LK Property Group

<html><body>
South Yarra has consistently been a hot spot for apartment development for some time, yet the suburb's Forrest Hill Precinct continues an unprecedented surge of large-scale planning applications which continue to land with City of Stonnington.

The latest to join the ranks is 37-41 Claremont Street with Artisan Architects last week submitting plans for a 31 level residential tower on behalf of LK Property Group. Sold by CBRE City Sales during June of this year, the 970sqm site will likely see 324 new apartments added toward the northern end of Forrest Hill Precinct.

Incidentally 37-41 Claremont Street is LK Property Group's third current foray into the South Yarra apartment market with Gisele at 300 Toorak Road under construction and the suburb's tallest proposal, <a href="https://www.urban.com.au/projects/capitol-grand-257-toorak-road-south-yarra">Capitol Grand</a>, at sales.

<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/12189526_1146896592007142_6297621148415691697_n.jpg" rel="gallery-all" title="Street level perspective of the proposed tower. Image courtesy Artisan Architects"><img alt="" class="image-article-full-width-580px" height="511" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/12189526_1146896592007142_6297621148415691697_n.jpg?itok=eRlu9feR" title="Street level perspective of the proposed tower. Image courtesy Artisan Architects" width="580"></a>

<figcaption>Street level perspective of the latest addition. Image courtesy Artisan Architects</figcaption></figure>The Forrest Hill tower will also accommodate 182 vehicles and 920sqm of commercial floor space within a building holding 36,546sqm of GFA, placing it among the precinct's largest. 37-41 Claremont Street is also another collaboration between architect and developer, following on from Opus Tower on City Road which has all but topped out.

<h2>Forrest Hill by the numbers</h2>

Currently the <a href="https://www.urban.com.au/developments?field_lga_tid=120&amp;items_per_page=10">Forrest Hill subcategory</a> within the Urban.com.au project database is holding 13 high-rise residential towers which are at various stages of the development cycle, with a combined yield of 3,010 apartments. Yarra House and Lucia are at the tail end of construction while Claremont Manor's floorplate is above ground. The remainder are at planning, approved or registrations &amp; sales.

The four most recent planning applications lodged with City of Stonnington do tell a story of a more adventurous Forrest Hill Precinct of late. 42-48 Claremont, 671 Chapel, 37-41 Claremont and 16-22 Claremont are all considerably taller than the average Forrest Hill build over the history of the renewal precinct, and account for 1,216 dwellings or 40% of all apartments currently monitored by Urban.com.au.

<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/syarra.jpg" rel="gallery-all" title="The most recent quartet looking for their place within Forrest Hill"><img alt="" class="image-article-full-width-580px" height="384" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/syarra.jpg?itok=G-_14HMy" title="The most recent quartet looking for their place within Forrest Hill" width="580"></a>

<figcaption>The most recent quartet looking for their place within Forrest Hill</figcaption></figure>The largest of all apartment developments within the precinct is yet to appear publicly. According to <a href="http://www.theaustralian.com.au/business/property/fridcorp-harry-goles-plan-apartment-towers-worth-800m-in-melbourne/story-fnko7zi0-1227439130820">The Australian</a>, Fridcorp's 627 Chapel Street will hold roughly 550 apartments in a $500 million mixed-use tower that will rival neighbour Capitol Grand at approximately 150 metres in height.

An overview of all current major apartment developments within South Yarra's Forrest Hill Precinct is seen below.

Lead image courtesy CBRE City Sales
</body></html>

silvermb

Forrest Hill's apartment numbers are big and getting bigger

<html><body>
A few short weeks ago, Urban.com.au highlighted South Yarra's steamrolling ability to continually accommodate new residential apartment projects.

Latest cab off the rank is Claremont Manor, which has seen a slew of new images and information released in preparation for sales. Although the display suite adjoining the site at 3-9 Claremont Street suite has yet to been completed, the project was highlighted as part of the Melbourne Property Expo Event held in Singapore over the weekend.

Described by lead architect Bird de la Coeur as two interlocking black and white towers that contrast against one another, the two buildings will host 318 apartments, commercial and retail spaces over 20 levels. The project is the latest from <a href="http://www.southlinkdevelopments.com.au/" target="_blank">Southlink Developments</a> and according to their website, represents the largest of the firm's current batch of projects.

<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/Image42_0.jpg" rel="gallery-all" title="Claremont Manor ground level. Image © Bird de la Coeur"><img alt="" class="image-article-full-width-580px" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image42_0.jpg?itok=jdtVhkuM" style="height:263px; width:580px" title="Claremont Manor ground level. Image © Bird de la Coeur"></a>

Claremont Manor may be the forefront at the queue of South Yarra apartment towers, but it's far from the largest. Earlier this year, 661 Chapel Street gained planning approval following ministerial intervention by Matthew Guy in conjunction with the Minister for Education.

First highlighted <a href="https://www.urban.com.au/news/take-it-either-way-661-chapel-street-planning-application" target="_blank">in May last year</a>, 661 Chapel Street's form has changed markedly from the initial design dual designs put forth for approval. Dual in that the initial application included a second altered design, which seeded part of the site to Melbourne High School for a potential five level mixed-use facility, which has since been seeking planning approval separately.

Subsequently 661 Chapel has grown in overall height to near on 94 metres while the tower's frontage to Chapel Street has decreased, presumably in an effort to maintain a similar built wall height of approximately 50 metres to neighbouring towers such as Avenue and Olsen Hotel. Controlled by developer Michael L Yates &amp; Co and created once more by Bird de la Coeur, the 261 apartment building is likely the prolific developer's next project due for release, following the success of <a href="https://www.urban.com.au/buildings/yarra-house-18-yarra-street-south-yarra" target="_blank">Yarra House</a> which is now under construction.

<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/Image41_4.jpg" rel="gallery-all" title="661 Chapel Street. Image © Bird de la Coeur"><img alt="" class="image-article-full-width-580px" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image41_4.jpg?itok=HWbAmLiO" style="height:826px; width:580px" title="661 Chapel Street. Image © Bird de la Coeur"></a>

Not to be outdone is LK Property Group, which according to varying media outlets is the new owner of the Fun Factory/Capitol Bakeries super site fronting Toorak Road and Chapel Street. Holding approval for a Bates Smart-designed 136 metre residential tower, it's uncertain if the developer will proceed with the rejigged 486-apartment giant seen below or pursue another scheme.

Based on the strong sales of LK Property's current notable residential projects, <a href="https://www.urban.com.au/buildings/gisele-300-toorak-road-south-yarra" target="_blank">Gisele</a> and <a href="https://www.urban.com.au/buildings/the-opus-tower-57-city-road-southbank" target="_blank">The Opus Tower</a>, it's not outlandish to suggest that after 25 years of failed attempts to develop the prime site, its time is nearly upon us.

<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/Image9_5_0.jpg" rel="gallery-all" title="241 Toorak Road. Image © Bates Smart"><img alt="" class="image-article-full-width-580px" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image9_5_0.jpg?itok=C8PI-z6x" style="height:241px; width:580px" title="241 Toorak Road. Image © Bates Smart"></a>
</body></html>

South Yarra residential towers keep coming

<html><body>
It was only a short few weeks ago that Urban.com.au highlighted the rolling application that was 57-61 City Road via <a href="https://www.urban.com.au/news/57-61-city-road-resubmitted-and-revisited" target="_blank">this article</a> and mused whether <a href="http://www.artisanarchitects.com.au/" target="_blank">Artisan Architects</a> would finally get one of their prolific high-rise portfolio off the drawing board and into Melbourne's skyline.

Evidently wheels were in motion with Melbourne City Council's approval of the amended planning application green lighted late February, whilst project developer <a href="http://www.lkproperty.com.au/index.php" target="_blank">LK Property Group</a> was quietly going about facilitating marketing and branding for what is now known as The Opus Tower.

<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-2-lrg.jpg" rel="gallery-all" title="The Opus Tower. Image © LK Property Group"><img alt="" class="image-article-full-width-580px" height="871" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img-2-lrg.jpg?itok=LapjE_e6" title="The Opus Tower. Image © LK Property Group" width="580"></a>

Revisiting Artisan Architects project description once more:

<blockquote>
The design of this new 37 level building of 246 Apartments and 144 carspaces was inspired by its context and its intended users.

Along with many ESD initiatives, the planning of this new tower also takes advantage of its long vista back to the Yarra River and Flinders Street Station.
</blockquote>

Gone is the initial awkward green, grey and white colour motif, replaced with a tower dominated by black and white horizontal bands and highlighted with a golden crown; a nod to neighbour Eureka Tower perhaps? It's impressive how a change of external colours can transform a project so markedly for the better.

<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-slide1-v4.jpg" rel="gallery-all" title="Southbank with The Opus in place. Image © LK Property Group "><img alt="" class="image-article-full-width-580px" height="412" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/img-slide1-v4.jpg?itok=M1Aun-gJ" title="Southbank with The Opus in place. Image © LK Property Group " width="580"></a>

Currently taking <a href="http://theopustower.com.au/" target="_blank">registrations of interest</a> prior to public release, the Opus Tower seeks to join a throng of projects jostling for position on Southbank. With uninterrupted views directly north and east owing to its location, the project is one of few on Southbank that can boast such a luxury (for the time being at least).

The Urban.com.au database shows The Opus Tower to be one of 24 high-rise residential projects ranging from planning application to under construction located within <a href="/council/melbourne/southbank" target="_blank">Southbank</a>.
</body></html>

LK Property Group

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

LK Property Group

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News