Global property owner and developer Hines is planning on bringing its T3 brand to an inner-city suburb of Melbourne. The timber, transit and technology development will scale 12 storeys above a corner property in Collingwood purchased for $28.5 million AUD, according to The Urban Developer.

T3 Melbourne, image via Hines

Jackson Clements Burrows Architects was assigned by Hines to design the $200 million AUD office development, which will be constructed using prefabricated timber. The project will be the firm's first in Australia, having established a presence in the country in 2012 with $125 million in assets currently under management.

Population growth in Melbourne has fuelled a significant building boom that has spread to suburbs in the region. Numerous corporations have set up shop in Collingwood, including Swisse and Aesop, as a number of other highrise projects and warehouse conversions reshape the precinct. The property bought by Hines at 36-52 Wellington Street is currently occupied by one of the ubiquitous warehouse buildings found throughout the suburb.

The subject property, image retrieved from Google Street View

Hines' inaugural T3 project was completed in Minneapolis in 2016. Since then, the company has unveiled similar proposals around the world, most recently on Toronto's waterfront

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Related Companies:  Hines, Jackson Clement Burrows Architects