Builders Shortlisted for Greystar BTR in South Melbourne

US developer Greystar has opened the tender process for its build-to-rent project in South Melbourne at 15-85 Gladstone Street. The site, which was purchased from Singaporean Chip Eng Seng for $65 million, had been approved for a multi-stage residential project by local subsidiary CEL Australia, featuring 700 residences, which fell through as a result of the pandemic. The original project,…