By Mark Baljak
What’s in a tower, or two?
Last Friday Little Projects received planning approval for a twin tower scheme nestled in behind Yarra’s Edge, that the developer believes will act as an entrance point to Lorimer Precinct within Fishermans Bend. Initially submitted as a 74 level tower with provisions for public space and a tram line through the site, the scheme was subsequently scaled downwards resulting in two towers of 47 and 49 storeys.
85-93 Lorimer Street will see the delivery of 940 apartments, marginally more than was sought within the initial scheme. Lower levels within the approved Elenberg Fraser-designed complex will house 778 car parks and 400 bicycle bays, retail spaces and a gym – all within a podium heavy with exterior greenery.
2,100 square metres has been designated onsite as a public park, naturally garnering strong support from both the State Government and City of Melbourne.
Valued at $200 million, 85-93 Lorimer Street is the latest apartment scheme approval for Fishermans Bend, which according to the State Government brings the total value of inner-city developments approved by the Andrews Labor Government to over $3 billion. Under Planning Minister Richard Wynne’s tenure in excess of 3,300 apartments within Fishermans Bend have gained approval, equating to in excess of $800 million worth of investment.