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Approval granted for $300m Richmond precinct

Planning approval has been granted to two projects designed by SJB in Richmond, Melbourne, that will create a “community-focused precinct”.

The City of Yarra issued the planning approval to Sydney-based developer Fortis for the two adjoining sites at 8 Brighton Street and 5 Wiltshire Street, which collectively occupy 15 lots. The consolidated site will establish a new commercial and residential precinct in the city-fringe suburb.

Plans for 8 Brighton Street include the construction of a 12-storey mixed-use tower, which will accommodate 55 residential apartments over nine levels as well as three levels of commercial and retail space.

5 Wiltshire Street will host an 11-storey commercial space with basement car parking and 11,000-square-metres of lettable area.

The approved plans also include the creation of a pedestrian-friendly food, beverage and retail boulevard along Wiltshire Street, connecting Brighton Street with Little Lesney Street. “The project will bring to market exclusive food and beverage amenities for approximately 1,500 workers and over 150 residents who will call it home, along with the wider Richmond community,” the developer said.

Construction is expected to commence in the second half of 2023 and will be funded by Pallas Capital.


Source: Architecture - architectureau

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