Leighton Properties

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A group of former Leighton Properties executives have launched a new Sydney-based development company.
The company, to be known as Avenor, will focus on the development of large residential / mixed-use precincts and institutional grade commercial office projects in Australia’s major capital cities in partnership with domestic and international capital partners.
Peter Clemesha, Stephen Rayleigh and James Paver were executives with Leighton and they have also brought over other former-Leighton Properties employees Nathan Andersen (Queensland development director), Richard Bradley (head of project management), Kelvin Steel (health projects) and Andrew Coward (head of strategy and corporate affairs).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/14/Photo_2.jpg" alt="">
The company’s founding partners have previous experience developing many projects across Australia, including the Chifley Tower and 135 King Street in Sydney, 177 Pacific Highway, North Sydney, Eclipse Tower and One Parramatta Square (‘1PSQ’) in Parramatta, ‘Erko’ in Erskineville and the ‘Aqua’ residential tower in Bondi Junction.
Clemesha said that Avenor is taking an active approach to securing new development projects.
“We are excited to be involved in these major projects and look forward to developing long-term ongoing relationships with new and existing capital partners on further development acquisitions we are currently pursuing,” he said.
“Avenor is uniquely placed to draw upon our wide depth of experience delivering tenant-led commercial developments and large, complex residential precincts for a number of different property groups.
“Our intention is to leverage our highly skilled team’s combined experience, in order to become a major tier- one developer with national presence.
“We’re actively working with our capital partners and will be focussing on delivering enhanced returns whilst still maintaining a diligent approach to risk management, design and project delivery.”
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j.ballantyne1990-6AQqhLzZaK

New development firm launched by former Leighton executives

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Wind back to mid last year and it was announced that The Uniting Church would team with Leighton Properties to deliver a new premium office tower opposite Wesley Church on Lonsdale Street, while also hoping to restore the church's place and identity in the heart of Melbourne. Referred to as the Wesley Upper Lonsdale Street site, a planning application for a premium office tower was submitted during January 2015, and is still under assessment.

<blockquote>
The Request for Proposal document made clear to prospective project partners that any development on the site needed to place a high emphasis on building relationships between people and to foster community relationships. It also outlined the need to restore and, where possible, enhance, the historic buildings while respecting the original custodians.
<cite>Crosslight, Uniting Church</cite>
</blockquote>

To that end Cox Architecture were engaged to create a development capable of fulfilling the above requirement, while also delivering a high-end office tower encompassing 55,000sqm of premium space.

<h2>118-148 Lonsdale Street application highlights</h2>

<ul>
<li>Site area: 7,400sqm</li>
	<li>Stables, onsite factory and the Princess Mary Club to be demolished; other structures retained</li>
	<li>33 level commercial tower at 144.55 to its highest point</li>
	<li>55,000sqm of premium commercial space included</li>
	<li>Concave floor plates ranging between 1,700sqm and 2,100sqm</li>
	<li>End of trip facilities for 367 bicycle spaces included</li>
	<li>Level 3-4 car park accommodating 127 vehicles</li>
	<li>1,400sqm of retail and food/beverage space over nine ground floor tenancies</li>
	<li>Series of public realm spaces created around Wesley Place</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/image220_0.jpg" rel="gallery-all" title="Artist's impression of the new commercial building. Image courtesy Cox Architecture"><img alt="" class="image-article-full-width-580px" height="1081" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image220_0.jpg?itok=ZlpsQCkY" title="Artist's impression of the new commercial building. Image courtesy Cox Architecture" width="580"></a>

<figcaption>Artist's impression of the new commercial building. Image courtesy Cox Architecture</figcaption></figure><h2>The challenge at hand</h2>

<blockquote>
While the heritage buildings appear to retain their overall integrity from a distance (with the exception of the very dilapidated Princess Mary Club) the situation is one of buildings much in need of maintenance. The site also provides a low level of amenity due to the car parking operations – the present-day setting for the Church is within a poorly arranged at-grade car park. This is inconsistent with the cultural heritage importance of the place.

A key challenge for the site is that the current buildings, and their condition, do not allow for a viable ongoing use of the site. Whilst a number of the current buildings are being used by the Wesley Church, it is far from optimum and would not be able to continue long term. Also the current use cannot fund the prohibitively expensive repair and restoration work required for the existing buildings on site.

Two of the buildings on site have been identified as reaching the point where they cannot be occupied for safety reasons, being the Princess Mary Club and Wesley House.

The nature and condition of the current buildings, and the impact of the existing car park use on the site constrain the activities of the Wesley Church, and have resulted in the Wesley Mission having to move off site.
<cite>118-148 Lonsdale Street planning report</cite>
</blockquote>

<h2>Wesley Place: new urban realm</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/image219.jpg" rel="gallery-all" title="Wesley Park. Image courtesy Cox Architecture"><img alt="" class="image-article-full-width-580px" height="465" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image219.jpg?itok=hjA_zH71" title="Wesley Park. Image courtesy Cox Architecture" width="580"></a>

<figcaption>Wesley Park. Image courtesy Cox Architecture</figcaption></figure>In line with The Uniting Church's wishes as outlined above, ground level activation plays a pronounced role in the redevelopment, in that the original structures and uses are to be melded with new facilities in order to increase public utilisation of the site.

In this regard the AECOM acting as landscape consultant have created three separate areas within the grounds which carry differing characteristics:

<ul>
<li>The event and meeting place, addressing Lonsdale Street and forms the setting for the Church</li>
	<li>The Sanctuaries at either site of the Church building</li>
	<li>The city meeting place and retail food courtyard, featuring the cloister yard olive tree.</li>
</ul>
The 'event and meeting place' will see the bulk of foot traffic access the site while the central 'sanctuary' will act as a subdued area either side of Wesley Church. The northern section of the site will be dedicated toward the 'city meeting place' with existing structures adapted into cafes with outdoor seating.

Running north south, Wesley Place will provide a link between Lonsdale and Little Lonsdale with 2,262sqm of the site dedicated to open space. Included in this figure is the 190sqm Wesley Park, 920sqm Northern Plaza and 770sqm Southern Church Forecourt area.

<h2>Closer than ever?</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/image221.jpg" rel="gallery-all" title="Previous incarnations. Images courtesy studio505 and Leighton"><img alt="" class="image-article-full-width-580px" height="247" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image221.jpg?itok=AthH-xNq" title="Previous incarnations. Images courtesy studio505 and Leighton" width="580"></a>

<figcaption>Previous incarnations. Images courtesy studio505 and Leighton</figcaption></figure>The Wesley Church site has over previous decades been subject to differing development schemes, with a number of towers put forward with no great success.

One such scheme was conceived by studio505 who along with project partner Grocon submitted plans for a similarly sized office complex to that of the current design. Under the title ‘Wesley Village’, the development would have also seen the delivery of a new urban space separating new and old structures while also creating "Truly magnificent, sophisticated and elegant architecture that inspires."

While the studio505 design would have brought a visual focal point to Lonsdale Street via its streaky podium, the current Cox Architecture design has taken an opposing path by paring back its initial offering. In perhaps a more respectful nod to the existing church, gone is the diagonal white bracing and crumpled podium features, replaced by more subdued finishes.

With the swirl of speculation surrounding the <a href="http://www.afr.com/real-estate/relaunched-leighton-properties-sale-pays-dividends-20150318-1m1osl">sale of Leighton Properties</a> in recent months, it remains to be seen if and when the tie-up between Leighton Properties and The Uniting Church will lead to the delivery of this long sought after development.

<h2>118-148 Lonsdale Street planning team</h2>

<ul>
<li>Developer: Leighton Properties</li>
	<li>Architect &amp; Urban Context: Cox Architecture</li>
	<li>Planning: Urbis</li>
	<li>Heritage Consultant: Lovell Chen</li>
	<li>Landscape, ESD &amp; Public Realm: AECOM</li>
	<li>​Traffic Engineer: Traffix Group</li>
	<li>Wind Assessment: Mel Consultants</li>
	<li>Waste: Leigh Design</li>
	<li>Quantity Surveyor: RLB</li>
	<li>Building Surveyor: Gardiner Group</li>
</ul>
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silvermb

Wesley Place seeks to bring new life to Lonsdale Street

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Leighton Properties Managing Director Mr Mark Gray described the purchase of Moonee Ponds' Readings site as "Consistent with Leighton Properties strategy to focus on inner ring urban renewal sites which are in prime locations, close to transport links, retail and places of work." Sixteen months later and the boom site covering more than 13,300sqm is for sale with JLL and CBRE jointly offering what was formerly home to the Moonee Ponds Market.

With six street frontages and high expectations for a landmark urban renewal development, Leighton Properties and joint venture partner Qualitas snapped up the vacant land for $23 million.  During their October 2013 announcement, it was stated via Leighton Properties' website that the staged development would likely provide in excess of 800 apartments and 2,000sqm of retail, with an end value near on $450 million.

<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/image3_1.jpg" rel="gallery-all" title="40 Hall Street which is at planning. Image courtesy Plus Architecture"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image3_1.jpg?itok=7_PNdJ_R" title="40 Hall Street which is at planning. Image courtesy Plus Architecture" width="580"></a>

<figcaption>40 Hall Street which is at planning. Image courtesy Plus Architecture</figcaption></figure>Seen above is the design for the sole plot of the sprawling site which the joint partners advanced to planning assessment with City of Moonee Valley. <a href="https://www.urban.com.au/news/leighton-initiate-the-readings-moonee-ponds-transformation">Covered first</a> by Urban.com.au during October 2014, the residential tower would have 162 apartments within its 15 levels and include retail outlets fronting Hall Street.  Along with associated landscaping and provision for a pedestrian link the scheme would cover 2,388sqm or over 17% of the total development area.

Plus Architecture are responsible for the initial planning application, and it's more than likely that they too are responsible for indicative scheme seen below.  Accompanying online sales information are a number of high quality concept images designed to provide context for prospective developers; 1200 apartments within seven buildings is the nominated site outcome.

<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/main_2.jpg" rel="gallery-all" title="An indicative outcome. Image courtesy JLL"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/main_2.jpg?itok=sz_VSiy-" title="An indicative outcome. Image courtesy JLL" width="580"></a>

<figcaption>An indicative outcome. Image courtesy JLL</figcaption></figure>Two residential towers in excess of 20 levels headline the concept scheme, followed by the at planning <a href="https://www.urban.com.au/buildings/hall-st-40-hall-street-moonee-ponds">40 Hall Street</a> and a number of smaller towers thereafter.  Included within the scheme is the envisaged north-south pedestrian link/public open space which City of Moonee Valley had requested, in addition to a number of other key site criteria that have been sent to the Minister for Planning for approval within site specific Development Plan Overlay.

<blockquote>
In September Council asked the Minister for Planning to approve and include in the Moonee Valley Planning Scheme a Development Plan Overlay for the site. We are currently still awaiting approval.

<cite>City of Moonee Valley, January 2015</cite>
</blockquote>

As to the motivations for Leighton/Qualitas offloading this prized site with a staged delivery timeframe most likely over a decade? According to <a href="http://www.afr.com/p/business/property/walker_corporation_runs_ruler_over_RZtUxZONt76pNLVgF5NUhO">this AFR article</a> Leighton Propeties as an entity is for sale after its parent company (Germany's Hochtief) refused to provide rental guarantees to support some projects in its development pipeline.  Leighton's Properties thereafter began offloading a number of future development sites with the Moonee Ponds Market site set to be the latest.

Nonetheless opportunity has arisen for a developer to assume the reigns over one of Melbourne's blue-chip development sites.

<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/image2_3.jpg" rel="gallery-all" title="Hero perspective of the eastern portion of the site. Image courtesy JLL"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2_3.jpg?itok=IKxeuJ_h" title="Hero perspective of the eastern portion of the site. Image courtesy JLL" width="580"></a>

<figcaption>Hero perspective of the eastern portion of the site. Image courtesy JLL</figcaption></figure>
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Leighton seeks to offload their Moonee Ponds super site

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With a total site area of 13,390sqm in their keeping, Leighton Properties have chosen to divide the prized Readings Moonee Ponds site into separate development parcels, the first of which has recently been lodged with City of Moonee Valley. Highlighted by Urban.com.au during May 2013, the then sales campaign included an <a href="https://www.urban.com.au/news/finally-readings-moonee-ponds-for-sale">indicative development scheme of 30 levels</a>.

Subsequently parent company Leighton Holdings was revealed as the buyer and approximately a year later have presented in conjunction with project partner Qualitas a planning submission with the intent of delivering a substantial apartment project.

<h2>Application summary</h2>

<ul>
<li>Stage 1 development: 40 Hall Street, Moonee Ponds</li>
	<li>Current site use: at grade car park (formerly Moonee Ponds Market)</li>
	<li>Application for development lodged September 2014</li>
	<li>15 levels @ 49.2 metres</li>
	<li>Site area: 2,388sqm</li>
	<li>162 apartments (1/2 bedroom) &amp; 2 retail tenancies over 437sqm</li>
	<li>137 car spaces &amp; 70 bicycle spaces</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/image3hall.jpg" rel="gallery-all" title="Artist's impression of 40 Hall Street . Image © Plus"><img alt="" class="image-article-full-width-580px" height="773" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image3hall.jpg?itok=1hqoX-oL" title="Artist's impression of 40 Hall Street. Image © Plus" width="580"></a>

<figcaption>Artist's impression of 40 Hall Street . Image © Plus</figcaption></figure><h2>Design impetus</h2>

Plus Architecture have employed a gentle undulating facade over the tower with a variety of materials on display. Differing glaze colours are joined by metal cladding, masonry and applied finishes (assumed precast) to create the external look.

<blockquote>
The articulation of the building envelope is both unifying and highly adaptive. The design presents a singular bold expression to Hall Street, providing the relatively short building the required gravitas to anchor the future precinct in a clear and calm manner .

The design considerations have resulted in a unique and contemporary design response that will contribute significantly to this streetscape and the overall centre. The development displays a high amount of glazing, including a mixture of tinted glazing and glass balustrades. The proposal will incorporate quality materials and finishes, including a mix of applied light and dark colours to respond to the highly innovative architectural design of the overall building.
<cite>Plus Architecture: planning application design statement</cite>
</blockquote>

<h2>Communal focus</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/image8.jpg" rel="gallery-all" title="Expected ground level layout. Image © Oculus"><img alt="" class="image-article-full-width-580px" height="481" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image8.jpg?itok=eECzrxOl" title="Expected ground level layout. Image © Oculus" width="580"></a>

<figcaption>Expected ground level thoroughfare. Image © Oculus</figcaption></figure>Consisting of recycled brick and concrete pavers, 40 Hall Street seeks a new north-south pedestrian link with a likely future extension through to Homer Street. Beyond ground, a 482sqm resident's communal garden is included over the mezzanine level whilst level 5 also carries a communal terrace complete with mature trees.

A 147sqm roof garden is proposed to supplement the indoor/outdoor rooftop communal terrace area. Included is a kitchen, dining area and lounge space whilst the external area holds a BBQ and dining/entertaining space. It's envisaged an easily reconfigured terrace could also hold an outdoor cinema with the CBD as a backdrop.

<h2>One of many</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/image2_0.jpg" rel="gallery-all" title="Readings overview with 40 Hall Street in red. Image courtesy Urbis planning report"><img alt="" class="image-article-full-width-580px" height="371" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image2_0.jpg?itok=wM5hu9tv" title="Readings overview with 40 Hall Street in red. Image courtesy Urbis planning report" width="580"></a>

<figcaption>Readings overview with 40 Hall Street in red. Image © Urbis</figcaption></figure>Prior to 40 Hall Street's submission, City of Moonee Valley had indicated that 17 levels was an appropriate outcome of the Readings site. With scope for an additional four or five apartment towers onsite and the nearby Moonee Valley Racecourse seeking 25 level towers as part of its redevelopment, it remains to be seen whether Leighton will push for future towers in the 25-30 level vicinity.

In the wider context Urbis' 40 Hall Street planning report states "Moonee Ponds is expected to undergo a shift in character to a taller, higher density precinct. There are also a number of new developments under construction or approved in the wider area." Indeed Moonee Ponds continues on an upward trajectory in terms of apartment development.

Currently three separate apartment buildings fronting Moore Street are under construction whilst The Montgomery and MOPO are both at sales, yielding a combined 178 apartments. Other projects currently of note within the Moonee Ponds Activity Centre include the 10 level 6-14 Young Street and Moloney Group's 33 Hall Street at 14 levels.

<h2>40 Hall Street development team</h2>

<ul>
<li>Developer: Leighton Properties / Qualitas</li>
	<li>Architect: Plus Architecture</li>
	<li>Planning: Urbis</li>
	<li>Transport: GTA Consultants</li>
	<li>Landscape: Oculus</li>
	<li>Sustainability: Lucid Consulting Australia</li>
	<li>Waste Management: Leigh Design</li>
</ul>
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Leighton initiate the Readings Moonee Ponds transformation

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Assorted media were on hand yesterday to witness Melbourne Lord Major Robert Doyle preside over the official topping out 567 Collins Street, located in the CBD's west end. In reaching its high point during the construction process, 567 Collins Street has achieved the feat near on two years after initial construction had begun.

Also on hand were developer Leighton Properties’ National Head of Commercial Andrew Borger, Michael Loterzo Building Division Manager Leighton Contractors and Peter Menegazzo Fund Manager Investa Commercial Property, who spoke on varying aspects of what is Melbourne's newest Premium Grade office accommodation project.

<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/img_1072.jpg" rel="gallery-all" title="Dignitaries pose for a photo moment"><img alt="" class="image-article-full-width-580px" height="357" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img_1072.jpg?itok=YDjGZ9OT" title="Dignitaries pose for a photo moment" width="580"></a>

<figcaption>Dignitaries during a photo moment</figcaption></figure>At 26 levels, 567 Collins Street will add an additional 50,000 sqm of commercial floor space to the Melbourne market, with 75% of space now leased. Utilities provider Jemena has joined key anchor tenants Corrs Chambers Westgarth and Leighton Contractors, with Melbourne’s second Virgin Active Health Club spread over levels 1 and 2.

<blockquote>
The building’s end-of-trip facilities encourage a balanced, healthy lifestyle. It’s a design philosophy that provides tenants with a unique workplace culture, offering openness, transparency and a communal approach to business.
<cite><a href="http://567collins.com.au/lifestyle/">567 Collins Street website</a></cite>
</blockquote>

Known as ‘the GRID,’ lower level facilities will pay homage to Melbourne's laneway culture, housing a mixture of cafes, restaurants and convenience retail spread over the 3,942 sqm site footprint. A split 2-3 level high foyer will welcome pedestrians in a grand entrance fronting Collins Street.

<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/img_1291.jpg" rel="gallery-all" title="The current state of play"><img alt="" class="image-article-full-width-580px" height="870" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img_1291.jpg?itok=Gd02seSf" title="The current state of play" width="580"></a>

<figcaption>The current state of works</figcaption></figure>With the site remaining vacant for many years a handful of development proposals had come and gone over time, ranging from a Bruce Henderson-designed office tower to a stand-alone Spowers design for a substantial office complex. Ultimately Spowers and Cox teamed to produce the striking, currently under construction, design.

Defined by its royal blue facade and 'fractured' design feature splitting the height of the northern facade, 567 Collins Street is also pursuing an environmentally friendly standard that has seen the development registered to target a 5 Star Green Star – Office Design v3 rating with the Green Building Council of Australia. Employed are the latest technology surrounding minimal water usage, improved indoor air quality and efficiency and the promotion of sustainable transport initiatives.

In reaching its peak 567 Collins Street still has quite a distance to the construction finish line with the 567 Collin street website nominating August 2015 as the point where the tower will be completed and tenant ready.

See below a brief chronology of 567 Collins Street, from early uses to construction to the latest project renders.
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