The 13,200sqm Northbank Goods Shed site is situated on the Yarra River and includes the historical Goods Shed 5. This site is located in the Northbank precinct and the proposed mixed-use development will comprise residential, hotel and retail.
The proposal includes extensive public works, refurbishment of the wharf, restoration of the historic crane and delivery of a new public park. The development will be sympathetic to the Shed’s industrial past, while adding significant amenity to the area for the community.
The leasehold was secured in 2011, and the freehold was purchased in 2015 from State Government. The project is currently in the planning stage; planning approval has been granted for the previous scheme – a commercial mid-rise 25,000sqm building.
This is a future redevelopment site for Riverlee.