Update on 1-7 Waterfront Place

The BCNA recently met representatives from the developer to hear about progress. The GFM group is managing overall development. CASA, a subsidiary, is responsible for all work on the site.

VCAT agreed to revised plans last April. Since then, CASA has revised the plans to implement agreed changes. There will now be fewer three-bedroom apartments and more two-bedroom apartments. This change means the number of apartments increases from 84 to 87. Changes are also planned to the two basement-level car parks to allow better use and to increase car parks by 3-4. CASA expected to submit revised plans to the City of Port Phillip last week. Work is expected to commence on the site in December 2025.

The GFM group has leased three levels of 92 Beach Street (the old London Hotel site) for their work at 1-7 Waterfront Place. A sales and admin office will be on the ground floor, and a display unit will be on the second floor.

Finally, the BCNA understands there has been a consolidation of titles for the site so that it is now known as 1 and 5 Waterfront Place. 7 Waterfront Place will be at the Station Pier entrance to the former food store site at 103 Beach Street.

BCNA AGM Reminder

The BCNA’s 2025 AGM is being held this Thursday 18th September. It will be held at the Sandridge Community Centre (formerly called the Trugo Club), Tucker Street, Port Melbourne. Members should arrive at 7 pm for a 7.15 pm start.

The Guest Speaker will be Senior Sergeant Ely Reynolds, South Melbourne Police. Ms. Nina Taylor MP, Member for Albert Park, and Councillor Heather Cunsolo, Port Melbourne Ward have accepted invitations to attend and provide reports. All members are welcome.

Melbourne University Pauses Investment in Fishermans Bend

Recently, Melbourne University decided to pause work on the Fishermans Bend Campus. This decision has also been reported in The Age (paywall).

The University’s development was predicated on the Victorian Government meeting its promised timetable to build, develop and open tram infrastructure into the area by 2025 as stated in the 2018 Fishermans Bend Framework Plan and discussed by the BCNA.

This failure by the Victorian Government is a big disappointment for businesses, residents and the wider community. The BCNA believes Melbourne University has acted responsibly given the circumstances.