Bangs Street, Prahran is located 5km from the city centre of Melbourne in the City of Stonnington, close to Prahran and Windsor railway stations, and multiple tram and bus routes, hospitals, education facilities, employment and support services.
The renewal of Bangs Street will replace old housing that does not meet the needs of those who live there with well designed, attractive homes that improve the local area.
The design of the new site incorporates input from the community and will feature modern sustainable design with improved open space and other features that everyone can enjoy.
City of Stonnington.
- Safe and publicly accessible open and green spaces are a key feature of the redevelopment, including 1,500 sqm of new open space providing a connection between Bangs Street and Bendigo Street. This open space will create better access and visual connections through the Bangs Street area for pedestrians and align with Stonnington City Council’s Mount Street Master Plan.
- On the ground floor, there will be new commercial uses that activate the public realm and contribute to the redeveloped estate, including shared spaces for community activity such as an artist studio.
- The project will promote good design, high quality landscaped open space and will incorporate the Office of the Victorian Government Architect involvement and expertise in the development of design proposals for the site.
- The project will incorporate environmentally efficient design, meaning the homes will be more comfortable as well as less expensive to heat and cool carrying a 5-star Green Star rating and a 7-star NatHERS average rating.
- Durable, high-quality materials will be used in public spaces (including furniture, surface materials, lighting, and landscaping) to reflect the history and character of the area.
- The redevelopment will include a range of dwellings including 1, 2 and 3 bedroom homes, responding to the changing needs of Victorian households.
- The site will be required to achieve a 50:50 split of social to market rental housing.
- All new social housing will have a minimum Silver level certification from .
- At least 5% of the new social housing homes will be easy to access for Victorians with disabilities. This includes drop-off areas, paths, lifts and car parking. Inside the home, kitchens, bathrooms and storage will also be very accessible.
- Further information is available on the website.
The Bangs Street site is part of the larger Prahran Housing Precinct.
In December 2016, the Minister for Planning approved the Prahran Housing Precinct Development Plan:
The next step will be to prepare a planning permit application.
Who will be financing, designing, constructing and managing the new housing?
A not for profit project group overseen by Homes Victoria will finance, design, construct, maintain and manage new housing at the site in agreement with Homes Victoria’s project requirements and specifications.
The project group is made up of:
- (a Registered Housing Agency) as the equity provider and operator
- (National Housing Finance and Investment Corporation) as the debt provider
- as bid lead and financial advisor
- as the builder
- as development and property advisor.
Ground Lease Model
In a first of its kind for social housing in Victoria, this site will be delivered through a Ground Lease Model.
Through a partnerships approach, vacant land will be leased to a not for profit project group who will finance, design, construct, maintain and manage the sites for 40 years, before handing all land and buildings, back to Homes Victoria.
Community engagement is an important element of the project. The department has established a Community Committee for the redevelopment of the Prahran site.
The committee, chaired by Judith Klepner, brings together important community members and representatives of local organisations to provide advice on the redevelopment of the site. It enables ongoing and two-way feedback through participation with community and the stakeholders.
Members of the committee provide advice and feedback on redevelopment plans and identify local issues and matters of concern as they arise. Members will communicate the progress of the redevelopment back to their communities to support the successful delivery of the project.
Reviewed 01 July 2021