A new park for Southbank

Malaysian Developer OSK Property has announced that works on stage one of its six-tower development Melbourne Square on Kavanagh St will commence later this year.

The Victorian Government’s Department of Environment, Land, Water and Planning (DELWP) has endorsed stage one of the MCG-sized vertical village, which is set to transform what has long been a car park.

And in good news for the Southbank community, stage one will deliver the project’s wealth of public amenities, including a new park and a network of green spaces totaling over 3700 sqm.

Stage one will not only encompass the dynamic realm with a central park, but also mixed-use community and retail facilities including a supermarket and childcare centre.

The first stage will also feature the construction of the first two residential skyscrapers, with latter stages to include two more residential towers, a hotel, commercial offices and a shopping centre.

OSK Property director Tan Sri Ong Leong Huat said the endorsement was a key milestone for the project.

“We hope it will be a place for people of all ages to enjoy, with its beautiful public park drawing people in from across the city,” he said.

“This is an important project for Southbank’s future and provides the delivery of critical community infrastructure in this popular suburb.”

Designed by Cox Architecture, the highly-anticipated project will not only provide Southbank a green heart and important community infrastructure but will give Kavanagh St all the makings of a great central street that Southbank has been longing for.

Cox Architecture director Ian Sutter said Melbourne Square was one of the only remaining opportunities to fulfill the City of Melbourne’s vision for a more verdant Southbank.

“A deliberate decision was made to significantly exceed the open space area requirements for Southbank – we believe this is an essential feature in providing a superior quality of life for the community.”

The two towers to be delivered as part of stage one will comprise more than 1000 apartments. Sales along with construction will commence later this year.