Vision Apartments

Vision Apartments

Vision, a month prior to topping out in July 2016
General information
Status Complete
Location 500 Elizabeth Street, Melbourne, Victoria
Australia
Opening 2016
Cost AUD$400-500 million
Height
Roof 223 m (732 ft)
Technical details
Floor count 69 plus 1 underground
Design and construction
Developer The Brady Group

Vision Apartments is a residential skyscraper built in Melbourne, Victoria, Australia. As of December 2016, the skyscraper is the eighth–tallest building in Melbourne.

History

By early 2009, the Brady Group were proposing to build a residential skyscraper on a site adjacent to the Queen Victoria Market car park. The 1,030 m2 site, which previously hosted a 150–year–old hotel, was bought at an auction for $AUD11.8 million by the property developer, in 2008.[1] After minor changes to design, The Brady Group officially re–launched the project in 2011, wherein plans were tabled for a residential skyscraper which would reach 223 metres (732 feet) in height.[2][3] The proposal included more than 500 residential apartments spanning across 69 levels, in addition to three basement levels.[4]

Approval for the project was granted in November 2012, by the then–Planning Minister, Matthew Guy.[5] Construction on the $400–500 million project commenced in October 2013, whereby a completion date was estimated for some time in mid–2016.[5][6] During construction, the Melbourne City Council discovered that two of three basement car-park levels had not been constructed, despite being present within the 2011 plans for the project; nevertheless, the developer had submitted minor planning amendments to Minister Guy, as to reflect the failure to build the two additional levels.[7] By July 2016, the skyscraper had topped out, and had been completed a few months later.[2]

Vision Apartments is currently the second–tallest residential building within the Hoddle Grid of Melbourne (slightly shorter than 568 Collins Street), and the eighth–tallest building in Melbourne overall.[2]

See also

References

  1. ↑ Pallisco, Marc. (29 February 2009). "Major Apartment Planned For The Stork Hotel Site, CBD". Real Estate Source. Retrieved 20 October 2016.
  2. 1 2 3 Vision Apartments - The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved 20 October 2016.
  3. ↑ (10 November 2014) "Construction Commences on Melbourne CBD’s Tallest Building". TheUrbanDeveloper. Retrieved 26 January 2015
  4. ↑ Masanauskas, Jason. (22 October 2013). "Government declares high density is important as work starts on 72-storey tower". Herald Sun. Retrieved 26 January 2015.
  5. 1 2 Walsh, Alistair. (1 November 2012). "Vision, the tallest approved residential building in Melbourne CBD, begins marketing". PropertyObserver. Retrieved 26 January 2015.
  6. ↑ (28 October 2013) "Construction starts on tallest residential building in Melbourne's city centre". Urbanalyst. Retrieved 26 January 2015
  7. ↑ Lucas, Clay. (29 October 2015). "Ooops! Developer fails to build two promised levels of underground parking". The Sydney Morning Herald. Retrieved 20 October 2016.
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