The third and final commercial tower proposed for the mammoth $1.9 billion development precinct Melbourne Quarter has been given the green light.
Two Melbourne Quarter, a 25-storey office building designed by Woods Bagot, was submitted for assessment in July 2017. It will be built at 697 Collins Street, adjacent to two commercial towers by Denton Corker Marshall – the 28-storey Melbourne Quarter Tower and the 19-storey One Melbourne Quarter.
The tower will feature 49,000 square metres of office space along with 800 square metres of retail space on the ground floor.
Mark Menhinnitt, the managing director of urban regeneration and infrastructure development at Melbourne Quarter developer Lendlease said planning approval coincided with a period of strong demand for high-quality office space in Melbourne’s CBD.
Two Melbourne Quarter will open out on to a new public plaza on Collins Street, to be known as Melbourne Square, designed by Aspect Oculus, which will become the centerpiece of the Melbourne Quarter precinct, and will also feature a four-storey public staircase, which will connect to Aurora Lane.
“To complement Melbourne Quarter’s leading workplace design, we’re focusing on sustainability and access to amenities as key considerations for our office buildings, allowing tenants to work in nearby green parks, open spaces and co-working environments for greater employee health and wellbeing,” Menhinnitt said.
Melbourne Quarter is located between Flinders and Collins Streets, near Southern Cross Station. The precinct will be divided into two areas: commercial and residential. The commercial area will be located on Collins Street while the residential area will be bound by Flinders Street to the south, Wurundjeri Way to the west and the railway line to the east.
The residential section of the project comprises a trio of towers designed by Fender Katsalidis, which were approved in August 2016.
More than half of the Melbourne Quarter precinct will be open space, including what will be Melbourne’s first elevated park, conceived by Denton Corker Marshall and developed in collaboration with Aspect Oculus. The 2,000 square metre “skypark” will be built 10 to 12 metres above Collins Street.
The precincts first residential tower, East Tower, is already under construction and the entire precinct is forecast to be completed in stages over the next six to eight years.