Major Proposal Being Reviewed For West Melbourne

IN THE week the Melbourne City Council legislated for higher-density development in the inner north-western suburbs, it can also be revealed Planning Minister Matthew Guy is reviewing plans to replace two historic West Melbourne factories with two landmark apartment buildings – the tallest soaring 44 levels.

The sites, at 371 – 379 Spencer Street and 83 – 113 Batman Street, will be combined to create a new village with a gross floor area of some 85,000 square metres – about the same size as the Rialto.

Proposed by local investment house Bennelong Group, two towers – one rising 39 levels, and another, 29, will be developed atop a five level podium which will include 548 car park bays and 223 bike spaces.

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Les Erdi Buys West Melbourne Development Site

Proposal: 33 - 43 Batman Street, West MelbourneTHE inner-city’s next major hotel looks likely to be developed at a West Melbourne site near the suburb border of the CBD, and Docklands.

Businessman and philanthropist Les Erdi is believed to have paid about $8 million for a 1526 square metre development site at 33 – 43 Batman Street.

The site currently includes a single-level factory known as the WD O’Donnell building, and was put to the market in March with a permit for a 14-level, 136 unit complex.

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WD O’Donnell Building, West Melbourne, to be Sold With Permit

ANOTHER historic factory on the CBD fringe is set to make way for an apartment tower, after being listed for sale with a permit.

The W D O’Donnell building at 33 – 43 Batman Street, in West Melbourne, near the Flagstaff Gardens, is for sale with a VCAT-approved permit for a 14-storey tower, with 135 units.

CVA Commercial director Anthony Carbone expects about $8 million for the site, which is being offloaded by Joe Salvo, the brother of Delta-Europcar founder turned property developer Mario.

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