Mirvac begins construction on new $300m tower at Melbourne's Yarra's Edge
Mirvac has turned the first sod to signal the beginning of construction on the $300 million residential tower at Melbourne’s Yarra’s Edge precinct. This development is anticipated to support up to 2,000 jobs as well as create homes for about 3,000 residents.
Sod turning with Simon Wilson GM Precincts Development Victoria, Minister for Planning Richard Wynne MP and Mirvac Head of Residential Stuart Penklis (source: Mirvac Residential)
The 43-level luxury residential tower named Voyager will feature a 1,000-SQM retail hub that will service the broader FIshermans Bend and Docklands communities.
“The construction of Voyager is the next chapter in the development of Yarra’s Edge - one of Melbourne’s most vibrant communities. The surrounding amenity, combined with unparalleled north facing waterfront access, has been very well received by purchasers looking to the long term, demanding quality apartments, supported by strong real estate fundamentals.
“As the area continues to evolve, the Yarra’s Edge community will benefit from added infrastructure and amenity coming to Fishermans Bend, as well as local facilities under development including the new Docklands Primary School and the extension of the waterfront promenade which will connect with Development Victoria’s planned cultural, recreational and community facilities, proposed to be located at the west-end of the precinct,” Victorian Planning Minister Richard Wynne said.
Voyager will comprise of one, two and three-bedroom apartment units, Sky residences as well as an exclusive rooftop space for residents - which is the first of its kind in the precinct.
The tower is being built on a 4,500-SQM site on South Wharf Drive, a walking distance from the Wharf Club that is located underneath Wharf’s Landing Park - a 1,500-SQM green open space.
Cranes have already been mobilised to site to begin construction, with Voyager anticipated to be completed and settlements to begin in mid to late 2021.
The Voyager is part of Mirvac’s $1.4 billion Victorian Apartments program and it will stand as a landmark entrance to the CBD from Bolte Bridge.
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Source: Inside Construction; Build Australia; Mirvac Yarra’s Edge
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