Council supports Shed 5 renewal
9th March, 2018
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.
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