$450 million Seafarers Place redevelopment has been approved for Melbourne's Northbank wharf precinct

$450 million Seafarers Place redevelopment has been approved for Melbourne's Northbank wharf precinct
Staff reporterAugust 12, 2018

Property developer Riverlee has received development approval for its $450 million redevelopment of the Northbank Goods Shed and surrounding land.

The disused industrial waterfront site is to be rebuilt as a mixed use precinct, Seafarers Place.

The development plans are set to deliver a 3,500 sqm public park as well as work on the historic wharf and heritage-listed crane. 

Seafarers Place will comprise 150 residences, a 5-star hotel with 280 rooms and a 1000-seat function centre, along with a host of retail amenities.

Fender Katsalidis have designed with project with landscape design by OCULUS.

The Northbank Goods Shed transformation will signify the last opportunity to live along the waterfront in Melbourne’s CBD, Riverlee’s development director David Lee said.

Wharf restoration works began in February and are expected to be completed in the coming months, while crane restoration works have commenced with construction slated for mid 2019.

Editor's Picks

Brighton on the Park to offer Southport's largest apartments
Iris Capital reveals 71 Garfield, Surfers Paradise beachfront apartments
How Resilience Latent Defects Insurance (LDI) stands apart from other construction and property insurances
Enquiry for new apartments in Palm Beach hits 18-month high
The top 12 new apartment developments launching in Melbourne in 2025