K7 Developments moves on Abbotsford; Collingwood eyes another commercial development
A freshly advertised planning application with City of Yarra has shown K7 Developments to be the purchaser last year of an already approved development site at 288-296 Johnston Street.
Rather than proceed with the previous Cox Architecture-designed scheme, K7 Developments have reworked the project, effectively looking to double the apartment yield. Plus Architecture have been engaged to deliver the new design.
The project is diagonally opposite Pace of Abbotsford which may well act as a height precedent for 288-296 Johnston Street; both projects are at 12 levels.
In getting to 12 levels from the previously approved 8, K7 Developments are hoping to bump apartment numbers from the approved 44 to 87. The prospective apartment mix is broken down as 23 single bedroom apartments, 62 dual bedroom and 2 triple bedroom apartments.
The dwellings would sit above a 214 square metre cafe and dual retail tenancies amounting to 374 square metres.
A triple level basement holds 87 car parking spaces and capacity for 101 bicycles. Vehicle access to the intended project is via Little Turner Street at the rear of the property.
The Abbotsford property has been in a state of flux for many years from a development perspective, with a planning history spanning seven years. Last year the Cox Architecture approved scheme across the 1,182 square metre site wes offered for sale by CBRE.
Meanwhile, another commercial project has been earmarked for Collingwood.
Plans are on display for a new part four, part seven storey building at 61-75 Langridge Street. Designed by Preston Lane for Domain Hill Property Group, the Langridge Street proposal includes 4,900 plus square metres of office floor space above retail and commercial tenancies.
Preston Lane imagery shows an open floor format and industrial finishes within the building.
The proposed Langridge street complex backs on to 2-16 Northumberland Street which has begun construction. Grocon have the job of delivering the 15,000 square metre build for tenants The Commons and Aesop.
The Langridge and Northumberland projects are joined by three additional current Collingwood office projects which between them are seeking to add approximately 40,000 square metres of new office space to the suburb.