BOX HILL DEVELOPMENT ACTIVITY

Key Facts:

Box Hill is Victoria’s fastest growing metropolitan activity centre outside the CBD, Median house price $1.62M *REIV October 2020

Over the past decade, Box Hill has seen the addition of more than 2,790 apartments, five new hotels, high rise offices, and population growth from 16,480 in 2006 to more than 23,600 in 2019. World Class Education Facilities such as Box Hill Institute which has 3 campuses located within the Box Hill Activity Centre and in excess of 40,000 students

Vicinity Centres Reveals Billion-Dollar Box Hill Precinct Plans

Vicinity Centres (Vicinity) has unveiled proposed plans to revitalise the heart of Box Hill’s CBD, to create a bustling new town square and mixeduse precinct with new residential, commercial and retail developments, representing a very significant private investment into Box Hill.

One of Victoria’s largest private urban regeneration projects, the vision is to transform 5.5 hectares in the centre of Box Hill into a world class mixed-use and retail precinct for more than 6,000 workers and 3,800 residents by 2030.

With a landholding in the centre of Box Hill larger than three CBD blocks Vicinity’s vision includes:

• one of the most significant public spaces to be created in suburban Melbourne to date, opening up Box Hill’s town centre with a Spanish Stepsinspired amphitheatre, town square and a new extension of Main Street – for hosting events, entertainment, art and music • the creation of new walkways and roads connecting the precinct’s residential, commercial, transport, retail and hospitality offerings to Whitehorse Road • consolidation of the majority of Box Hill

Central’s retail between Main Street and

Carrington Road, capitalising on the iconic

Asian fresh food market and dining experiences, and leveraging the centre’s location at one of

Melbourne’s busiest rail and bus transport hubs • a new mixed-use precinct on the land fronting

Whitehorse Road with up to 250,000 square metres of new buildings, including: new residences; office accommodation; a hotel; and contemporary retail – all taking advantage of the transport interchange.

The proposed regeneration plans will be delivered in stages aligned to market demand with the first three Development Applications including:

• 3,350 square metres of new public space featuring a town square, amphitheatre, extension of Main Street and extension of

Prospect Street to link with Clisby Court and

Whitehorse Road • a 25-level, 42,000 square metre commercial office building in the heart of the town centre, next to Box Hill train station • a 48-level, 43,000 square metre residential building with 366 apartments, 7,000 square metres of office space and retail on the ground level trading onto a revitalised Main Street.

A Chinatown Rises in East.

$450m plan in Box Hill

goldenagegroup.com.au

A second Chinatown for Melbourne is on the cards under a $450 million redevelopment featuring two high-rise towers.

New Chinatown will be part of the Golden Age group’s Sky Village project in Box Hill, which has one of the city’s biggest Asian communities. The proposed Chinese food, retail and cultural precinct will have a 4000 sqm Hawker Hall inspired by the Asian markets of London and New York.

An artist’s image of the New Chinatown project by developer Golden Age. Picture: Supplied

A hawkers hall will feature in the New Chinatown development. Pictured is chef Qingyuan Xie at Man Tong Kitchen at Crown. Picture: Alex Coppel

It will offer food styles from various Chinese provinces, while the broader precinct will have Chinese bookshops, health and entertainment outlets. It will feature Chinese architectural elements such as pagodas, floating walkways over water, and winding paths. Overall, New Chinatown will comprise three podium levels in two 18-storey towers with 429 apartments at 517-521 Station St. Golden Age sees the new precinct as an extension of the CBD’s Chinatown, which is the oldest in the southern hemisphere, and linked to Victoria’s 19th century gold rush era.

Company boss Jeff Xu said that Sky Village was Golden Age’s third project in Box Hill — an area still ripe for retail and urban expansion. “Box Hill has undergone a period of immense transformation, and it has emerged as a cultural, tourist and economic destination in its own right,” he said. “Holding the crown of Melbourne’s second CBD, New Chinatown will help support and facilitate the continued growth of Box Hill’s city centre, while creating more than 1000 jobs for the local community, and providing a thriving economic, entertainment and cultural precinct.”

While about a third of Box Hill’s population is China and Hong Kong-born, Mr Xu said New Chinatown would not be defined by ethnicity. “Taking into consideration the multicultural and diverse community of Box Hill and wider Melbourne, New Chinatown will offer something for everyone,” he said. Also planned for Sky Village is a Chinese language school, Chinese and Western medical clinics, offices, and a childcare centre. The towers have been designed by Fender Katsalidis Architecture, while ASPECT Studios will do landscape design. The development site now has a carpark and childcare centre, and is about 100m from Golden Age’s 36-level Sky One project — Melbourne’s tallest suburban tower. Sky Village is due to be completed in about three years. Mr Xu officially announced the project on Tuesday night at a preview of the NGV’s Melbourne Winter Masterpieces Terracotta Warriors exhibition, which Golden Age is helping to sponsor.

An artist’s image of the New Chinatown project by developer Golden Age. Picture: Supplied

A hawkers hall will feature in the New Chinatown development. Pictured is chef Qingyuan Xie at Man Tong Kitchen at Crown. Picture: Alex Coppel Golden Age Group Sky One Towers: Picture: Supplied