GROUND has been broken on a nine storey, $82 million development on Plowman Place.
The Horizon apartment complex, at 1-2 Plowman Place, is expected to be complete by mid-2023.
Urban DC developer Danny Ciarma visited the site with Frankston councillors recently to help prepare for the start of construction work. “I definitely have seen a change in Frankston over the last few years. There has been a groundswell of desire of business people wanting to do more,” he said.
“I think Horizon is one of those projects which will definitely kick start this movement and demonstrate to the business community that you can do wonderful things in Frankston and the council is behind you to support you. There is a market there. For any business venture, there is a population craving greatness in Frankston.”
The mayor Kris Bolam said “a growing number of people want to live and invest locally, with recent realestate.com.au data ranking Frankston the third most in demand Victorian suburb for people looking to purchase homes.”
“We are poised to build Frankston’s future through advancing impressive, city shaping projects like these ones, which will boost our economy by creating jobs, housing, workplaces and infrastructure for the community,” he said.
Plans for a building containing 79 apartments were approved for the site in March 2020. The developer had originally submitted plans for an eleven storey building, which would feature 100 apartments and an infinity pool. Those plans were later amended (“Apartment block approved” The Times, 20/4/2020).