Development overview

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90 per cent of stage one sell-out at newly completed Erskineville’s Park Sydney as residents move in. Stage one of the joint venture by Greenland Australia and GH Australia launched last week with the developers confirming that over 297 residences in the 330-apartment project have sold to date. A limited mix of apartments remain, spread across two eight-storey buildings at the corner of Mitchell Road and Ashmore Street.

<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/erskineville_park_sydney_3.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="388" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/erskineville_park_sydney_3.jpg?itok=q0VyQwko" width="580"></a>

Designed by WMK Architecture and Alexander &amp; CO, residences in Botany and Cascade offer large sliding doors, natural timber finishes and high ceilings. The timber composite panels express verticality, the project’s marketing reads, with angled feature balconies and concrete slabs offering exteriors with a strong sense of character. Upon completion of the project’s additional stages, Park Sydney is expected to comprise approximately 1,400 apartments. Park Sydney is one of Sydney’s largest urban renewal projects, with stage one including the development of 5,000 sqm of retail, including 1,600 sqm Woolworths Metro, plus future food, beverage and lifestyle retail.

<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/erskineville_park_sydney_2.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="322" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/erskineville_park_sydney_2.jpg?itok=OZr0Pxda" width="580"></a>

“Park Sydney’s first stage is an indicator of what is to come for this new community, which will revitalise this part of Erskineville and eventually provide homes for nearly 3,000 people”, said Greenland’s managing director, Sherwood Luo. Once the project’s future stages have been completed, Park Sydney will offer 10,000 sqm of retail amenities.
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The Erskineville development Park Sydney has seen its recently completed Botany and Cascade towers nearly sell out

urban.com.au

Park Sydney Erskineville nears first stage sellout as residents move in

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Melbourne's Southbank represents nearly 30 years of development which has transformed industrial land on the banks of the Yarra River into a thriving suburb and this shows no signs of abating anytime soon.

The next five years will see an even more dramatic transformation as Southbank not only reaches for the sky but sets its focus to the street and improving the quality of the pedestrian environment.

Significant developments such as some of Australia's tallest buildings in Australia 108 (319m) One Queensbridge Street and (323m) Southbank by Beulah (360m) will join Eureka Tower (297m) in producing a dramatic cluster of buildings.

<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/southbank_dev_overview_talls_aug18.jpg" rel="gallery-all" title="Southbank's tallest towers. L-R: Australia108, One Queensbridge, Southbank by Beulah"><img alt="" class="image-article-full-width-580px" height="309" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/southbank_dev_overview_talls_aug18.jpg?itok=BzZL6A5h" title="Southbank's tallest towers. L-R: Australia108, One Queensbridge, Southbank by Beulah" width="580"></a>

<figcaption>Southbank's tallest towers. L-R: Australia108, One Queensbridge, Southbank by Beulah</figcaption></figure>Tower's aside Southbank is also seeing increased investment in the public realm both from the private sector, and local and state governments.

As part of stage 1 of its Melbourne Square development, OSK Property will deliver a new 3,700 sqm sloping public park which will occupy more than 20 per cent of overall site. Upon completion Melbourne Square will comprise six towers including an office and hotel, Southbank's first full line supermarket, and childcare and health services.

<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/osk_property_melbourne_square_aerial_park_2_0.jpg" rel="gallery-all" title="Melbourne Square's sloping park. Image: OSK Property"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/osk_property_melbourne_square_aerial_park_2_0.jpg?itok=icEgt-Oh" title="Melbourne Square's sloping park. Image: OSK Property" width="580"></a>

<figcaption>Melbourne Square's sloping park. Image: OSK Property</figcaption></figure>The State Government's continued investment in the Southbank Arts Precinct will see $208 million committed towards the planning of stage 1 of a project that would see the development of NGV Contemporary on the former Carlton &amp; United Breweries headquarters site which the government purchased earlier this year.

A currently vacant site which hosts the Testing Ground pop-up at 1 City Road, will also become the home of a new hub for the precinct. 

The hub will house the Australia Performing Arts Gallery, an expanded Australian Music Vault, administrative, education and research facilities, and a new centre for small-to-medium and independent arts organisations.

18,000 square metres of new and expanded open space will be added to Southbank via an elevated park at the Southbank Boulevard end linking Princes Bridge down through the precinct to a new linear park on Southbank Boulevard.

<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/arm_shot_01_v11sm_0.jpg" rel="gallery-all" title="Southbank Arts Precinct transformation. Image: Urban Circus via ARM"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/arm_shot_01_v11sm_0.jpg?itok=EXPS1zlM" title="Southbank Arts Precinct transformation. Image: Urban Circus via ARM" width="580"></a>

<figcaption>Southbank Arts Precinct transformation. Image: Urban Circus via ARM</figcaption></figure>Other projects such as the City of Melbourne's Southbank Boulevard and Dodd Street transformation, coupled with the City Road Master Plan will add to the suburb's open space network which is currently lacking.

The Southbank Boulevard transformation project which will be undertaken in stages will create 2.5 hectares of new public open space on Southbank Boulevard and Dodds Street, with the first stage expected to take 18-months to complete.

Upon completion the project will provide Southbank, which is Melbourne’s most densely populated suburb with much needed public open space.

<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/southbank_boulevard_and_dodds_street.jpg" rel="gallery-all" title="Southbank Boulevard and Dodds Street will add much needed open space. Image: City of Melbourne"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/southbank_boulevard_and_dodds_street.jpg?itok=pp1gXPgv" title="Southbank Boulevard and Dodds Street will add much needed open space. Image: City of Melbourne" width="580"></a>

<figcaption>Southbank Boulevard and Dodds Street will add much needed open space. Image: City of Melbourne</figcaption></figure>A number of developments within the Fishermans Bend Urban Renewal Area are expanding the Southbank skyline westwards however, these projects will ultimately form the Montague Precinct in the future.

<h2>Planning Assessment</h2>

An overview of projects currently under planning assessment within Southbank:

<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/southbank_dev_overview_planning.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="328" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/southbank_dev_overview_planning.png?itok=OUfoQ0Yb" width="580"></a>

<figcaption> </figcaption></figure><h2>Approved </h2>

An overview of approved developments within Southbank:

<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/southbank_dev_overview_approved.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="301" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/southbank_dev_overview_approved.png?itok=q7uQpII4" width="580"></a>

<figcaption> </figcaption></figure><h2>Sales &amp; Registration</h2>

An overview of Southbank developments currently at Sales &amp; Registration:

<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/southbank_dev_overview_sales_and_registration.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="329" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/southbank_dev_overview_sales_and_registration.png?itok=AnFGi4-h" width="580"></a>

<figcaption> </figcaption></figure><h2>Under Construction</h2>

An overview of developments currently under construction within Southbank:

<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/southbank_dev_overview_construction.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="329" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/southbank_dev_overview_construction.png?itok=Qf0vHS5Q" width="580"></a>

<figcaption> </figcaption></figure>
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