Probuild Preferred For $60M Little Collins Street Redevelopment


Probuild are the preferred builder to redevelop 130 Little Collins Street, a new commercial tower valued at approximately $60m. 

The tower comes after Jeff Xu’s Golden Age Group’s plans for the 27-storey tower were approved by the Melbourne City Council. 

An eight-level, 50-year-old office building currently sits on 130 Little Collins Street which Golden Age Group purchased from the Uniting Church for over $40m in 2019. 

Architects Cox has designed the new tower which will include sustainable design and new technology. 

The Tower will be built by Probuild to accommodate restaurants, bars, car parking, end of trip facilities and garden terraces. 

Jeff Xu told The Urban Developer, “The typical commercial building has been turned on its head as a result of Covid.”

As a result, we have seen more plans for flexible working spaces in Melbourne. 

Related news: Maxcon to Build New $150m Flagstaff Hill High-Rise

“Businesses have realised they can work efficiently outside of the corporate environment and they no longer want to share with hundreds of other tenants.”

Jeff Xu | Golden Age Group

The tower’s exterior has been designed tall and sleek on a small, 651 sq m site. 

Probuild was awarded the contract for 130 Collins Street after competing with Crema, Icon, and Hacer in a competitive tender process.

Golden Age Group and Probuild are working together on the construction of Sky Garden in Glen Waverley above The Glen Shopping Centre. Sky Garden will include three buildings and 536 apartments.

Probuild is currently building West Side Place, a 1,376 apartment luxury tower with 263 hotel rooms at 250 Spencer Street.  

Previous projects of Probuild’s includes Aurora Melbourne Central, Victoria One, Melbourne Convention and Exhibition Centre and Eastland Shopping Centre. 

Golden Age Group’s other projects in Melbourne include; Sky Village in Box Hill, 450 Queens Street and Victoria Place in East Melbourne. 

It is expected that 130 Little Collins Street will be completed by 2023. 

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Image Source: Real Estate Source

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