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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