Minister greenlights 900 new apartments for Collins Wharf
The final three towers forming part of Lendlease’s Collins Wharf precinct have been approved, with the developer set to deliver a total of six residential buildings when the project is completed.
The new towers, approved by Victorian planning minister Sonya Kilkenny in October, will deliver an additional 915 apartments.
The first of these three towers has been designed by Ewert Leaf & Kennon architects and will feature 349 apartments spanning 28 levels.
The second and third developments are designed by Architectus, with one comprising 375 apartments and 28 levels, while the other consists of 191 apartments over 16 levels.
Lendlease director development executive Daniel Dugina said that “the approval of the final stage of Collins Wharf will help support the ongoing demand we are experiencing in the area.”
He noted that the precinct is desirable for those buyers who want to live near some of the world’s best food, arts, sports and entertainment in Melbourne.
Planning approval has also been received for a neighbouring public park, designed by Aspect Studios, that will make more than 1,500sqm of open green space available to the broader community.
The park will include a large central lawn surrounded by a terraced timber lounge, and native planting overlooking the Yarra River.
The Collins Wharf project’s first tower, No. 1 Collins Wharf, has already welcomed residents, and Lendlease has secured strong pre-sales for the other two buildings in the initial half of the overall development that are currently under construction.
The Regatta has achieved greater than 80 per cent of pre-sales while Ancora has sold over 40 per cent since launching in April this year. Both buildings are scheduled to be finished by 2027.
With Collins Wharf completed, Lendlease will have supplied over 5,000 homes in total to Victoria Harbour and more than 6,500 homes to Docklands, including residences in the Melbourne Quarter precinct, across build-to-sell and build-to-rent apartments. •