SOUTHBANK > Queensbridge Tower > 276m / 80L / Resi

[Dash 222]

Thanks everyone!

[Dockside]

Originally Posted by Melb_aviator

Given the current job losses occurring in the Vic economy, even if it was trending upwards it may be a struggle to maintain it. Confidence will dictate the course the market takes in this sector.

When we start lossing tens of thousands of jobs thats when you start to worry, the media have done a good job in making people think that Vic is about to be sunk.

Victoria will just diversify its economy to fill the void of lost work, its happend before and it well happen again, and usually its for the better..

[Melb_aviator]

Originally Posted by Dockside

When we start lossing tens of thousands of jobs thats when you start to worry, the media have done a good job in making people think that Vic is about to be sunk.

Victoria will just diversify its economy to fill the void of lost work, its happend before and it well happen again, and usually its for the better..

Fair points raised but as the media actually sets the tone, there is an effect on the confidence of the population. This in turn drives further issues and often more jobs lost.

I agree about diversification but it is not an overnight process.

If confidence improves there will be a far more stable market to build from. Let's hope things start to brighten up.

[melbournee12]

Noticed they've got petitions going at fwp in the lobby, they sent a notice round to each room telling us to sign them. Seemed to be a few signatures.
Makes me laugh, people shit me.

[JamesinOz1]

It appears that Melbourne may be experiencing an economic downturn. If there's an apartment glut triggering a bust in the CBD there may be many holes in the ground for up to twenty years, unfortunately. I hope they'll force developers to beautify these potential holes in the ground should a bust happen. I think Melbourne's plans for the CBD to be a forrest of skyscrapers is great, however if history is anything to go by it's possible that things could get ugly for a while...literally. I hope I'm wrong however I remember the last time this happened twenty years ago.

[tower_dan]

resi towers rarely built until there is enough sales to warrant building... none fo the holes in teh ground will be there for 20 years.

[Dale]

FYI: I was in Australia in 1991, around the time of what Aussies were considering a full-on depression.

There were a few holes in the ground in Brisbane. None that I recall in Melbourne.

[Qantas743]

If you go by the media, Victoria is facing a recession and this would no doubt have a profound impact on building activity.

Also, less jobs = less people who have money to spend on new apartments.

[tower_dan]

the point he made was that there would be holes in teh ground from the failed projects. and my point was that apartments have a fall safe that they wont even start until majority are sold off. so they woudnt start excavtion then stall... offices are a bit different, but nowdays post GFC office towers also have mroe locked in pre commitment before they get going.

[The Collector]

We have learned from the mistakes of the past.
Nowadays, a resi tower needs to be majority pre-sold to get finance to get up and an office tower needs to be pre-leased to get finance to get up.

If construction has started, it is highly likely (about 95%) to be completed!

You might see some vacant sites, but not holes in the ground.

[Grollo]

http://www.residentswithoutrights.com.au/index.html

[Qantas743]

Oh lordy...

[MelbourneOnTheRise]

Originally Posted by Grollo

http://www.residentswithoutrights.com.au/index.html

Funny, I don't remember Melbourne being voted the world's most liveable city BEFORE the CBD and surrounds' urban renewal began on the back of high density apartment buildings!

It is the CBD's DENSITY of people and buildings that makes it so liveable. The ex-pat workers those livability rankings are written for are not talking about Cranbourne and Werribee when they rant and rave about how livable Melbourne is. They're talking about the CBD: skyscrapers, the metropolitan nexus of transport, employment, world-class education institutions, creativity and all. Not tumbleweeds on a farm.

[M0ST]

rant alert

but why don't FWP buy the land next door, like what that guy did in south yarra. the precedent set at VCAT (correct me if i'm wrong) was that this is not a planning issue (when one landowner compensates or contracts another landowner / body corporate not to build) so why not go down that road. no risk for schiavello (money for jam), resident's get to keep their privacy / views / sense of superiority, etc. and we get spared this ongoing hypocrisy and BS writ large. why don't the residents of FWP put their money where their mouth is ... not holding my breath mind. people complain about the nanny state, but at first sign of a negative outcome run crying to all and sundry who'll listen and start pointing the finger! dammit. and i was such a good mood after enjoying all of m12's photos too.

peace

[Carlton123]

Originally Posted by MelbourneOnTheRise

Funny, I don't remember Melbourne being voted the world's most liveable city BEFORE the CBD and surrounds' urban renewal began on the back of high density apartment buildings!

It is the CBD's DENSITY of people and buildings that makes it so liveable. The ex-pat workers those livability rankings are written for are not talking about Cranbourne and Werribee when they rant and rave about how livable Melbourne is. They're talking about the CBD: skyscrapers, the metropolitan nexus of transport, employment, world-class education institutions, creativity and all. Not tumbleweeds on a farm.

Actually they are taking into account Melbourne and it's suburbs as there are parts of them that are more livable than the CBD.

[motion]

can somebody check official papers what is happening with this, apparently this is now 192m

[MelbourneOnTheRise]

Originally Posted by Carlton123

Actually they are taking into account Melbourne and it's suburbs as there are parts of them that are more livable than the CBD.

Actually you're making that up to suit your monopolistic agenda. Its fine for you to buy an apartment in Prima/Pearl but as soon as someone else wants to buy a similar apartment nearby, suddenly its the end of the world.

[redbaron_012]

Just a quick read over that residents without rights poster ? If they say that buildings should be 24 mtrs apart........yet Freshwater Place tower is either on the boundary or close. So adjoining property can't have the same rights ?

[Carlton123]

Originally Posted by redbaron_012

Just a quick read over that residents without rights poster ? If they say that buildings should be 24 mtrs apart........yet Freshwater Place tower is either on the boundary or close. So adjoining property can't have the same rights ?

And rightly so if habitable rooms are built near each other. It doesn't have to be about views, it could be about access to the sunlight that they bought those apartments for.

[Tyson]

DDO38 states that there "should" be a 24 metre separation, it does not "require" 24 metres though. It mentions that developers can apply to reduce this separation if the Design Objectives are met.

Also in regards to sunlight it states that developments should ensure "adequate" solar penetration. Note that it does not say "maintain existing" solar penetration. Just what constitutes "adequate" is up for debate.

In any case trying to use the DDO38 as a case to reject the Queensbridge proposal doesn't seem like a solid argument considering the vague and unquantifiable objectives in that schedule.