July 5, 2010 § Leave a comment
Inset: Graphic design of proposed Serrata Interiors by Vivas LendLease
An ongoing discussion between LendLease and the Docklands Community continues regarding their new development called ‘Serrata’.
The Serrata apartment tower is set to take shape at 815 Bourke Street, and will be a 15-level, 144-unit complex, between Victoria Harbour and the Yarra River. A Vivas Lend Lease representative says the development provides an opportunity for Generation Y “first home buyers” with a desire for city living to get into the market. One bedroom apartments are priced from $385,000.
Vivas Lend Lease say they have been encouraged by the council to build more residential developments at Victoria Habour. Community members and purchasers of Montage and Mosaic (also by Vivas Lend Lease) feel that the Serrata apartments were not described adequately to them, and that mis-representation over the nature of the new block had occurred.
According to the Docklands News, Director of Lend Lease Hugh Martin has said that the system of approvals for new developments in Victoria is flawed. When asked why Lend Lease did not consult the community earlier, Mr Martin said that ‘You can’t display a master plan until it is approved’. He re-iterated that it was a Government-driven site, and that consultation needed to primarily be with the Government initially. It sounds like the old dilemma of chicken – before – egg in the case of the Victoria Habour development.
What do you think of Serrata? Will it be deleterious to the quality of lifestyle and value of apartments at Montage and Mosaic? J.C Street eagerly look forward to the unveiling of the master plans for this development.
October 19, 2009 § 1 Comment
Welcome to the debut of J.C. Street Real Estate to the world of the blog. StreetBlog.
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Cheryle & Julie Street
J.C. Street Real Estate
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