In a city facing unprecedented challenges, Melbourne’s commercial landscape has transformed dramatically since 2020. With CBD vacancy rates hovering around 20% compared to pre-COVID levels below 6%, creating enduring tenancies has become the industry’s pressing challenge. Yet amid this downturn, Riverlee has defied the odds at 179 Queen Street in Melbourne’s commercial and legal precinct,…
In an era where environmental responsibility is paramount, Riverlee demonstrates its dedication to sustainability, proving that excellence in property ownership and development, and environmental stewardship can flourish together. Our recent accomplishments underscore a commitment to creating lasting, positive change in the communities we create. A landmark achievement in our sustainability journey has been securing Carbon…
Seafarers: A Collaborative Vision for Urban Renewal Nestled beside the Yarra River, a collaborative effort is underway to reimagine a long-dormant space. The Seafarers precinct, soon to be home to Australia’s first 1 Hotel & Homes, represents Riverlee’s approach to thoughtful urban renewal – a commitment that starts with choosing the right partners. In our…
Melbourne’s skyline has gained a striking new addition as the installation of the Seafarers façade is now complete, marking a significant milestone in precincts development journey. Travellers along Wurundjeri Way and those strolling down the Yarra River promenade will now see Seafarers standing proud, transforming the once forgotten heritage-listed Goods Shed No.5 into a $600million…
Good Cycles, a social enterprise on a mission to create meaningful pathways for young people facing barriers to employment, has partnered with Riverlee at New Epping to look after the maintenance of the landscape. We sat down with Good Cycles’ General Manager of its Good Spaces division Matt Collins to have a conversation about the…
Building on an incredible first half of 2024, we’re excited to share new achievements that bring our vision for thoughtful urban renewal to life, from Seafarers’ striking new façade, to new partnerships at New Epping, and refurbishment works at 379 Collins Street. We’re especially proud to celebrate our Chairman, Clement Lee OAM, and my father,…
Half-way through 2024, we are celebrating a series of milestones, launches, upgrades, and more, as our projects and impact initiatives come to life. At New Epping, we recently marked the launch of the New Epping Health Hub, a precinct dedicated to health, healing, and innovation. Seafarers achieved two monumental milestones in May; the topping out…
Creating thriving communities is the enduring focus of everything we do at Riverlee. We believe that fostering connected vertical communities starts with ensuring our tenants feel engaged, by forming genuine relationships within their building community and with us as landlords. As part of Riverlee’s ongoing commitment to supporting our communities, we host a number of…
Nestled in the vibrant Seafarers precinct, the transformation of the historic Goods Shed No.5 into 1 Hotel & Homes Melbourne highlights Riverlee’s commitment to thoughtful urban renewal.. This development represents a perfect blend of preserving Melbourne’s heritage and pushing forward with innovative sustainability. The project centres around the adaptive reuse of the Goods Shed, which…
We are excited to announce two significant milestones in the Seafarers project, marking key moments in the transformation of this iconic Melbourne site. Groundbreaking: Bringing History to Life After years of planning and anticipation, construction has officially commenced at Seafarers Rest, Melbourne’s newest riverfront park, and was celebrated with a groundbreaking ceremony attended by Lord…
The Seafarers precinct is one step closer to completion, with construction beginning on Seafarers Rest – Melbourne’s newest riverside park in the CBD. Construction is officially underway at Seafarers Rest, a key milestone in the Seafarers journey and the rejuvenation of the city’s underutilised maritime district. Riverlee celebrated the milestone with a groundbreaking ceremony attended…
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