555 Collins Street

555 Collins Street
The Federal Coffee Palace originally stood on the site, but was controversially demolished in the early 1970s.[1]
Interactive map of the 555 Collins Street area
General information
ClassificationCommercial
Location555 Collins Street, Melbourne, Victoria, Australia
Coordinates37°49′7.612″S 144°57′22.931″E / 37.81878111°S 144.95636972°E / -37.81878111; 144.95636972
OwnerCharter Hall
Design and construction
DeveloperCharter Hall
Website
https://www.555collins.com.au/

555 Collins Street is a site on the corner of Collins and King Streets in the Melbourne CBD, which has been the location of three buildings in its history. Its first building was the Second Empire style Federal Coffee Palace, a 650-room hotel built in the 19th Century. The hotel was eventually replaced by Enterprise House, an office building which, after falling into disrepair, was demolished by owners Charter Hall to make way for an 85,000 m2 (915,000 sq ft) two stage office development. It currently is the address of a modern office building.

History

1886–1970s: Federal Coffee Palace

Main article: Federal Coffee Palace

1970s–2019: Enterprise House

Enterprise House, a 92 m (300 ft), 25-storey modernist steel office building, replaced the Federal Coffee Palace. It was completed in 1976.[2] By the second decade of the 21st century, Enterprise House was one of many in the Melbourne CBD that had become dilapidated and vacated.[3] Harry Stamoulis, a Melbourne developer, gained special planning permission from Victorian Planning Minister Matthew Guy for a replacement building.[4][5] In 2013, he proposed an office tower 82 storeys and 404 m (1,330 ft) tall, which would have become the tallest building in Australia but was not well-received by city planners.[6][7] In 2014, Stamoulis sold the building to Singaporean property developer Fragrance Group for A$78 million.[8]

Fragrance Group proposed a 302 m (990 ft), 82-floor mixed-use building containing apartments, offices, and a hotel,[9] which was rejected by the new Planning Minister, Richard Wynne.[5] After unsuccessfully offering the property for sale,[10][8] Fragrance Group gained planning permission in 2016 for a 160 m (520 ft) apartment tower sheathed in glass, designed by Bates Smart.[4][11]

2019–present: Charter Hall redevelopment

In October 2018, Charter Hall, an Australian property investment group, bought the site[12] with plans to build two office buildings[13] in conjunction with the adjoining 55 King Street property which they already owned.[14][15] Demolition of Enterprise House began in May 2019,[16] and permission to build the two towers, the first to have 34 levels, was granted in April 2020.[17]

In December 2020, Charter Hall announced that it had secured Amazon as a major pre-commitment tenant and commenced construction of the new office tower.[18] The new office tower was officially opened in April 2024.[19][20] Other tenants include Bendigo Bank and Adelaide Bank.[21] A restaurant, Harriot, opened in the building in June 2025.[22][23]

See also

References

  1. ^ "Historic photo of the Federal Coffee Palace in Melbourne". Australian Broadcasting Corporation. 2 July 2014. Archived from the original on 18 April 2019. Retrieved 16 April 2019.
  2. ^ "Enterprise House". Skyscraper Center. Council on Vertical Urbanism. Archived from the original on 5 December 2024. Retrieved 23 February 2026.
  3. ^ Wright, Louisa (7 July 2016). "Empty buildings awaiting development to house homeless". Architecture Au.
  4. ^ a b Simon Johanson (9 June 2017) [7 June 2017]. "Enterprising Singaporean developer starts work on 555 Collins Street". The Sydney Morning Herald.
  5. ^ a b Clay Lucas (10 April 2016). "Labor overturns decision by Matthew Guy, slashing millions off prime city site". The Age.
  6. ^ John Masanauskas (23 April 2013). "One of the world's tallest building proposed for Melbourne's CBD". Herald Sun.
  7. ^ John Masanauskas (24 April 2013). "Super tower would overwhelm Yarra River, Lord Mayor says". Herald Sun.
  8. ^ a b Tabet, Ted (29 October 2018). "Charter Hall Snaps Up Strategic Melbourne CBD Site". The Urban Developer.
  9. ^ Simon Johanson (7 October 2014). "Multi-purpose super tower planned to rise to new heights above Melbourne's Collins Street". The Sydney Morning Herald. Archived from the original on 17 April 2019. Retrieved 17 April 2019.
  10. ^ Lenaghan, Nick (6 January 2016). "Fragrance scents an exit at 555 Collins Street". Australian Financial Review. Archived from the original on 6 February 2023.
  11. ^ Laurence Dragomir (31 May 2017). "Apartments galore set to breathe new life into the western CBD". Urban.com.au.
  12. ^ Nick Lenaghan (29 October 2018) [26 October 2018]. "Charter Hall swoops as Singaporeans exit in $140m Collins St deal". The Australian Financial Review. Archived from the original on 27 March 2019. Retrieved 17 April 2019.
  13. ^ "Projects: 555 Collins Street, Melbourne VIC 3000". Urban.com.au. Retrieved 16 April 2019.
  14. ^ Laurence Dragomir (7 November 2018). "555 Collins Street continues the commercial theme for 2018". Urban.com.au. Archived from the original on 17 April 2019. Retrieved 17 April 2019.
  15. ^ Dinah Lewis Boucher (19 April 2019). "Charter Hall Lodges Plans for $1.5bn Collins Street Development". The Urban Developer. Archived from the original on 11 November 2025. Retrieved 22 February 2026.
  16. ^ Simon Johanson (21 May 2019). "Charter Hall demolishes office, buys industrial shed". The Sydney Morning Herald. Archived from the original on 31 May 2020. Retrieved 5 November 2020.
  17. ^ "Charter Hall receives development approval for $1.5 billion Collins Street project in Melbourne". Commo (press release). 24 April 2020. Archived from the original on 18 September 2020. Retrieved 5 November 2020.
  18. ^ "Charter Hall secures Amazon to anchor new 555 Collins Street Project | Property News". Australian Property Markets News. 9 December 2020.
  19. ^ Lenaghan, Nick (14 March 2024). "How cool is your office? Come inside Amazon's Collins Street HQ". Australian Financial Review. Archived from the original on 20 July 2025. Retrieved 22 February 2026.
  20. ^ "Get an inside look into Amazon Australia's new office in Melbourne". AU About Amazon. 27 May 2024. Archived from the original on 7 September 2025. Retrieved 22 February 2026.
  21. ^ "Bendigo and Adelaide Bank moving out of Docklands". Green Street News.
  22. ^ Breheny, Emma (12 May 2025). "The next restaurant from the Tipo 00 crew is … not Italian". Good Food. Archived from the original on 25 July 2025.
  23. ^ "Harriot Is a Refined Euro-Inspired Bistro by the Tipo 00 Team". Broadsheet.
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