Supply & Co. Is Truly Ground Breaking
PPM was pleased to be involved in the ground breaking ceremony held last weekend to celebrate the commencement of construction at Supply & Co. 9 David Street Richmond. Seen here are PPM Managing Director Noel Artis, joined the developer Forza Capital’s Ashley Wain, Shaun O’Connell of builders Hamilton Marino and architect Peter Brook of Peddle Thorp.
In their design, architect Peter Brook and his team at Peddle Thorp preserved the art-deco heritage-listed façade of the Richmond landmark, reflecting the site’s heritage as the old ‘Builder’s Steel Form Supply Co.’
“We’re very conscious that in part we’re making a streetscape, so it’s probably the most important thing from an urban design point of view that the project isn’t just an apartment building – it’s a streetscape for the future,” Peter says.
Peter Brook visited Soho and Greenwich Village in New York, returning inspired to convert the former Richmond foundry into a unique balance of old-meets-new. “What we’re trying to do is build a New York style loft project which is really a little bit different to standard apartment blocks which you’re seeing around at the moment,” Peter says. “It has a sort of industrial heritage it has a connection to the river, to Bridge Road and Swan Street and we think that makes it a very special project for us.”
Peddle Thorp designed the building to include terraces on the upper levels, adding useable space above-and-beyond a standard balcony. Amenities for the building reflect the likely buyer profile and include a large communal garden on the terrace, an onsite café and yoga studio.
Further reflecting the heritage, a huge artwork has been commissioned for the otherwise blank Western face of the building, to be completed by renowned Melbourne street artist Baby Guerilla. At the main building entrance, a large sculpture has also been commissioned from an artist, and former resident of the workshops on site and the Caravan Group of artists who worked from the site in the 1970’s – 1990’s.
Reaching the important milestone of construction starting is no easy task in the current market, when several other residential projects are being delayed or design and yields reassessed.
As a Project Manager with nearly 40 years’ experience, PPM were engaged to utilise our experience having led and delivered quality residential projects to exacting client requirements. Along the way, Director Noel Artis has provided valuable input and project leadership, enabling the project to reach in its final major stage.
After launching the sales campaign in early 2016, market demand has shifted slightly and the project team needed to be adaptable to meet with these changed requirements. With the most experienced project team in Melbourne on board, PPM were able to keep the project within program and budget expectations without impacting feasibilities or quality.
After the initial concept design, the Developer cut out apartment numbers seeking instead to deliver 130 larger-sized apartments and achieve a stronger reach into the Owner Occupier market. Around 70% of the apartments are 2 and 3 Bedrooms, ranging in size from 65m² to 123m² and have achieved sales figures of up to $1.61m. With the remaining few apartments, the Developer is offering upgrades on the 2 Bedroom apartments to be 2 Bed/2Bath. A few 1 Bedroom apartments are still available at prices starting from $399,000.
Construction through Hamilton Marino commenced in January 2017, with demolition being completed already and the project on program to complete by April 2018.
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