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    $190 million Melbourne tower to raise $1 million for social housing

    Nathan Johnson

    The developer of the recently approved 111-125 A’Beckett Street tower in the Melbourne CBD will devote a portion of its sales to non-profit organisation Homes for Homes.

    The Elenberg Fraser-designed tower was given conditional approval from the City of Melbourne earlier this year, but the updated version was only approved by the Victorian planning department on 8 November.

    On announcement of the approval, the Victorian government also revealed that Singapore developer Tong Eng Group had committed to donating a percentage of sale from the each of the project’s apartments to Homes for Homes, a charity established by The Big Issue to raise money for social and affordable housing

    The circa 200-metre high building, named Myriad Melbourne, will house 632 apartments and, based on sale price percentage upon settlement for each unit, plus a smaller donation every time the units are on-sold, are expected to generate more than $1 million for social housing.

    The building is likely to go to market very quickly to take advantage of the current apartment boom.

    BIT OF NEW, BIT OF OLD

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    Myriad Melbourne will feature a 56-storey residential tower on top of a commercial, retail and carparking podium that also incorporates the façade of the existing heritage-listed Commonwealth Motors Building at the site.

    The materiality of the deeply set-back podium will take cues from the heritage building below, and reappropriate its strong horizontal movements as balustrades, mullions and spandrels.

    The built form from Level 8 onwards is formed by ‘bow-tie’ floorplates, not too dissimilar to the parametric curves Elenberg Fraser adopted for their nearby project at the old Savoy Tavern site.  

    The tower will be clad almost head to toe in a slightly tinted performance glazing system, starting as a neutral/silver at its base before transitioning to silver/purple as it grows.

    The 64-storey development will have 632 one, two and three-bedroom apartments, retail space, car and bike parking.

    Images: City of Melbourne/Elenberg Fraser

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