Vision Apartments Explained

Building Name:Vision Apartments
Location:500 Elizabeth Street, Melbourne, Victoria
Status:Complete
Groundbreaking Date:2011
Opening:2016
Roof:229m (751feet)
Floor Count:70
Cost:AUD$400-500 million
Developer:The Brady Group

Vision Apartments should not be confused with Vision Brisbane.

Vision Apartments is a residential skyscraper built in Melbourne, Victoria, Australia. As of 2024, the skyscraper is the seventeenth–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 223m (732feet) 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 fifth–tallest residential building within the Melbourne CBD core, the ninth tallest residential building in Melbourne, and the seventeenth–tallest building in Melbourne overall.[2]

See also

External links

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Notes and References

  1. Pallisco, Marc. (29 February 2009). "Major Apartment Planned For The Stork Hotel Site, CBD". Real Estate Source. Retrieved 20 October 2016.
  2. http://www.skyscrapercenter.com/melbourne/vision-apartments/13449 Vision Apartments - The Skyscraper Center
  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. 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.