Find out which Melbourne suburb is set for a new $36 million mixed-use development
Plans have been lodged to the City of Melbourne council to convert a North Melbourne warehouse in to a mixed-use building.
The $36 million development of the site at 287-313 Macaulay Road, in the Arden-Macauley Urban Renewal Area, will see a partial demolition of the current warehouse and the construction of a 12 levels building on top of two levels of basement parking.
It will have 120 apartments above podium office space and 2,048 sqm of ground floor retail.
Source: Hayball architects plans submitted to the City of Melbourne
Hayball architects have designed the building which will consist of 12 one bedroom apartments, 78 two bedroom apartments, 29 three bedroom apartments and a four bedroom penthouse. There will be seven duplexes.
There will be 250 sqm of communal space, split between a 201 sqm communal terrace on level 1 and a 49 sqm communal sky garden on level nine.
Residents will also have access to a cinema room which is part of the ground level clubhouse where there’s also a lounge and kitchen and dining space.
Source: Hayball architects plans submitted to the City of Melbourne
The 1,920 sqm site last traded for $5.28 million in 2014.
The developer has opted for car share facilities rather than a designated car space per apartment.
“Data shows that car ownership in the suburb of North Melbourne is low and a significant number of apartments do not own a car and the average ownership for larger dwellings is only one vehicle,” the assessment by Traffix Group noted.
“This is reflective of how accessible the site is and demonstrates how suitable the site is for strategic developments that seek to further reduce the reliance on private motor vehicle.”
As an average rate, the proposal includes a provision of 0.73 spaces per apartment and there are in the order of 30% of apartments proposed without parking.
