Inside South Melbourne’s new $160m luxury complex

Emerald Place at 182–200 Clarendon St, South Melbourne, has replaced a former Centrelink, Bank of Melbourne and tool shop. Picture: Lillie Thompson. A new $160m South Melbourne luxury residential and retail complex has been developed on the site of a former Centrelink and Bank of Melbourne branch. Prominent developers Lowe Living and INT.RE Kajima teamed up to complete the Clarendon St hub named Emerald Place, which also features commercial spaces and is next door to the South Melbourne Market. They’ve welcomed Soak Bathhouse’s second Melbourne venue as a tenant, with the wellness and therapy opening its doors on October 26. RELATED: Brighton: Eye-watering sales figure smashes Vic record Olympic champion Mack Horton sells South Melbourne apartment for $940k Victorian apartment approvals rise as new house dream pulls back Lowe Living was co-founded by managing directors Tim and Emma Lowe more than a decade ago. Nowadays, it has $1bn worth of developments in its portfolio including across locations including Brighton, Armadale, Hampton, Sandringham and Parkdale. Owned by Japanese giant Kajima Corporation, INT.RE Kajima is a property development and investment-led finance company. Eme...