Plans for an eight-storey hotel development in Collingwood, with an estimated $13.5-million construction cost, have been lodged with the Yarra City Council.
SJB Planning lodged the development application for the Milestone Property Investments-owned site. The building comprises a 127-key residential hotel with 308sq m of ground floor retail and a 50sq m gym.
The Telha Clarke-designed building at 67-77 Cambridge Street, Collingwood sits in a mixed-use zone, about 5.8km north-east of the Melbourne’s CBD.
“The proposed development is ideally located to promote the use of public transport, walking and cycling through the limiting of car parking provided on-site,” the application stated.
The developers said the proposed reduction in the statutory amount of car parking was acceptable given the development provided “significant” bicycle parking. The plans propose one designated disability car parking space.
The non-provision of car parking directly responds to the relevant objectives of local planning policy, according to documents, and to reflect “the realistic utilisation and demand for long-term car parking on site” but there will be a total of 14 bicycle spaces provided.
The 859sq m site currently has a single-storey brick building with an art gallery and office.
The application described the broader Cambridge Street environs as characterised by “a mixture of emerging high-density, mixed-use developments and single- and double-storey commercial buildings”.
The site is within a precinct identified to be of strategic importance in accommodating a growing resident and worker population.
The council is due to make a decision on the application on July 7.
Earlier this month, US real estate firm Hines announced it would break ground on Melbourne’s tallest timber office building, located at 36-52 Wellington Street, Collingwood, after pausing its plans for the $200-million development and securing a development approval late last year.
In April, two office applications were submitted for Collingwood: the Kerstin Thompson-designed timber office above an existing warehouse at 14 Mason Street and plans for two separate office buildings designed by Grimshaw Architects at 99-117 Islington Street.