A $1.2 billion waterfront residential neighbourhood for Melbourne’s Victoria Harbour has been approved.

Master-planned by Jackson Clements Burrows in collaboration with Aspect Oculus, the Collins Wharf project will see a predominantly residential development delivered over five stages.

Collins Wharf forms part of Lendlease’s Victoria Harbour urban regeneration project, and includes the finger wharf section of the precinct that extends from the Dock community precinct to the end of the wharf near Bolte Bridge.

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Across five buildings, capped at an 85-metre height limit, will be approximately 1,500 new apartments, each featuring layouts to maximise natural light and water views. Residences will include a range of one, two and three bedroom apartments.

Additionally, four-level town homes will line Collins Street.

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The project will also contain an Eco Park, complete with an innovative floating wetland, and a Yarra Walk providing new waterfront access along the river. More than one kilometre of new public waterfront promenades are planned.

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“[The development] will take advantage of Victoria Harbour’s existing retail and public space, including Library at The Dock, Community Hub at The Dock, Knowledge Market and more than 80 dining and entertainment options – while adding diverse new public spaces,” says Mark Menhinnitt, Lendleases’ Managing Director of Urban Regeneration.  

The first Stage, No. 2 Collins Wharf which incorporates approximately 320 apartments is expected to commence construction in 2018. No. 1 Collins Wharf, a 29-storey residential building designed by Bates Smart, fits under the existing masterplan is currently under construction.  

Images: supplied