This project is also a very well
known property development project within the Land
Development Industry in Melbourne. It is a joint
venture between Urban Pacific Pty Ltd (previously
Pioneer Property Group Pty Ltd) and The Office of
Major Projects.
It comprises approximately 38 hectares of land abutting
the Maribyrnong River, Smithfield Road, Epsom Road
and Kensington Road. The land was previously owned
by the State Government, Melbourne City Council
and the Federal Government. It succeeded the project
previously known as “Lynch’s Bridge”,
which was not considered a great success, either
financially for the participants or by the Land
Development Industry generally.
Kensington Banks was originally known as “Lynch’s
Bridge – Stage 2” but because of the
stigma previously attached to Stage 1, the marketing
strategy dictated a name change.
Its success to date and contribution to the Urban
Development Industry was recognised by the winning
of an Award of Excellence, in the President’s
Award category, from the Urban Development Institute
of Australia.
PGA were engaged in early 1994
as the consulting project surveyors and have been
responsible for the production of all engineering
and cadastral surveys, including the initial topographic
plans prepared by both ground survey and photogrammetric
means, plans of subdivision for each stage, both
in the builders’ parcels format and re-subdivision
of those parcels, generally in the form of non body
corporate subdivisions. Some very innovative subdivisional
formats have resulted, whereby aerial spaces have
been created.
PGA instigated and arranged special
consideration by the Land Registry Office to expedite
processing of approved Plans of Subdivision and
have continued to retain a very close liaison with
the relevant officers at the Land Registry Office.
This project has been one of immense
challenge in so far as bringing together many diverse
interests, not least of which comprise the original
owners of the land, being three parties and the
format in which the project is generally marketed,
namely the pre-selection of builders and then operating
in a very close liaison with each of those builders
to produce, in a very timely manner, their Plans
of Subdivision with certification and early Statements
of Compliance.
We have developed a very close relationship with
all parties involved in this project, and consider
that the success of the team has been largely due
to the partnering process that was invoked at the
outset.
This partnering process has involved all the stakeholders
on a regular, albeit not frequent basis, to participate
in a structured, clinical, open and frank forum.
Benefits have also flowed from the “Value
Engineering” approach that has also been undertaken.
This has critically analysed all areas of the project
and has produced some significant savings to the
project.
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