The Victorian Government’s Department of Environment, Land, Water and Planning has given the green light to stage one of the six skyscraper development Melbourne Square.
Melbourne Square, developed by OSK Property, intend to develop the carpark site bordered by the Westgate Freeway and Kavanagh, Balston and Power Streets in Southbank.
Tan Sri Ong Leong Huat, chairman, OSK Property, said stage one features an urban park, supermarket, childcare and two residential towers with over 1,000 apartments.
“We hope it will be a place for people of all ages to enjoy, with its beautiful public park drawing people in from across the city," he said.
“This is an important project for Southbank’s future and provides the delivery of critical community infrastructure in this popular suburb."
Ian Sutter, director, Cox Architecture said Melbourne Square was one of the only remaining opportunities to fulfil Melbourne City Council’s vision to make Southbank more verdant.
“The new neighbourhood around Melbourne Square takes one of the last development opportunities in Southbank and, via a prescient and sensitive masterplan, provides a true mixed use precinct with a verdant, green space at its heart,” he said.
“A deliberate decision was made to significantly exceed the open space area requirements for Southbank – we believe this is an essential feature in providing a superior quality of life for the community.