Boyd Village tops out

Developer PDG’s Boyd Village development has reached its peak in construction and Lord Mayor Nick Reece helped to celebrate the milestone at a ceremony on February 24. 

The build-to-rent (BTR) project, dubbed “Indi Southbank” at 132 Kavanagh St, forms part of the City of Melbourne’s Boyd Village precinct, which includes the much-loved Boyd Community Hub and adjoining Boyd Park. 

The ceremony, held on level 43 of the soon-to-be-completed building, marked the successful completion of its major structural phase following two years of construction. 

PDG together with the project’s builder Hamilton Marino welcomed the Lord Mayor as well as representatives from investment manager Investa and Oxford Properties Group who are partnering on the development. 

“Build-to-rent is an important pillar in Melbourne’s diverse and inclusive housing market,” Cr Reece said. 

“The Boyd Village offering delivers superb modern living, in sought-after Southbank. This milestone signals ongoing confidence in Melbourne as the best city to invest, build, and live.” 

PDG founder and managing director Vince Giuliano said, “Indi Southbank will offer an unparalleled living experience at Boyd Village in the heart of Southbank, blending residential charm with expansive parks, green spaces, and a variety of leisure and co-working areas.”

“These will perfectly complement the existing communal facilities at the heritage-listed Boyd Community Hub, which includes the library, café, and art studios.” 

The project features 434 apartments, including at least 40 affordable rental homes. 

Indi Southbank will form part of Investa’s BTR platform, while Oxford will retain ownership of the building, except for part of the ground floor and Level 1, which will house City of Melbourne-managed council facilities. 

Indi Southbank is scheduled for completion in mid-2025 with residents moving in shortly after. •