Council supports Shed 5 renewal

Riverlee’s revised proposal to develop the heritage-listed Shed 5 area at North Wharf has been endorsed by the City of Melbourne.

Gone is the 14-storey office building which was granted a permit in 2013 and, in its place, is a 17-storey residential and hotel complex.

The proposed residential hotel component has been designed to target the 4 to 4.5 star hotel market with 231 rooms. A further 182 apartments are to be located on levels 8-17. The existing shed structure is to be refurbished and repurposed as a function hall fronting the wharf’s edge.

The proposal will now go to Minister for Planning Richard Wynne for approval.