Shakespeare Group tops out St Kilda apartment project

Developer Shakespeare Group has announced the topping out of its St Boulevarde residential development in Melbourne, with homeowners expected to move in in 2020.

Situated between Albert Park and South Yarra, the three tower project is one of the largest in St Kilda, an area that has seen a high concentration of developments go up in recent years.

GALLERY  

Designed by architects Elenberg Fraser the project is expected to cost a total of $350 million and will be delivered by Builder Group.

420 new apartments will be delivered across the three buildings; 207 in Anaca, 122 in Magnolia, and 91 in Ginko.

The residential space totals over 7,300-square-metres and offers 60 different apartment floor plans including some whole-floor configurations.

Shakespeare Group is advertising five-star ‘resort style’ living amenities including a pool wrapped around three sunken pavilions, a BBQ, bar, casual dining area and sunken lounge areas for private gatherings.

The balconies are equipped with retractable screens allowing residents to adjust the sunlight in each apartment’s central internal spaces, while a ‘second skin’ of manoeuvrable windows maximises airflow within the units.

The development is currently 90 per cent sold off-the-plan with the remaining apartments expected to be snapped up by the end of the year.

It’s been defiant of the slow sales affecting Melbourne’s high-rise apartment market on the back of cladding and construction defects.

Colliers International director Brett Griffith said that there was a clear trend towards “final phase purchasing” as purchasers come into the market confident with off-the-plan projects.

“The prime location, great design, stunning amenities and the anticipated completion of construction in early 2020 have been the main drivers of successful sales,” Mr Griffith said.

Shakespeare Group director Catherine Law said the development had attracted high owner-occupier interest with buyers attracted to high-end opportunities on the city’s fringe.

“We understand that there is an increasing demand for luxury apartments designed for residents to call home.

“It is an excellent proposition for young professionals, families and downsizers,” she said.

Images courtesy of Shakespeare Group







Get our enews

Design and development news that comes to you






                 

Port Douglas site ‘new chapter’ for luxury developer

Developer Tim Gurner is “beginning a new chapter” and branching out into hospitality, hotels and tourism with a ...

Office ‘greenery’ takes on new meaning with Oasis office space

People want safety, comfort, and cleanliness. The new situation requires new solutions. According to international studies, staying in ...

Locked down in an urban home? This table brings nature to you

Designed during the first London lockdown by Thomas Heatherwick of Heatherwick Studios in a moment of isolated inspiration, ...

Apartment construction in decline until 2025

Before the pandemic, Australia was on track for more than 30 million people by 2030. Treasury now expects record ...

Young couple ‘builds new life together’ with concrete

A renovation project in a mass-produced apartment building, brings new meaning to concrete. As opposed to hiding it away, ...

  MORE  

Stay connected to the SPEC

Join our reader network by signing up to our weekly newsletter and receive design and development news straight to your inbox










© 2018 Universal Media Co. All Rights Reserved. Privacy Policy. Terms of Service. The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Universal Media Co.