The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
20 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE MORE THAN 500 ALREADY ATTENDING
20 DAYS UNTIL OUR FLAGSHIP CONFERENCE 500+ ALREADY ATTENDING
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
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
3
print
Print
OtherMarisa WikramanayakeWed 03 May 23

Riverlee Greenlit for Cremorne Office Tower

A render by Six Degrees Architecture for Riverlee's Cremorne project that has just won approval.

The popularity of Cremorne’s Green Street for office development continues with another project approved.

The City of Yarra council granted planning permission for developer Riverlee’s nine-storey office tower on April 18.

CoreLogic property records show the 313sq m site at 99 Green Streetwas sold in December, 2021 for $3.7 million.

Riverlee lodged the plans by 6 Degrees Architects in mid-2022.

The developer plans to target small to medium businesses looking for 150sq m to 230sq m of lettable office space.

Lockdowns Fuel ​​$140m in Sales at Riverlee’s $550m Seafarers Project
▲ Developer Riverlee’s developments include the Seafarers project in Melbourne’s Docklands, currently under construction.

Cremorne has during the past year been a focus of developers and investors looking to acquire premium grade office space in Melbourne’s CBD fringe suburbs.

Premium grade office space is being tipped as the carrot to dangle to get  workers back to the office instead of working from home.

Many are still reluctant to commute into the CBD for work with office locations near amenities in city-fringe suburbs considered a compromise.

This thinking spurred a flurry of investment in 2022 in such locations as Cremorne, South Melbourne, South Yarra, Richmond and Brunswick among others, driving residential and office sector projects and transactions. 

OtherResidentialOfficeMelbourneAustraliaPlanningPlanningSector
AUTHOR
Marisa Wikramanayake
The Urban Developer
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
View All >
Broadbeach 5Point DA OBR108 hero
Development

New Tower Plans Pitched for Broadbeach Strip

Phil Bartsch
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
Villawood Club Redstone
Community

Villawood Breaks Ground on $18m Sunbury Redstone Club

Leon Della Bosca
The developer's 11th community clubhouse facility features pools, gym and childcare for 2500-lot estate...
LATEST
Broadbeach 5Point DA OBR108 hero
Development

New Tower Plans Pitched for Broadbeach Strip

Phil Bartsch
2 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Villawood Club Redstone
Community

Villawood Breaks Ground on $18m Sunbury Redstone Club

Leon Della Bosca
4 Min
Singapore-based Roxy Pacific has sold Melbourne House for $23 million to a Sydney-based investor, less than what it paid for the Little Bourke Street asset in 2018.
Hotel

Sydney Investor Pays $40m for Melbourne CBD Asset

Marisa Wikramanayake
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/riverlee-cremorne-office-project-approval