In 2003 Six Degrees were approached by Federation Square explore the possibility of reactivating the neglected vaults area of the riverside in time for the 2005 Commonwealth Games. Federation Square representatives agreed to explore options of a mixed-use redevelopment. An appropriate tenancy mix was established, operators sourced and construction began.
The main challenges were the Heritage significance of the façade and vault structures, and providing adequate services delivery. The services delivery was achieved by making a channel in the floor that runs through all of the vault tenancies. The final stage of the project saw the insertion of the glass lift, completing the now buzzing precinct.
The result is a vibrant riverside destination, maximising use of a previously neglected area and providing a combination of public uses including hospitality, bike hire and boat tours with full disability access.
2008 Inaugural Planning Minister’s Heritage Award, Vaults Precinct
2008 Premier’s Design Award, Commercial Architecture, Vaults
2008 AIA (Vic) Melbourne Prize, Vaults Precinct