Time & Place, in collaboration with Woolworths Group, has received planning approval from the Victorian government for a $150 million mixed-use development in Glen Iris, Melbourne.
This significant project marks a new chapter in the suburb’s urban landscape and addresses the growing demand for diverse housing options.
The five-storey development, located at 173 Burke Road, will feature:
- 60 apartments, including affordable housing options
- A full-line Woolworths supermarket
- Targeted housing for downsizers, young families, and multi-generational households
Award-winning architects Cera Stribley have been commissioned to design the project, ensuring a high-quality aesthetic that complements the local area.
Time & Place‘s decision to develop in Glen Iris aligns with its strategy to expand its mixed-use and residential portfolio in Melbourne’s inner city.
The project aims to address the evolving needs of the community and enhance the area’s vibrancy.
Tim Price, Founder and Director of Time & Place, emphasised the project’s focus on diversifying housing options in Glen Iris, stating: “One of our primary focuses with this project has been addressing the need for diversification in housing typologies of Glen Iris.
“This project aims to meet the evolving needs of the community and enhance the overall vibrancy of the area.
“Our commitment is to enrich the suburb’s housing landscape and ensure it remains a dynamic and accessible place to live.”
As urban living continues to evolve, developments like this Glen Iris project are becoming increasingly important.
The thoughtful design and mix of residential and retail spaces aim to meet the diverse needs of residents along key thoroughfares.
The approval of this $150 million development represents a significant investment in Glen Iris and demonstrates the ongoing evolution of Melbourne‘s Stonnington area.
With its focus on diverse housing options and integration of retail amenities, the project is poised to make a lasting impact on the local community and set a new standard for mixed-use developments in the region.