VICTORIAN Planning Minister Matthew Guy last week announced planning approval for a $130 million development at Docklands, including 360 apartments, a 4.5 star 176-room Four Points by Sheraton hotel with a 200 seat restaurant, swimming pool, gym and conference centre and 255 car spaces.
The 37-storey development designed by architects Moull Murray will be located at 238 Harbour Esplanade in the northern end of the Docklands' Digital Harbour precinct, which is bounded by Wurundjeri Way, LaTrobe Street Harbour Esplanade and Dudley Street.
"Docklands continues to evolve as Australia's most exciting urban renewal precinct with good transport connections to Melbourne's CBD. This new development adds to the high quality residential and hotel accommodation offered by Melbourne and is a huge boost for the northern end of the Docklands precinct," Mr Guy said.
"This proposal will complete the Dudley Street/Harbour Esplanade gateway of Docklands and build on the precinct's services and public spaces in this growing neighbourhood. It reflects the next stage in the evolution of this waterfront precinct and reinforces its role as a place for economic investment, a tourist draw card and a great place to live.
"I have approved plans that will ensure the development meets high quality urban design standards including active street levels and an open space plaza which will link Docklands to E-Gate across Dudley Street," Mr Guy said.
The development is expected to generate more than 480 jobs during construction and an estimated 125 ongoing jobs in the hotel and associated facilities, residential maintenance and support staff.
The Harbour Esplanade frontage provides access to an outdoor seating area and open space that will be a key entry to Docklands, according to the government.
"The unique design and architecture contributes to an area that is becoming a well-recognised waterfront destination to live, work and visit," Mr Guy said.
Upon completion, the entire Docklands precinct is expected to have attracted in excess of $17.5 billion of private investment and be home to an estimated 20,000 residents and 60,000 workers.