Melbourne boom rundown

[Sky_Is_The_Limit]

Wtf how is Sydney at the peak?

I'd like to read the associated report if you have it on hand?

[tayser]

Originally Posted by SoulvisionQ1

As I posted earlier on this thread, which mysteriously disappeared, I would not be surprised if a lot of these projects do not come about. Melbourne is currently at 1 o'clock on the property cycle and clearly has a ridiculous amount of supply at the moment.

commercial or residential?

posting a diagram with nothing else is pretty pointless.

[ChrisJudd83]

I assume he meant commercial since the words "property cycle" were used which i guess would be right considering what's being reported on the massive over supply. Melbourne office market seems to be doing alright based on all that space that has been leased.Hard to tell whether Melbourne is on an upswing or has peaked in the commercial market as alot of it is dependant on the global market. How much space is remaining in Docklands and how much hasn't been committed to?

[NoshowwithoutPunch]

Originally Posted by ChrisJudd83

I assume he meant commercial since the words "property cycle" were used which i guess would be right considering what's being reported on the massive over supply. Melbourne office market seems to be doing alright based on all that space that has been leased.Hard to tell whether Melbourne is on an upswing or has peaked in the commercial market as alot of it is dependant on the global market. How much space is remaining in Docklands and how much hasn't been committed to?

Im not worried if the market passes time doing only resi near or in the hoddle grid. There are still so many sites available and now plenty of new areas for commercial development when the upswing comes. Fisho, Docklands, Southbank, South Wharf, Egate, Dynon corridors, plus the hoddle grid cbd.

A mixture of resi and commercial in all areas is healthy in the long run.

[Fabian]

Originally Posted by ChrisJudd83

I assume he meant commercial since the words "property cycle" were used which i guess would be right considering what's being reported on the massive over supply. Melbourne office market seems to be doing alright based on all that space that has been leased.Hard to tell whether Melbourne is on an upswing or has peaked in the commercial market as alot of it is dependant on the global market. How much space is remaining in Docklands and how much hasn't been committed to?

I'd say the same too. The Sydney Morning Herald today (14/4/2012) does mention that new supply in Sydney is limited with not much supply set to enter the market. It wont be until the first of the Barangaroo Towers is completed that new supply will be available. This has happened because no buildings have come on the market. It is not helped either by the fact a number of existing buildings are undergoing significant upgrades or redevelopment.

[CULWULLA]

todays AFR



Shrinking city’s new skyline
New technology and architectural vision is allowing “pencil towers” to appear across the Melbourne skyline, with more tall buildings

[CULWULLA]

gee im good to you guys.

image hosted on flickr

[invincible]

I don't need to tell you again about putting links back to flickr...

Anyway the tower there is Habitat (58 Clarke St) - http://www.skyscrapercity.com/showthread.php?t=1225759

[CULWULLA]

you dont need to tell me ffs!
^not when its your OWN photo.(only the flickr link is required) as shown above photo.
ONLY when its a borrowed photo.you require the origin link. .
you should know that. i thought jan cleared that up? hope i dont need to tell you again.
sheesh

[crawf]

Originally Posted by CULWULLA

you dont need to tell me ffs!
^not when its your OWN photo.(only the flickr link is required) as shown above photo.
ONLY when its a borrowed photo.you require the origin link. .
you should know that. i thought jan cleared that up? hope i dont need to tell you again.
sheesh

It's not the end of the world to simply click share > copy > paste.

[JamesinOz1]

Originally Posted by SoulvisionQ1

As I posted earlier on this thread, which mysteriously disappeared, I would not be surprised if a lot of these projects do not come about. Melbourne is currently at 1 o'clock on the property cycle and clearly has a ridiculous amount of supply at the moment.

I really love all the new highrise going up in Melbourne, and it will make a big, dynamic metropolis even more urbane, however I really can see an oversupply problem looming on the horizon, which could trigger a downturn in the apartment market once all the projects are completed by 2015. Most Aussies still prefer the 'burbs, and a duplex is their idea of high-density, so I wonder if the demand exists for all of these projects? I really hope they're all a big success and all sell-out off the plan.

[dockman]

From Mischk. Because this is awesome.

Originally Posted by Mischk

Not sure if this has been posted previously...

[aussiescraperman]

iRobot interior anyone? that's so cool!

[Mischk]

If anyone is interested there are some more great videos on that users vimeo account. I know the one for collins square has been previously posted but is well worth the watch if you haven't watched it already.

There are also about 20 other fantastic videos, i've put the direct link to the users video list below for anyone interested.

http://vimeo.com/floodslicer/videos

[tayser]

more land to be released

Originally Posted by MOTR

I'm not 100% sure whether this should go in the Fishermans Bend thread or the Port Phillip one, but I'd argue that this is the first stage of FBend so belongs here more than in 'Port Melbourne' or South for that matter. Regardless, very exciting to see FBend rocketing along to start of construction and the skyline expanded towards the bay...For reference this is a Google map highlighting the site described in the below article (Basically all the industrial land surrounding both sides of the North Port light rail station just south of the Port Junction interchange bw the 109 and 96 trams):

http://goo.gl/maps/XRRn

Unfortunately it ends short at city Road. Hopefully this can be expanded through to South Melbourne market and the land appropriate for urban renewal heading back towards Domain (obviously just industrial sites excluding the established residential lots)

http://melbourne-leader.whereilive.c...uburb-planned/

Suburb of Montague planned for Port Phillip

THERE are plans for a new suburb - called Montague - near Port Melbourne.

The Leader believes details of the new suburb were announced to council officials at the Port Melbourne Town Hall at 10am today.

The suburb is believed to be bounded by Governor, Munro, Ingles and Evans streets, Boundary Rd, Garton St, City Rd, the Port Melbourne light rail and the freeway.

> > What do you think of the plan for a new suburb? Tell us below

Port Phillip Council officers and the State Government have been in secret talks about a new suburb to accommodate the area’s skyrocketing population.

But the planned new suburb of Montague, in the Fisherman’s Bend area, will strain education services in the region, according to a newly formed community group.

Two Schools Now spokeswoman Bernadene Voss said the proposed 16,000 high-density housing complex will add to strain on existing schools in Port Melbourne and Albert Park.

“We are already at crisis point,” Ms Voss said.

“Adding another 25,000 people in the Montague precinct without extra schools and child care services will make an already difficult situation much worse.”

Ms Voss is the director of the Port Melbourne Family and Children’s Centre, which is being forced to close to accommodate the growth in enrolments at Port Melbourne Primary School.

Mayor Rachel Powning said the new suburb would be of “great benefit” to the community.

Read more in next week’s Leader.




___________________________________


Hun's now picked up the Montague story...

http://www.heraldsun.com.au/ipad/cha...-1226388103823

AN elevated parkland stretching from Southbank to Port Melbourne's station pier will be the jewel of the newest proposed high-rise inner-city suburb.

Under Port Phillip Council's structure plan, Montague, which will sit between the boundaries of South Melbourne, Port Melbourne and Albert Park, will be given a New York makeover, complete with an "elevated green corridor" modelled on the Big Apple's hugely popular high-line park.

Exclusive pictures provided to the Herald Sun reveal the council's plans to create 25,000 homes and an extra 14,000 jobs in the industrial hot spot.

Port Phillip Mayor Rachel Powning said work on the proposed development could start as early as 2016, once community consultation and the rezoning process had been undertaken.

"This is a good model for a high-density city," she said.

"What we're driven by is providing that good connectivity to the CBD and as much green space as we possibly can, and making it a place where people can live and work."

Cr Powning said the high-line park would be 5-6m above road level, and run from the CBD to the Port Melbourne foreshore next to the existing light rail.

The development would also include a northern and southern neighbourhood, community hub and city road corridor.

"The vision will be that people could walk through the high line and see the CBD at one end and see the foreshore at the other," Cr Powning said.

Cr Powning said projected costings for the plan were unavailable at this stage.

Planning Minister Matthew Guy said yesterday the State Government had not yet committed any funding to the development.

The 50ha project would be adjacent to Fishermans Bend, a 260ha development to which the State Government had already committed.

[img]http://oi49.************/35k4kgm.jpg[/img]

[NoshowwithoutPunch]

All good except the light rail, which is ruined by the squiggle between cbd and port junction. It takes ten minutes from pj to bourke and spencer, it used to take two minutes to fss pre 88.

They need to sort out tram priority and stop the crap at clarendon and at flinders.

[MelbourneOnTheRise]

Originally Posted by NoshowwithoutPunch

All good except the light rail, which is ruined by the squiggle between cbd and port junction. It takes ten minutes from pj to bourke and spencer, it used to take two minutes to fss pre 88.

They need to sort out tram priority and stop the crap at clarendon and at flinders.

To sort that slow corner out why not build a Vancouver-skytrain style viaduct deviating from SXS to Port Junction descending onto the existing tracks to Port Melbourne.

[The Collector]

Hi melbournee12,

Some updates for your thread on page 1:



New proposal (above): 441-447 Elizabeth Street > Residentail / 50L




Lol, the big one you left out (above): 318 Russell St / Abode 318 > 188m / 57L / Resi now U/C


The Vic is now U/C


587-589 Elizabeth Street is now U/C


568 Collins Street > 67L / Resi / 218m, demolition now complete.


[img]http://oi50.************/2wq8htt.jpg[/img]
Image from silvermb

Parkville (above) - Peter Doherty Institute is now U/C

[melbournee12]

Thanks mate, will get on that soon.

[The Collector]

Another one:

Originally Posted by Eastern37

Docklands critic has designs on a new cityscape
Jason Dowling
July 4, 2012




The proposed tower at Docklands.
DOCKLANDS' most outspoken critic has put his money where his mouth is and will spend more than $200 million as the major tenant in a new environmentally friendly office tower he hopes will make his staff happier and help improve the often-maligned precinct.

Ten months ago, Medibank Private managing director George Savvides made headlines when he savaged Docklands for a lack of open space, public transport services, charisma and soul.

''No trees, no birds, no grass, a lack of community but a plethora of structures,'' he said.

Advertisement: Story continues below
''What happened to the designers at VicUrban? Where did the creative people go? Did they get locked up in that tree museum that Joni Mitchell sang about referring to the 1960s LA concrete jungle?''

But instead of moving, Medibank will invest more than $200 million as major tenant in a new 16-level Cbus Property building at 720 Bourke Street, between Southern Cross Station and Etihad Stadium.

The office tower will come with an adjoining park and greenery growing on the facade of the building - to try to diminish the concrete jungle feel often associated with the area.

''We have been critical, so we thought, 'What can we do that is new, what can Medibank do to contribute to the issue around green space and soul?' So we have done a few things. We have actually put a park on the site and then we are going to put the building on top of it on stilts,'' he said.

''We are putting our design where our mouth is and that amenity will be available to other people who work in the Docklands as well, the public and also our staff.

''The other thing we are going to do is develop our vertical landscape, which is quite prolific in London and other places, where you can grow greenery vertically, and the building will have that design incorporated,'' Mr Savvides said.

''So you are not going to see a sterile concrete and steel thing, you are actually going to see something that looks alive.''

Asked if the area had changed much since his stinging criticisms, Mr Savvides said: ''Not enough.''

He added that other large businesses had to take a more balanced approach to their investments in Docklands with better design and not just steel and concrete.

Community attractions are slowly being added to Docklands more than a decade after development began.

Work will begin this month on a $20 million library and community centre for the precinct and a community garden has also been planted.