Planning approvals for vertical village “Green Spine” were fast-tracked, paving the way for Beulah International’s development to revitalise Melbourne’s Southbank precinct post COVID-19.
The Victorian State Government has approved plans for the Green Spine, officially known as Southbank by Beulah, to be constructed in Melbourne’s iconic Southbank precinct. The expedient process was due to COVID-19 related impacts and shovel-ready projects that can significantly contribute to Victoria’s economy.
The Green Spine is an exemplary 101-storey, 365m twisted formation, which is set to drive social and economic outcomes to an extent which compares to its height. The $2 billion revitalisation project will redefine how Melburnians will work, live, learn and play, with substantial accommodation and employment uses, as well as creating a retail, entertainment and tourism – a quintessential placemaking destination.
The newfound heart of Melbourne’s Southbank will provide much needed services and amenities, as well as opportunities for meeting and engagement, which is historically lacking in the area’s existing development. Connections between Southbank and the wider City will also serve to draw people to the thriving vertical village.
Beulah International appointed Urbis’ multidisciplinary team to manage and undertake the planning approvals and an economics assessment for the iconic 270,000 sqm mixed-use sustainable vertical village. Valuation analysis was also undertaken for the proposed Public Benefits to justify the floor area uplift obtained for the project.