$900 million urban village set for Victoria Gardens
Richmond’s Victoria Gardens shopping centre is about to get a major upgrade, with co-owners Salta Properties and Vicinity Centres unveiling plans for a new urban village on the site.
The village will have two precincts: the Doonside Precinct, and the River Boulevard Precinct.
The Doonside precinct will sit at the corner of Burnley and Doonside Streets, and will incorporate:
- 12,030 sqm of new retail and commercial floorspace – including a fresh food market hall
- 839 new homes in new residential buildings
- 3,500 square metres of new publicly accessible open spaces
- 844 new bike spaces and 518 car spaces
The River Boulevard Precinct will connect Victoria Gardens to the Yarra River corridor through publicly accessible spaces and thoroughfares, and will include:
- A childcare centre with 110 places
- 6,700 sqm of new retail space
- 6,200 square metres of publicly accessible open space
- 840 new residences
- 26,600 sqm of commercial office space
- 1,323 car spaces
Planning approvals are now being sought through the Victorian Government’s Development Facilitation Program.
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