Are the critics "sad" that Carlton project has been approved? The official report (from Planning Department) is attached as PDF below.
Based on the news article below, Mr Guy seemed to be telling the Council Planning Staff to go and
"Fly Kite".
Probably, CES would have to make a formal announcement soon on the approval given to Carlton project to proceed.
It is very likely that both Doncaster and this Carlton projects would be launched very soon.
Double Happiness !
***
http://www.theage.com.au/victoria/hypocr...1clyb.html
A planned skyscraper will overshadow the State Library forecourt, after a "hypocritical" decision by Planning Minister Matthew Guy to approve a 71-storey apartment building.
Lord mayor Robert Doyle had opposed the tower for the former Carlton and United Breweries site, arguing it was wrong to overshadow the popular public square, even for as little as two minutes. "The forecourt is one of [Melbourne's] great treasures and it so well utilised and it's not overshadowed at all," he said.
The State Library forecourt is one of just a handful of Melbourne landmarks which has protected access to sunlight. According to Clause 22.02 of the planning scheme, new developments should not cast a shadow on the space between 11am and 2pm on June 22 (usually the shortest day of the year).
But a spokeswoman for the Planning Minister said a forecast five-minute impact on the forecourt during that period had been deemed acceptable "for a discretionary planning control".
It is understood the approved tower will begin overshadowing the forecourt at about 1.55pm during the winter solstice. Melbourne City Council modelling for the original application showed that by 2.15pm the forecourt was almost fully in shadow.
The tower approval was announced by the minister in the Herald Sun on Saturday with no reference to the controversial overshadowing of the forecourt. At the same time Mr Guy said he had rejected a 100-level Collins Street tower because it would have overshadowed the Yarra River, a plan Melbourne councillors had narrowly endorsed because it would have delivered a promised new park on the site.
Greens councillor Rohan Leppert said he believed it was "a little bit hypocritical" to reject one tower on the basis that it overshadowed an important public space, while approving another.
"The big problem with all ministerial applications [is that] the decision is made behind closed doors," Cr Leppert said. "The public can't see what the professional advice was. The whole thing is just unsatisfactory."
A request for Mr Guy to further explain the reasoning behind his two decisions went unanswered on Monday, as did questions to the planning department about the Victoria Street tower permit conditions.
Meanwhile, Melbourne City Council recently approved a 33-level apartment adjacent to the State Library forecourt, but a council spokesperson said it did not breach the planning scheme's overshadowing regulations.
(02-08-2014, 07:41 AM)BlueKelah Wrote: Skyscraper faces tall order over Melbourne City Council's shadowing decree on special seven
July 31, 2014
A 77-storey silver skyscraper planned for Carlton is likely to be opposed by Melbourne City Council because of a little-known decree in its planning scheme.
There are seven public spaces in the city considered to be so special that they cannot be overshadowed by new high-rises.
They are the north bank of the Yarra River, Federation Square, City Square, Queensbridge Square, St Paul’s square and the State Library of Victoria forecourt. The south bank of the Yarra is also is also specially named in the planning scheme as being protected from overshadowing from the CBD and Docklands.
Next week one of these rules will come into play when the city council considers whether to support the construction of a 236-metre high-rise on the corner of Victoria and Bouverie streets, former home of the Carlton and United Breweries.
The tower would overshadow the state library forecourt, located about half a kilometre away. According to council’s 3D computer modelling the first shadow would creep into the square at exactly 1.56pm on June 22.
Council planning staff say this is an instant deal breaker.
“Notwithstanding the many other merits of this proposal, the development cannot be supported in its current form on that basis of this issue alone,” they wrote in a report submitted to councillors.
“In addition to the shadowing of the state library forecourt, the proposed tower will also cast shadows on Victoria Street, Swanston Street and Elizabeth Street to La Trobe Street.”
Read more Here
For investors to decide impact on CES. Councils are a pain when developing in Australian CBD.
Fundamentals wise I still think CES has good fundamentals.
To be a value investor, I don't think it would pay to be fickle-minded especially after doing all the research and buying a stock for cheap. I will try to be humored by fickle minded posts in the future as they don't seem to be of much VALUE(pun intended) to members reading and deciding on their investments.
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