Local Area Commercial & Residential Developments

Cato Square Development Project

The Cato Square development, is one of the largest, most ambitious and exciting construction projects ever delivered in the City of Stonnington. 

Cato Square is the $60+ million transformation of the old Cato Street car park in Prahran, located directly opposite Pran Central, into almost 10,000m² of multifunctional urban parkland with underground car parking.

When completed in 2019, Cato Square will provide urgently needed open space for passive recreation, events, festivals and markets in Prahran and will provide 20 per cent more car spaces for shoppers and retailers in the surrounding Chapel and Greville Street precincts.

Cato Square will become an iconic cultural and recreational destination for residents, traders, shoppers and visitors to Stonnington, with spaces for quiet contemplation or vibrant community events.


Prahran High School – 144 High Street Prahran

  • Status: Currently under construction
  • Expected Completion Date: January 2019
  • Project: 4 Storey Vertical High School for 650 students
  • Project Cost: $25M
  • Distance from Pran Central: Approx. 0.6Km
  • Developer: Victorian School Building Authority



The Jam Factory – 500 Chapel Street, South Yarra

  • Status: Development Announced 11 October 2017
  • Expected to be completed by: Late 2020
  • Cost of Development: $500 M
  • Usage: Retail, Cinemas, Dining and Office Space with capacity to house 5,000 employees
  • Active network of laneways connected by a central plaza
  • Distance from Pran Central: Approx. 0.5km
  • Developer: Newmark Capital



Royal Como Apartments – 663 Chapel Street, South Yarra

  • Status: Completed March 2018
  • Usage: 100 high level residential one to three bedroom apartments over 21 floors, retail and hospitality space on ground floor and office suites
  • Distance from Pran Central: Approx. 1.2kms
  • Developer: C&L International Holdings



ESQUE Apartments – 649 Chapel Street, South Yarra

  • Status: Construction commenced January 2018
  • Expected to be completed by: To Be Advised
  • Usage: 72 one to three bedroom apartments over 20 floors
  • Site Area: 488sqm
  • Distance from Pran Central: Approx. 1.1km
  • Developer: Mitraland - Malaysia
  • Builder: Veleo Construction 9686 2588



Hunter Prahran Apartments - 14 -18 Porter Street, Prahran

  • Status: Under construction
  • Expected to be completed by: March 2019
  • Usage: 89 one to three bedroom apartments over 4 floors
  • Distance from Pran Central: Approx. 0.9km
  • Developer: Itum



671 Chapel Street, South Yarra

  • Status: Approval granted
  • Commencement date: Yet to be advised
  • Expected to be completed by: Yet to be advised
  • Cost: $115M
  • Usage: 30 level Storey tower, 158 apartments, 2 levels of office space, retail and five levels of basement car park
  • Distance from Pran Central: Approx. 1.5km
  • Developer: Lantern River Pty Ltd



430 - 438 Chapel Street, South Yarra

  • Status: Planning and Assessment
  • Cost: $55M
  • Usage: 7 level mixed use on a 800m2 site, 550m2 of retail and office space over first two levels and 22 apartments above
  • Distance from Pran Central: Approx. 450m
  • Developer: Franze Developments and the Sampieri Group



Carlton Apartments - 3 -5 Carlton Street, Prahran

  • Status: Completion June 2018
  • Usage: 16 Apartments over 7 levels
  • Distance from Pran Central: Approx. 120m
  • Developer: MQ Property Group and QMAX Development



Noir Apartments - 8 Garden Street, South Yarra

  • Status: Now Completed
  • Usage: 2 level basement car park, Ground Floor 6 restaurants/retail tenancies, 10 levels comprising of 91 apartments
  • Distance from Pran Central: Approx. 500m
  • Developer: Dahua United South Yarra



Development Locations