$1.2bn Collins Wharf development in VIC given the thumbs-up

Planning Minister Richard Wynne has given Lendlease the thumbs-up to proceed with the development of the $1.2 billion Collins Wharf in Victoria Harbour.

The new mixed-use waterfront development was masterplanned by Jackson Clements Burrows (JCB) and Aspect Oculus. The Collins Wharf masterplan will feature the following:

• Extension of Collins Street as a tree-lined boulevard to the water’s edge
• High quality public open space that will encourage pride of place, support community wellbeing and create opportunities for water engagement
• Located at the western tip of the Wharf, Eco Park will be an environmental oasis with native grasses, large specimen trees, an innovative floating wetland and access to the water’s edge
• A diverse range of residences including the coveted Collins Street terraces
• A state-of-the-art health and wellbeing centre located at the water’s edge
• Small-scale waterfront SOHO commercial / living space, offering a unique opportunity for boutique creative enterprises
• Reduced car travel through the provision of pedestrian and cycling links and access to existing public transport connections
• ‘Yarra Walk’, a unique promenade experience to Docklands, creating a ‘water on both sides’ pedestrian experience

Artist impression of Eco Park (source: Lendlease)

In addition, the development’s residential offering will include:

• Approximately 1,500 residences over five buildings, with every home featuring high quality apartment layouts to maximise natural light and water views for every home
• Residences will include a range of one, two and three bedroom apartments as well as the prestigious four level town homes lining Collins Street

“The Collins Wharf development will take advantage of Victoria Harbour’s existing retail and public space, including Library at The Dock, Community Hub at The Dock, Knowledge Market and more than 80 dining and entertainment options – while adding diverse new public spaces.

“The design of this precinct offers future residents panoramic views and world-class public realm that maximises the unique waterfront location. Once complete, a pedestrian and cyclist promenade will enable people to walk, cycle or run all the way around the 2.5kms of the Victoria Harbour waterfront,” said Lendlease Managing Director of Urban Regeneration Mark Menhinnitt.

Artist impression of Yarra Walk (source: Lendlease)

This development is expected to support up to 3,000 direct and indirect jobs over the next eight years.

Watch this space for more industry news and project updates by subscribing to Felix Project News.

Source: Lendlease, Herald Sun and The Age VIC