Melbourne-based Woods Bagot and SHoP Architects of New York have won the competition to design a mixed-use property at 447 Collins Street in Melbourne.
The new property is planned to be built at the intersection of Collins and William Street in Melbourne's Central Business District (CBD), and will feature offices, residential houses, hotels, retail and public spaces.
Woods Bagot director Nik Karalis said that maintaining the status of Melbourne as a significant global megalopolis requires continual innovation, a reputation the city is already known for.
"The 447 Collins Street development is one of the last mid-city opportunities of scale to turn on the momentum of creativity in what will be Australia's largest mixed-usage urban precinct," Karalis said.
SHoP Architects partner Vishaan Chakrabarti said: "This site has the potential to become a key focus of public life in Melbourne's central business district, as well as a new point of entry into the cross-river cultural loop."
Purchased by Cbus Property in December 2013, the 6,000m² island site of 447 Collins Street was considered as the best place for development in the CBD.
Karalis said that the company's collaboration with SHoP Architects brings together a deep experience of the increasing drive towards a new type of densification of cities, and the transformation of how they bring 24hr life to buildings, streets and city parks.
"This will create new urban communities, neighbourhoods and experiences. The suburbs are moving inwards; 447 Collins Street precinct will be an urban catalyst as it breaks through traditional concepts of the nature of Australian cities and sets new benchmarks for mixed-usage development criteria," Karalis added.
Cbus Property CEO Adrian Pozzo said: "The company is extremely excited to be working in collaboration with the Woods Bagot and SHoP Architects team to design and ultimately develop the 'best' single site left in the Melbourne CBD into one of the most iconic development in Australia to date."
Image: (Left-to-right) Woods Bagot director Nik Karalis, SHoP Architects principal professor Vishaan Chakrabarti and SHoP Architects government projects director Omar Toro-Vaca. Photo: courtesy of Woods Bagot.