The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 THE UNMISSABLE EVENT FOR PROPERTY PROFESSIONALS IN THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 UNMISSABLE FOR PROPERTY PROFESSIONALS
SEE DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
1
print
Print
OtherTed TabetThu 13 Oct 22

Lowe Living Reveals $160m South Melbourne Project

South Melbourne corner site earmarked for a $160 million mixed-use development

Melbourne-based developer and builder Lowe Living has submitted plans for a $160-million mixed-use development in South Melbourne.

The 2500sq m site, on the corner of Clarendon and York streets, opposite the popular Clarendon Hotel, consists of an existing two-level office building and an adjacent 500sq m carpark on Ross Place.

The boutique developer, which has a $450-million pipeline of high-end residential and mixed-use sites in and around Melbourne’s Bayside, purchased the site via an on-market campaign in April this year.

Bidders for the corner site were looking to provide a purely commercial offering but Lowe Living plans to transform the site into a mixed-use precinct, designed by Woods Bagot.

It will encompass 1000sq m of ground-floor retail, two levels of premium office and six levels of high-end apartments.

The development will retain the adjacent three-level carpark currently on title to service the parking needs of the office and retail tenancies.

Lowe Living managing director Tim Lowe said the site had appealed to the group because of the high demand for luxury commercial in city outskirts such as South Melbourne and the distinct lack of super high-end luxury apartment stock in the area.

“This really was a rare opportunity to find such a large development site in South Melbourne; there really aren’t many remaining undeveloped sites of this scale, if at all,” Lowe said.

“We will always retain a focus on the Bayside market but we are keen to support this with a portfolio of larger sites. 

“We are actively targeting more acquisitions and ideally want to be developing one to two larger mixed-use projects per annum.”

The development site on the corner of South Melbourne's York and Clarendon streets.
▲ The development site on the corner of South Melbourne’s York and Clarendon streets.

The building’s 36 apartments would be dual-fronted with expansive terraces and will range from 110sq m to 390sq m across two, three and four-bedroom configurations.

It will feature an eight-level void to bring natural light into each tier, while environmentally sustainable features will help it achieve a minimum 7-star NatHERs energy rating.

The building will have two entries, one on York Street for residents and the other on Clarendon Street for commercial tenants with two different lift lobbies providing security and privacy.

Landscape architect Acre has been engaged to create a verdant botanic setting in both the internal void and vertical landscapes.

“We are astutely focused on the luxury, owner-occupier and downsizer market and have a very specific buyer in mind,” Lowe said.

“By seeking out larger sites in locations like South Melbourne, we can apply this knowledge on a grander scale to projects that have scope for more height and mixed-use applications.

“This allows us to create larger apartments that are still boutique in terms of volume, just with larger floorplates and more amenity to conceptualise.” 

Pending approvals, Lowe hopes to complete the project by 2025.

ResidentialRetailAustraliaMelbournePlanningPlanningSector
AUTHOR
Ted Tabet
The Urban Developer - Journalist
More articles by this author
website iconlinkedin icon
ADVERTISEMENT
TOP STORIES
North Melbourne Craigieburn HB Land EDM
Exclusive

Tribunal Finding Cruels 1000-Home Melbourne Plan

Clare Burnett
5 Min
Roseville Hycorp EDM
Exclusive

Ku-ring-gai TOD Backflip Slashes 1500 Homes from Under-Way Developments

Clare Burnett
7 Min
Exclusive

Housing Fix Sprint Begins with New Top Planner Pushing 13 Regional Plans

Phil Bartsch
8 Min
Elanor Investors Tweed Mall masterplan
Exclusive

Tweed Marks Time as $900m Mall Redevelopment Goes Quiet

Renee McKeown
6 Min
High-density residential construction in Melbourne
Exclusive

Stabilising Conditions in Melbourne Bring Hopes of Improved Feasibility

Leon Della Bosca
6 Min
View All >
North Melbourne Craigieburn HB Land EDM
Exclusive

Tribunal Finding Cruels 1000-Home Melbourne Plan

Clare Burnett
Nettleton Tribe Architects' render for Fabcot's next Woolworths distribution and customer fulfillment centre at 144 Wicks Road in Macquarie Park in Sydney.
Industrial

Fabcot Files Plans for Macquarie Park Warehouse

Marisa Wikramanayake
RBA announce May rate cut HERO
Policy

‘Undervalued’ Melbourne to Reap Rate Cut Advantage

Leon Della Bosca
Melbourne may well be among the biggest beneficiaries of the RBA’s 25 basis points cut, say the experts...
LATEST
North Melbourne Craigieburn HB Land EDM
Exclusive

Tribunal Finding Cruels 1000-Home Melbourne Plan

Clare Burnett
5 Min
Nettleton Tribe Architects' render for Fabcot's next Woolworths distribution and customer fulfillment centre at 144 Wicks Road in Macquarie Park in Sydney.
Industrial

Fabcot Files Plans for Macquarie Park Warehouse

Marisa Wikramanayake
2 Min
RBA announce May rate cut HERO
Policy

‘Undervalued’ Melbourne to Reap Rate Cut Advantage

Leon Della Bosca
6 Min
Victorian treasurer Jaclyn Symes' first budget has made infrastructure a winner but left the property sector behind.
Policy

Victoria’s Infrastructure Program Wins Budget Blessing

Marisa Wikramanayake
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/lowe-living-clarendon-york-street-development-application