Hamton proposes Moonee Valley Park’s tallest towers

Building 1 will rise between eight-11 floors.

Hamton is seeking to build the tallest towers yet at its $2 billion Moonee Valley Park, replacing a 7.6 hectare slice of the Moonee Valley Racecourse, in Moonee Ponds.

Following a Victorian Civil and Administrative Tribunal rejection for one large project, the developer is now applying to construct this component in two parts.

Building 2, overlooking the realigned racetrack.

The first stage, also known as Building 1, is presently being reviewed by the Moonee Valley City Council.

It contains a structure between eight and 11 floors with a total of 130 dwellings, 498 square metres of offices, a 134 sqm food and drink premises and 161 car parks.

Building 2 from Thomas Street.

A second phase, Building 2, which is now being advertised, is for a 12-storey tower with 229 apartments (14 which will be allocated for affordable housing), 416 sqm of commercial space and 266 parking bays.

The proposed towers will abut a 1200 square metre park.

This complex will be prominent as its eastern boundary abuts what will be a realigned racetrack (see site placements below).

Development to date

Hamton, backed by Hostplus, teamed with Moonee Valley Racing Club to develop Moonee Valley Park in 2018.

The majority of the Activity Centre zoned land forms the westernmost edge of the then 39.5ha Moonee Valley Racecourse and includes the outgoing grandstand, horse stables, horse float car park, members car park and racing administration office.

It also affects parcels at the eastern side of the racetrack abutting the Tullamarine Freeway.

In 2019, the historic ex-club secretary’s house was sold after being repurposed as a childcare centre (story continues below).

Also that year, the first stage of the residential redevelopment – 67 townhouses, mostly fronting McPherson Street – was approved.

Last year the consortium was permitted to construct a six level apartment complex fronting Thomas St – where Gate 10 stood.

The two proposed towers would sit beside and behind this building and also front Kenna St which will be extended.

A 1200 sqm open space – to be named Stone Pine Square – is also planned in this pocket.

Next steps

Longer term, more apartments – in structures expected to be taller than 12 levels – are intended, including on Dean St which connects Dawson St, Brunswick, to the Puckle St retail strip and Moonee Ponds train station, 800 metres away.

As part of the racecourse redevelopment, Moonee Valley Racing Club will build a new grandstand on Wilson St, opposite Moonee Ponds Primary School.

It will also re-align the track.

The location of Building 1 (outlined, above) and Building 2 (bottom).

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.