Central.

The projects at planning are equally as imposing with four towers in excess of 200 metres on the radar. Headlining the show is <a href="/buildings/queens-place-157-a-beckett-street-and-370-queen-street-melbourne">Queens Place</a> with 1,700 dwellings over two hulking towers, the tallest of which is 267 metres. Nearby 293 - 303 La Trobe Street Melbourne is shaping up for a slender residential tower with 370 dwellings over what is the Duke of Kent hotel.

Most recently submitted for assessment is <a href="/developments/melbourne-vic-3000">478 Elizabeth Street</a> with a 68 storey mixed-use development envisaged. 399 apartments and 196 hotel suites would constitute the development's yield.

<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/ldo_cbd.jpg" rel="gallery-all" title="Image © Laurence Dragomir"><img alt="" class="image-article-full-width-580px" height="497" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/ldo_cbd.jpg?itok=EAaBuHpN" title="Image © Laurence Dragomir" width="580"></a>

<figcaption>Image © Laurence Dragomir</figcaption></figure>Perhaps the most poignant indicator as the the rapid change and sheer volume of projects sweeping through the northern parts of the CBD is the render created by Laurence Dragomir above. Barely a year old the image depicts six of the tallest proposals with Aurora Melbourne Central being the only project not at construction.

If nothing else the dynamism of this pocket of the CBD provides impetus for an updated Urban.com.au render.
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silvermb

Northern lights: the incredible rate of change in Melbourne's northern CBD

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In excess of 100 guests gathered earlier this week at the Fulton Lane construction site to witness the project's topping out ceremony. In a sign of Malaysian-based developer SP Setia's propensity to be seen to be proactive, the sizeable crowd amassed for what is generally only a builders tradition which sees a juvenile tree placed atop of the newly completed concrete structure.

But on this occasion in a very public ceremony three separate trees of Australian, Malaysian and Greek origins were hoisted by tower crane to meet waiting key members of the developer/build team while guests were treated to a hawker-style market arrangement at ground level. The Australian eucalypt reflects Fulton Lane's location, while Malaysian and Greek trees provided a nod to the heritage of both developer and head contractor, Hickory Group.

<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/img_1573.jpg" rel="gallery-all" title="The obligatory cutting of the ribbon"><img alt="" class="image-article-full-width-580px" height="437" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img_1573.jpg?itok=-p0t1iCn" title="The obligatory cutting of the ribbon" width="580"></a>

<figcaption>The obligatory cutting of the ribbon</figcaption></figure>On show during the event was the rudimentary ground floor layout; while many finishes have yet to be applied the basic premise of the space was evident. Sitting at the base of the dual towers containing 816 residential apartments, retail will take centre stage once complete, encouraging activity to Franklin Street in particular which is best described as ancillary to Melbourne's streetscape at best.

Currently the largest residential project under construction in Melbourne and with a construction value of $221 million, the design is the work of architecture firm Fender Katsalidis. Perhaps Fulton Lane's highlight is the rapidly emerging exterior façade which is a contrast of black glazing accentuated by angular aluminium composite panel clad that changes colour from green to yellow to silver depending upon the viewer's angle.

Closer to street level podium to both residential towers are heavy with timber and a green arbor façades, providing a more engaging interface with the streetscape.

According to Hickory Group highlights of the Fulton Lane build include:

<ul>
<li>Extensive value management including reworking B3 basement size to reduce piling and excavation, two stage construction programme starting with public areas in Stage 1</li>
	<li>Environmental efficiencies to achieve a 4 star rating including energy efficient lighting, use of recycled materials, recycling rainwater for common toilets and irrigation</li>
	<li>At Level 41, one third of the floor plate is a ‘skydeck’ which will be exclusively available to residents as an interactive community area.</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/img_1536.jpg" rel="gallery-all" title="Fulton Lane as seen from QVM"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img_1536.jpg?itok=1lKm_V3r" title="Fulton Lane as seen from QVM" width="580"></a>

<figcaption>Fulton Lane as seen from QVM</figcaption></figure>While Urban.com.au hopes to tour Fulton Lane when complete - which is expected during June 2015 - SP Setia have just signed off on a construction contract for their latest Melbourne development titled Parque Melbourne at 555 St Kilda Road. Hickory Group have snared the build once more for the curvaceous tower which is also designed by Fender Katsalidis.

In complete contrast to Fulton Lane's angular design, the flowing lines of Parque signifies a step-up in presence for SP Setia in Melbourne, with the St. Kilda Road development billed as one of Melbourne most prestigious.

But as for SP Setia's entry project into Australia, no doubt the 1500 future residents of Fulton Lane will like what they see.

<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/image15.jpg" rel="gallery-all" title="Ceremonial trees are hoisted and the exterior facade at its best angle"><img alt="" class="image-article-full-width-580px" height="434" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image15.jpg?itok=fDJ6tXtE" title="Ceremonial trees are hoisted and the exterior facade at its best angle" width="580"></a>

<figcaption>Ceremonial trees are hoisted and the exterior facade at its best angle</figcaption></figure>
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Northern lights: the incredible rate of change in Melbourne's northern CBD

Fulton Lane on show during its topping out ceremony

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