DCF Property

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Relative newcomer <a href="https://www.urban.com.au/developers/dcf-property">DCF Property</a> has made a play for a mixed-use tower in the rapidly expanding fringe CBD pocket opposite Flagstaff Gardens.

With two low-rise apartment projects to their name, DCF Property are seeking to greatly expand their presence with <a href="https://www.urban.com.au/projects/407-415-king-street-west-melbourne">407-415 King Street</a>. Now Flagstaff House, the West Melbourne corner site plays host to the two to three storey building which carries an individual Heritage Overlay, affording the property a B grade listing.

While the existing exterior would be incorporated under the proposal, design lead <a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a> have added a 23 level tower above which would host both a hotel and apartments.

407-415 King Street abuts two development sites. <a href="https://www.urban.com.au/developers/spec-property">SPEC Property</a> are actively marketing Flagstaff Green apartments fronting Batman Street while Haileybury College have recently completed an overhaul of 383 King Street, itself subject to a failed application for a 75 metre apartment building in recent years.

<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/flagstaff_2.jpg" rel="gallery-all" title="407-415 King Street. Image - Plus Architecture"><img alt="" class="image-article-full-width-580px" height="410" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/flagstaff_2.jpg?itok=XH5afeHn" title="407-415 King Street. Image - Plus Architecture" width="580"></a>

<figcaption>407-415 King Street. Image - Plus Architecture</figcaption></figure>​

<h2>407-415 King Street application summary</h2>

<ul>
<li>Submitted May 2016</li>
	<li>Existing 930sqm site home to heritage listed Flagstaff House</li>
	<li>Proposed 23 level mixed-use building at 81.3 metres atop Flagstaff House</li>
	<li>158 hotel suites</li>
	<li>70 apartments: 19 x 1BR, 47 x 2BR, 4 x Penthouse</li>
	<li>Hotel office, gym, meeting and function rooms, restaurant/bar</li>
	<li>Level 12 communal area and rooftop garden</li>
	<li>64 car parking spaces and 44 bicycle bays over four basement levels</li>
	<li>Estimated cost of development: $50 million</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/flagstaff_3.jpg" rel="gallery-all" title="407-415 King Street. Image - Plus Architecture"><img alt="" class="image-article-full-width-580px" height="821" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/flagstaff_3.jpg?itok=-tPCcJnh" title="407-415 King Street. Image - Plus Architecture" width="580"></a>

<figcaption>407-415 King Street. Image - Plus Architecture</figcaption></figure>​

Flagstaff House is a Yuncken Freeman design which was completed during 1968, with the heritage overlay covering the exterior only. Thus the development calls for only the facade to be retained, with the tower to rise behind.

The project's hotel and apartment components are separated by a design feature midway up the tower which also houses communal facilities. Plus Architecture refer to the separation as a truss feature, drawing a design parallel to Yuncken Freeman's timeless 140 William Street found within <a href="https://www.urban.com.au/new-apartments/melbourne-vic">Melbourne's CBD</a>.

One and two bedroom dwellings aside, the planning application calls for a sprawling whole floor penthouse. At 439sqm, the four bedroom penthouse shapes as one of, if not the largest apartment created within <a href="https://www.urban.com.au/new-apartments/west-melbourne-vic">West Melbourne</a>.

Set above the penthouse is a 236sqm rooftop garden.

<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/image23_4.jpg" rel="gallery-all" title="407-415 King Street was once Yuncken Freeman's offices. Image: Wikipedia"><img alt="" class="image-article-full-width-580px" height="358" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image23_4.jpg?itok=eLNGkb7k" title="407-415 King Street was once Yuncken Freeman's offices. Image: Wikipedia" width="580"></a>

<figcaption>407-415 King Street was once Yuncken Freeman's offices. Image: Wikipedia</figcaption></figure>To date DCF Property's presence on the Urban.com.au Project Database has been limited to two projects in Melbourne's eastern suburbs.

<a href="https://www.urban.com.au/buildings/inqu-140-cotham-road-kew">INQU at 140-142 Cotham Road, Kew</a> is completed with <a href="https://www.urban.com.au/builders/orange-building-solutions">Orange Building Solutions</a> delivering the project encompassing 40 apartments, six retail tenancies and one restaurant. DCF Property's other current pursuit is for a vacant block in Balwyn North.

76-78 Doncaster Road is a DKO Architecture-designed residential project which if approved adds another 60 apartments on the developer's books.

<h2>407-415 King Street development team</h2>

<ul>
<li>Developer: DCF Property</li>
	<li>Architect: Plus Architecture</li>
	<li>Planning: Planning and Property Partners</li>
	<li>ESD, Structural &amp; Services engineer: WSP Parsons Brinckerhoff</li>
	<li>Heritage: Bryce Raworth</li>
	<li>Traffic: Traffix</li>
	<li>Waste: Leigh Design</li>
	<li>Wind: SLR Consulting</li>
</ul>
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