Address:124-188 Ballarat Road Footscray,Melbourne, Australia
R & F Property Australia
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Today marks the official commencement of construction across the Kinnears site in Footscray.
After years of laying dormant, developer R&F Property Australia will turn the sod on the multiphased project which is valued at $750 million. Christened Live City, the development will see various aspects of the 1908 former Kinnears Ropeworks building retained or amalgamated into numerous residential buildings slated for the site.
Post purchasing the Kinnears site from AXF Group during 2016 for a reported $60 million, Live City represents R&F Property Australia’s first Melbourne project.
The developer confirmed intentions for the $500 million mixed-use precinct which spans 1.6 hectares. Expected to accommodate in excess of 1,000 apartments and a new public realm to the Brisbane River under the approved masterplan, R&F Property Australia are chasing adjustments to the masterplan which includes a public plaza and retail/restaurant spaces.
Ultimately the urban regeneration project may include as many as 1,450 apartments plus retail, commercial office space and multiple publicly accessible areas.