Super Tuesday

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Time to gaze into the crystal ball after <a href="https://www.urban.com.au/news/victorian-government-announces-suite-of-super-tuesday-approvals">yesterday's announcements concerning 'Super Tuesday'</a>; or the approval of five residential towers through inner Melbourne.

Reading over the press release, much could be derived from the short few paragraphs which were provided. Here's my interpretation:

<h2>Backyard Blitz</h2>

Yesterday's release made reference to Plan Melbourne and reformed residential zones which protect established suburbs from high rise development.

I can't help but think that the certain council's implementation of this policy has left a few noses out of place on a state level. Expect some further announcements on this topic in coming weeks.

<h2>Having a bender</h2>

<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/art-ipad2310fishermansBend_729-620x349.jpg" rel="gallery-all" title="Image courtesy of The Age."><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/art-ipad2310fishermansBend_729-620x349.jpg?itok=vbZuZ97W" title="Image courtesy of The Age." width="580"></a>

The first glimpse of justifying relaxed heights limits for Fishermans Bend may have been contained in yesterday's press release. "Melburnians have made it clear that they want their suburbs protected from high-rise apartment development. To achieve this we're delivering density in defined locations like Melbourne's CBD and Docklands - not in our quiet suburban streets."

Prediction: the above coupled with strong population growth will form the nucleus of the argument to relax height limits in Fishermans Bend. 40 level towers in four level zones may not eventuate, nor will they stay at 4 levels either.

<h2>Western World</h2>

<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/254444-cbd.jpg" rel="gallery-all" title="Image courtesy of the Herald Sun."><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/254444-cbd.jpg?itok=xqrFzwGp" title="Image courtesy of the Herald Sun." width="580"></a>

If one development epitomises the change in decision-makers stance toward high-rise living it just might be 420 Spencer Street. The best part of eight years ago a squat development was proposed for the site, drawing disgust from local residents. Fast forward to yesterday's announcement and a 38 level, 131 metre tower with 438 apartments gains approval.

It sets a precedent for projects such as <a href="https://www.urban.com.au/buildings/melbourne-village-377-spencer-street-west-melbourne" target="_blank">371 Spencer Street</a> nearby which are of a similar height. Will West Melbourne/Dudley become the next Southbank? Yes it will.

<h2>Super CBD</h2>

Unless it's proposed around the Parliament precinct, it'll likely to receive planning approval and at a substantial height. The suburbs are safeguarded but tall towers within Melbourne's CBD will become all the more common.

Good, bad or otherwise, the change and the rate at which it occurs for Melbourne's CBD over the next decade will be immense with at least a tripling of the number of 200 metre plus towers in the big smoke. Prediction: welcome to mega Melbourne.
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silvermb

Ramifications of 'Super Tuesday'

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The Victorian Government has declared today, Tuesday 25/02/14, "Super Tuesday" after the Planning Minister, Matthew Guy, has fast-tracked five residential projects for approval.

2000 apartments, half a billion dollars in total value and 4000 construction jobs are the numbers being touted in the Planning Minister's press release.

The projects which have been given approval are:

<a href="https://www.urban.com.au/buildings/eq-tower-127-abeckett-street-melbourne">127-141 A'Beckett Street</a>. 632 apartments, 63 levels, 196 metres high and a value of $132 million. This project is also known as EQ Tower, see <a href="https://www.urban.com.au/news/eq-tower-three-times-the-power">our report on this project</a> from last week.

<img alt="" src="/sites/urbanmelbourne.info/files/pictures/article-images/Image31_0_0.jpg" style="width: 846px; height: 1714px;">

<a href="https://www.urban.com.au/projects/collins-house-melbourne-466-collins-street-melbourne">464 Collins Street</a>. 185 apartments, 55 levels, 181 metres high and a value of $100 million. See our previous <a href="https://www.urban.com.au/news/the-pencil-skyscraper-464-collins-street-in-depth">planning application report</a>.

<img alt="" src="/sites/urbanmelbourne.info/files/pictures/article-images/464collins.jpg" style="width: 962px; height: 810px;">

<a href="https://www.urban.com.au/buildings/empire-melbourne-398-elizabeth-street-melbourne">398 Elizabeth Street</a>. 466 apartments, 55 levels, 178 metres high and a value of $135 million. See our <a href="https://www.urban.com.au/news/planning-application-398-elizabeth-street">planning application report</a> from September last year.

<img alt="" src="http://img.acianetmedia.com/i/inh0u.png" style="width: 246px; height: 593px;">

<a href="https://www.urban.com.au/projects/elm-stone-387-docklands-drive-docklands">395 Docklands Drive</a>. 360 apartments, 18 levels, 61 metres high and a value of $88 million.

<img alt="" src="/sites/urbanmelbourne.info/files/project-renders/Image6_4.jpg" style="width: 700px; height: 402px;">

<a href="https://www.urban.com.au/new-apartments/420-spencer-street-west-melbourne">420 Spencer Street</a>. 438 apartments, 38 levels, 131 metres high and a value of $70 million.

<a href="https://www.urban.com.au/expert-insights/buying/ramifications-of-super-tuesday">Read our follow-up piece on the ramifications of Super Tuesday.</a>

Media release in full:

<a href="http://www.scribd.com/doc/208994755/5-Projects-approved-dubbed-Super-Tuesday" style="text-decoration: underline;" title='View 5 Projects approved, dubbed "Super Tuesday" on Scribd'>5 Projects approved, dubbed "Super Tuesday"</a>

<iframe class="scribd_iframe_embed" data-aspect-ratio="undefined" data-auto-height="false" frameborder="0" height="600" id="doc_59633" scrolling="no" src="//www.scribd.com/embeds/208994755/content?start_page=1&amp;view_mode=scroll&amp;show_recommendations=true" width="100%"></iframe>
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Super Tuesday

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