68 Courtney Street, North Melbourne

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<p>Parkville station, one of the five stations to be built as part of the new Melbourne Metro tunnel project has 22 projects in the development pipeline. As you might expect for Parkville, student accommodation projects dominate the area, so much so, they're in the minority using the 500m distance criteria.</p>

<p>As the crow flies, the University of Melbourne's Parkville campus is the dominant feature in the area, however, Carlton to the south and North Melbourne to the West are also scooped up.</p>

<p>Following on from the overview of <a href="https://www.urban.com.au/news/an-overview-of-the-projects-in-the-vicinity-of-the-new-parkville-station">Anzac station's development pipeline</a>, we're also establishing a baseline for Parkville so we can monitor development change around the new stations over time.  </p>

<p>On the residential side of the ledger, there are 12 projects which will offer apartments for sale and collectively they have 791 dwellings contained within them at the time of writing.</p>

<p>However, when you flip over to the student accommodation side of the ledger, there are 11 projects which will contain some student accommodation and there are a whopping 3000+ beds contained within them (there are 22 projects in total, some of the offer both student accommodation and private apartments).</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/parkville_map.jpg" rel="gallery-all" title="Parkville station and nearby projects in the development pipeline"><img alt="" class="image-article-full-width-580px" height="314" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/parkville_map.jpg?itok=kTc-BLhV" title="Parkville station and nearby projects in the development pipeline" width="580"></a>

<figcaption>Parkville station and nearby projects in the development pipeline</figcaption></figure><p>Student accommodation projects are for the most part buildings of studios however some floorplate configurations include 2 and 3 bedroom apartments.</p>

<p>It should be no surprise to find so much student accommodation within the orbits of the University of Melbourne &amp; RMIT's primary campuses plus all the smaller campuses of universities and other tertiary institutions in the CBD.  </p>

<p>Should the second metro tunnel ever eventuate, Parkville station will become an interchange between the two lines, raising the station's profile even further which will possibly flow into the value of the land surrounding the station.</p>

<p>One stop down the line at North Melbourne (Arden), the state government will exert more control over the staging of development - as it is a major landholder in the area - however there is still a decent amount of pipeline activity already on land to the east of the station site.  North Melbourne (Arden) is the topic for the next iteration in this series.</p>

<p>See below for a full list of projects that are located within the vicinity of the new Parkville station.</p>

<p><span style="font-size:10px;">Lead image credit: <a href="https://metrotunnel.vic.gov.au/stations">metrotunnel.vic.gov.au</a>.</span></p>
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Alastair Taylor

An overview of the projects in the vicinity of the new Parkville station

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<p>Burgeoning developer AZX Group's Melbourne presence continues to evolve with their latest project before State planning officers subject to recent revisions. The last parcel of land to be offered for sale surrounding Etihad Stadium, 685 La Trobe Street's reworked April 2016 plans show heavily activated frontages with two residential towers set above.</p>

<p>After securing the vacant site for a <a href="http://www.smh.com.au/business/property/azx-buys-docklands-site-20150728-gimakw">reported $31.1 million</a>, AZX Group are pursuing 629 apartments for the 4,411sqm site with Peddle Thorp Architects entrusted with the design.</p>

<p>AZX Group are expecting that the revised residential towers will replace an approved office scheme for the site. Designed by Bates Smart for then owner Charter Hall, the facility was to have offered <a href="http://www.flagshipgroup.com.au/projects/another-development/">35,000sqm of office accommodation in a project valued at $220 million.</a></p>

<h2>685 La Trobe Street development summary</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/image17_4.jpg" rel="gallery-all" title="685 La Trobe Street's northern elevation. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17_4.jpg?itok=O1SHsSMk" title="685 La Trobe Street's northern elevation. Planning image: Peddle Thorp" width="580"></a>

<figcaption>685 La Trobe Street's northern elevation. Planning image: Peddle Thorp</figcaption></figure><ul>
<li>Vacant site of 4,411sqm</li>
	<li>Dual towers with the taller at 74.5 metres</li>
	<li>629 apartments in total</li>
	<li>Tower 1: 140 x 1BR, 176 x 2BR, 3 x BR</li>
	<li>Tower 2: 59 x 1BR, 247 x 2BR, 4 x 3B </li>
	<li>Total retail NSA: 1,035sqm</li>
	<li>Provision for 373 bicycle bays and 103 car parking bays</li>
	<li>Project GFA: 62,614sqm</li>
</ul>
<h2>Public interface</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/image18_8.jpg" rel="gallery-all" title="Concourse level. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="448" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image18_8.jpg?itok=mlvMciP8" title="Concourse level. Planning image: Peddle Thorp" width="580"></a>

<figcaption>Concourse level. Planning image: Peddle Thorp</figcaption></figure><p>685 La Trobe Street is heavily activated with retail to three frontages over multiple levels, owing to the sloping nature of the site and Etihad Stadium's elevated concourse. </p>

<p>Services to the development will for the most be confined to the westerly aspect which fronts a service lane, whilst an obligatory art installation will wrap the south-west corner of the development. In total 9 retail spaces wrap the development; a far stronger level of activation than a handful of neighbouring project that front Etihad Stadium.</p>

<p>The space separating both towers is expected to be finished with paving and areas of lawn which is a far cry from the barren concourse that currently surrounds Etihad Stadium.</p>

<p>685 La Trobe Street 's emphasis on interacting with its surrounds follows on from the <a href="http://www.afl.com.au/news/2016-04-29/ambitious-plan-underway-to-upgrade-etihad-stadium">AFL's mooted plans to redevelop Etihad Stadium</a>'s environs should it gain control of the stadium earlier than the slated 2025 date. </p>

<p>Incidentally the neighbouring site controlled by local developer Salta Properties has also headed back to planning post receiving approval for 383 apartments within a single tower. A new design for the prime corner site is expected.</p>

<h2>AZX growing at pace</h2>

<p>The developer has five apartment projects in play with a sixth looming in the shape of the balance of the former CUB site in Carlton, for which initial sketches show a very substantial tower in the works.</p>

<p>685 La Trobe Street's 600 plus apartments aside,our additional residential projects would swell the developer's pipeline by roughly 1,500 dwellings. The initial stage of <a href="/buildings/riverina-22-hopkins-street-footscray">Riverina</a> within Footscray's Joseph Road Precinct is under construction, leaving Bello on North Melbourne's Courtney Street as the project most likely to launch next.</p>

<p>AZX Group are very much indicative of the wave of Asian-backed property developers that have descended upon Melbourne in recent years.</p>
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silvermb

AZX Group's Docklands development rounds out the Stadium Precinct

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<p>Following on from <a href="https://www.urban.com.au/news/welcome-to-boom-town-melbournes-low-rise-high-density-projects-in-one-long-list">Friday's list of 2, 3 and 4 floor low-rise high-density projects</a>, today we're looking exclusively at projects which have either 5 or 6 floors.</p>

<p>There are 243 current projects in the list below and while the overwhelming majority of projects are residential, there are a few notable commercial projects such as the ABC's expansion of its offices and broadcast facilities on <a href="/new-apartments/southbank-vic-3006">Southbank</a>, the <a href="/developments/burnley-vic-3121">East Edge Botannica</a> project in Richmond and <a href="/developments/hawthorn-vic-3122">8 Hall Street</a> in Hawthorn.</p>

<p>Factoring in purely residential projects, the list of projects below yields 10,781 dwellings from planning assessment to construction.</p>

<h2>The low-rise high-density story</h2>

<p>Combining the numbers across both lists - that is, buildings with 2, 3, 4, 5 or 6 floors - there are just under 18,000 dwellings across 453 projects (2 more low-rise projects have been added since Friday's article). 46% of all projects on Urban.com.au <a href="https://www.urban.com.au/developments">Project Database</a> have 6 or less floors.</p>

<table border="1" cellpadding="1" cellspacing="1" style="width:100%;">
<thead><tr>
<th scope="col">Project Status</th>
			<th class="rtecenter" scope="col">Number of Projects</th>
			<th class="rtecenter" scope="col">Number of Dwellings</th>
		</tr></thead>
<tbody>
<tr>
<td>Planning Assessment</td>
			<td class="rtecenter">99</td>
			<td class="rtecenter">4175</td>
		</tr>
<tr>
<td>Approved</td>
			<td class="rtecenter">97</td>
			<td class="rtecenter">3866</td>
		</tr>
<tr>
<td>Registration and Sales</td>
			<td class="rtecenter">141</td>
			<td class="rtecenter">5116</td>
		</tr>
<tr>
<td>Under Construction</td>
			<td class="rtecenter">116</td>
			<td class="rtecenter">4808</td>
		</tr>
<tr>
<td><strong>Total</strong></td>
			<td class="rtecenter"><strong>453</strong></td>
			<td class="rtecenter"><strong>17,965</strong></td>
		</tr>
</tbody>
</table>
<p>Furthermore Urban.com.au has site area data on 214 of the 453 projects outlined in the table above; this subset has an average of 312 dwellings per hectare. Dwellings per hectare = 10,000 ÷ (Site Area m<sup>2</sup> ÷ Dwellings).</p>

<p>Where Friday's list has projects which provide a good insight into what is possible in the residential growth zone throughout the Metropolitan area, today's list looks at the small step up into areas where suburban structure plans encourage higher-density development.</p>

<p>See <a href="https://www.urban.com.au/news/welcome-to-boom-town-melbournes-low-rise-high-density-projects-in-one-long-list">Friday's article</a> for the list of projects with 2, 3 or 4 floors.</p>

<p>And it's over to the Project Database once again. Here's the list of projects with either 5 or 6 floors.</p>
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Melbourne's low-rise high-density: all projects with 5 or 6 floors in one long list

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<p>With winter all but a memory the season to get out and about is upon us. Judging by the sheer volume of new additions to the Urban.com.au <a href="https://www.urban.com.au/developments" target="_blank">Project Database</a> developers have the same notion in mind.</p>

<p>Within the last week or so in near enough to 30 residential apartment developments have been added to the Project Database, signifying the next push of medium and high-density projects into the Melbourne market. Shown below are a selection of newly added projects:</p>

<h2>North and West Melbourne running hot</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/image53nwm.jpg" rel="gallery-all" title="Rosslyn Street, Courtney Place and Shiel Street. Images courtesy Hartland, Hayball and Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="338" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image53nwm.jpg?itok=ItrF7lF2" title="Rosslyn Street, Courtney Place and Shiel Street. Images courtesy Hartland, Hayball and Fender Katsalidis" width="580"></a>

<figcaption>Rosslyn Street, Courtney Place and Shiel Street. Images courtesy Hartland, Hayball and Fender Katsalidis</figcaption></figure><p>In addition to a handful of high-rise apartment towers subject to future articles, North and West Melbourne continue to bubble away with apartment projects coming thick and fast. Entered into the Urban.com.au project database in recent days have been three projects.</p>

<p><a href="/new-apartments/north-melbourne-vic-3051">1 Shiel Street</a> sees an existing scheme of six levels expanded to ten with the capacity for 46 dwellings while <a href="/new-apartments/north-melbourne-vic-3051">143-147 Rossly Street</a> is also a revised application seeking approval for a six level development. Most unassuming is <a href="https://www.urban.com.au/new-apartments/68-courtney-street-north-melbourne" target="_blank">68-74 Courtney Place</a> in North Melbourne which due to its depth has seen a Hayball design of some 80 apartments put forward.</p>

<h2>GURNER™ add to their development stock</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/image52gurner.jpg" rel="gallery-all" title="74 Eastern Road, Ikebana and Stanley Street. Images courtesy GURNER™"><img alt="" class="image-article-full-width-580px" height="489" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image52gurner.jpg?itok=jx7f_IIF" title="74 Eastern Road, Ikebana and Stanley Street. Images courtesy GURNER™" width="580"></a>

<figcaption>74 Eastern Road, Ikebana and Stanley Street. Images courtesy GURNER™</figcaption></figure><p>Two projects have recently been submitted for approval by GURNER™. <a href="https://www.urban.com.au/buildings/74-eastern-road-south-melbourne" target="_blank">74 Eastern Road</a> and <a href="/buildings/28-stanley-street-collingwood">24-28 Stanley Street Collingwood</a> would add 130 apartment between the two, with GURNER™ describing 74 Eastern Road as "An amazing scheme." These two join <a href="https://www.urban.com.au/buildings/ikebana-130-dudley-street-west-melbourne" target="_blank">Ikebana West Melbourne</a> which will see the release of 248 additional apartments into the market shortly.</p>

<h2>The drawn-out Waterfront Place</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/image55fk.jpg" rel="gallery-all" title="The Fender Katsalidis concept design for Waterfront Place"><img alt="" class="image-article-full-width-580px" height="244" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image55fk.jpg?itok=IwU7CXhP" title="The Fender Katsalidis concept design for Waterfront Place" width="580"></a>

<figcaption>The Fender Katsalidis concept design for Waterfront Place</figcaption></figure><p>Kuwaiti-backed Action Group Australia have held the prime Port Melbourne site for some time. Enlisting Fender Katsalidis, an initial 30 level wave-like development was proposed, subsequently falling in height to 19 levels, 13 levels and now a 10 level proposal which is entered into the database. With the approvals process resembling a melodrama, the most recent <a href="https://www.urban.com.au/new-apartments/1-11-waterfront-place-port-melbourne" target="_blank">1-11 Waterfront Place</a> looks to have lost a significant amount of design flair.</p>

<p>City of Port Phillip have indicated this scheme too will not find favour.</p>

<h2>Into the north</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/image56nth.jpg" rel="gallery-all" title="St George, Hive Thornbury and 602 Doncaster Road. Images courtesy MAP Architecture, ROTHELOWMAN &amp; ITN"><img alt="" class="image-article-full-width-580px" height="488" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image56nth.jpg?itok=y3q1jtxj" title="St George, Hive Thornbury and 602 Doncaster Road. Images courtesy MAP Architecture, ROTHELOWMAN &amp; ITN" width="580"></a>

<figcaption>St George, Hive and 602 Doncaster. Images courtesy MAP Architecture, ROTHELOWMAN &amp; ITN</figcaption></figure><p>The suburbs aren't without a swag of projects, with locales such as Preston, Doncaster, Essendon and Northcote delivering more residential projects into the Urban.com.au database. Shown above is St George at 64 St Georges Road Northcote and Hive at 630 High Street Thornbury.</p>

<p>Recently added but known of for some time is <a href="https://www.urban.com.au/new-apartments/602-630-doncaster-road-doncaster" target="_blank">602-630 Doncaster Road</a> which after initially finding no favour with local council won approval at VCAT, further adding to Doncaster's impressive stock of residential apartments.</p>

<p><em>Lead image courtesy Alan Lam</em>.</p>
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68 Courtney Street, North Melbourne

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