ARMADALE’s ritzy High Street – once considered the best place in Melbourne to shop for Persian rugs and antiques – could be shedding its vintage charm ONCE CONSIDERED the best place in Melbourne to peruse Persian rugs and antiques – Armadale’s ritzy High Street, is detaching from its traditional past. The former Geddes Antiques string ofRead more
THE biggest shopping centre in the southern hemisphere is about to undergo its highest profile redevelopment, some 51 years after it opened (pictured, right).
The owners of the complex now known as Chadstone – The Fashion Capital, are negotiating with the Stonnington City Council to build two glass skyscrapers, each of about 12 levels, at the easternmost edge of the complex near Dandenong Road.
If approved, one tower will accommodate a hotel, and the other, an office.Read more
CAR park ratios are set to become the new buzz term in Melbourne’s fringe office market, with councils getting tougher about the number of parking bays developers can put into new office buildings.Read more
THE West Australian-based Aspen Group is believed to be the mystery buyer of a business park in Mulgrave, in a deal worth about $18 million.Read more
ONE of the first office buildings developed by private developer Michael Yates has managed to avoid mass vacancy when a lease to its major tenant, Thales ATM, expires next month.Read more
In another show of confidence for the Hawthorn office market, champion racehorse owner and property developer Les Smith has confirmed he will develop an approximate $ 30 million office building, without a tenant pre-commitment.Read more
A Melbourne-based private investor has outmuscled syndicates and institutions for a large office building on the banks of the Yarra River in Abbotsford.Read more
Boutique office building developer Wolfstep is continuing its push into the eastern and south-eastern suburbs, announcing plans this week for a $10 million strata office building in Surrey Hills.Read more
THE packaging company that colluded with Melbourne billionaire Richard Pratt’s Visy group to fix prices is looking for new offices.Read more
Textile supplier Charles Parsons is believed to be in advanced negotiations to lease around 3800 square metres of space at the former AGL House near the Pinewood Shopping Centre in Centreway Mount Waverley.Read more
Salta Properties has been delivered some good news at last, with residential developer Carlisle Homes leasing 2000 square metres of space at its troubled Nexus Corporate Park in Mulgrave.Read more
SPOTTING Melbourne Airport from an airplane window might be easier within a couple of years.
Plans have been lodged with the Hume City Council to develop an 11-level office tower at a site abutting the Tullamarine airport, at 257 Melrose Drive.
A council spokeswoman confirmed the application will include three levels of basement car parks, and offices over the top eight levels.
MAB Corporation has sold an entire strata floor at its 999 Nepean Highway office building redevelopment for $3.575 million to an undisclosed private investor.Read more
THE Victorian Civil and Administrative Tribunal has approved a major mixed use development, for a site opposite the popular Balwyn Theatre.
The owner of the 188 Whitehorse Road Balwyn site, represented by town planner Urbis JHD, plans to build a 3-storey building comprising a 2,412 square metre supermarket, two levels of offices totalling 3,565 square metres, and 213 car spaces. The development, which will also be accessed via Jersey Street, was approved by VCAT with some amendments. It’s speculated the project could have an end value of between $20 million and $25 million.
BOUTIQUE builder Fridcorp has used its $150 million redevelopment of the notorious former Salt nightclub, to diversify into commercial office development.
Fridcorp will develop 2,247 square metres of offices within South Yarra’s “lilli” development, on the corner of Claremont and Daly streets in South Yarra.
Lilli is an Elenberg Fraser designed 15-level building, with ground floor retail abutting a new pedestrian thoroughfare which will give South Yarra train passengers direct access to Chapel Street via Daly Street, bypassing Toorak Road.
Professional services firm GHD has delivered a proposal for an emission-free office building, to be developed on top of the busy Richmond train station, in Melbourne’s inner-east.Read more
Melbourne’s strata office building boom looks like continuing into 2008, with heavyweight developer Leighton Properties confirming it will start construction of a 4000 square metre building in south-eastern suburb of Cheltenham.Read more