MAB Corporation unveils final stage of its NewQuay precinct in Docklands.

Artist’s impression of the completed Newquay precinct.

After more than 20 years, MAB Corporation has entered the final stretch of its redevelopment of the Docklands precinct known as NewQuay.

The final piece of the 14 hectare parcel is set to make way for five residential buildings and a 4000 square metre linear park (artist’s impression, left).

Earlier this week MAB officially launched another recreational zone in the pocket – NewQuay Central Park spreads 4600 sqm and is the biggest open space to be completed within the City of Melbourne since Ron Barassi Senior Park was completed in 2015.

“Open spaces are the hearts and lungs of a city and vital to making Melbourne such a great place to live,” lord mayor Sally Capp said at the launch (an image of Ms Capp with MAB managing director, Andrew Buxton, top). “We’re delighted this fantastic park is now open for everyone to enjoy, offering a new community space and greater green links through our city for residents and visitors”.

MAB general manager David Allt-Graham added that the delivery of NewQuay Central Park “was part of a bigger vision to deliver a considered, diverse and integrated neighbourhood, rated by Walkscore.com as one of the most walkable suburbs in Melbourne”

MAB’s masterplan for the western part of NewQuay is mooted to include 1200 apartments.

“It will cap off the almost 30-year development project, which has led the transformation of Docklands from an industrial port to a waterfront extension of the city grid, delivering essential residential, commercial and public infrastructure for the growth of Melbourne,” MAB said.

The NewQuay Marina.

“New development at NewQuay is set to continue at a rapid pace. The next three years will welcome the completion of a new supermarket, a state government primary school, Quest and Marriott hotels and new commercial offices in MAB’s innovative Escala project,” it added.

Mr Altt-Graham said the proposed five residential buildings would continue MAB’s “bold architectural vision”. Some of the inner-city’s most distinctive buildings are in NewQuay including the “leaning” Marina Tower and Banksia Apartments.

Mr Buxton said that from the outset of NewQuay, his team had sought to bring “originality and excellence to Docklands through artistic and creative design, art and master planning”.

The distinctive Banksia Apartments complex in Docklands with the Melbourne CBD in the background.

“MAB’s vision for NewQuay has always been to create a vibrand and creative city for Melburnians to live, work and play,” Mr Buxton said. “The West Masterplan is the final piece of the carefully considered masterplan that will deliver a vibrant and connected suburb to our city”.

To date, MAB has constructed 13 apartment towers, office towers, four parks, an 80-berth marina and The Sebel Hotel, Quest Hotel, as well as the waterfront dining precinct on NewQuay Docklands.

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Marc Pallisco

Marc Pallisco

A freelance property writer and analyst, Marc is a co-founder of realestatesource.com.au.

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