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Yarra City Council has rejected a development application submitted by Bamfa Properties for a $350 million commercial development, designed by Techne Architecture + Interior Design.
The news follows the sale of the neighbouring site to Charter Hall, which will become home to Australia Post.
Developer Adam Agosta says companies are relocating to the inner suburbs of Melbourne because of the in-built amenity and significantly cheaper rents.
Australia Post in post-pandemic move to new Richmond HQ Weâre sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Australia Post has signed a deal with property powerhouse Charter Hall to anchor a new corporate headquarters in Richmond, a move that would make the parcel-and-post giant the first big corporate tenant to defect from Melbourneâs CBD in the wake of the pandemic. The Agostaâs gained planning approval for a $130 million, 13-storey office. Credit: Charter Hall has stitched up a deal to house Australia Post ...