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September 2010
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Skyscraper Proposal Being Reviewed to Replace Russell Street’s Rido House, Melbourne

THE National Museum and State Library buildings could be overshadowed by a 36-level skyscraper proposed for a Russell Street site, opposite the eastern most edge of the historic complex. The Melbourne City Council says it is reviewing an application which would see the 42-year old Rido House building at 276 – 284 Russell Street, on the south-east corner of Little Lonsdale Street, demolished and replaced with a 117 metre tower of shops, offices and flats. Unusually, the proposal doesn’t allow for car park bays, suggesting the 154-unit residential component might be better suited (and more easily marketable) as serviced apartments, student accommodation, or both. [...]

Private Sector to Develop Melbourne’s Next Hospital

MELBOURNE’s next hospital and major medical clinic will be developed by the private sector in Hawthorn. The City of Boroondara council has issued a permit allowing for the former VECCHI building at 50 Burwood Road to be converted from offices into a 40-bed hospital, and associated medical centre allowing up to 15 practitioners. Sydney-based Healthbridge, a health based fund of manager Ironbridge, outmuscled several residential property developers to buy the prominent Hawthorn site for $17.1 million in April. It struck a deal to relocate the office tenants that were still based at the office, while pushing its conversion plans with council. [...]

Queensland’s Tony Quinn Buys Major Laverton North Factory, Melbourne

LAVERTON North’s former McCubbins Pet Food Factory has sold for about $6 million to Queensland based pet food mogul and multi-millionaire, Tony Quinn. The 10,600 square metre parcel at 75 – 77 Dohertys Road includes offices, cold stores, blast and plate freezers and two warehouses totalling 2300 square metres. The existing building occupies just 22 per cent of the overall site, offering development potential down the track, should Mr Quinn’s pet food company, VIP Pet Food, decide to expand further. [...]