Under Construction

Park Modern

Park Modern is a A$500 million residential development on the northern edge of South Melbourne, looking across to the Royal Botanic Gardens.

Official Website
Verified Sep 29, 2026~2.2 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
09.25
Start
~2028
Completion
230
Units
17
Floors
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Details

11-27 Dorcas Street, Melbourne. 17 floors and 230 residences. Broke ground Sep 2025, targeting 2028.

The story so far
Announced Jan 2025Victorian government greenlights Time & Place's $500M Park Modern twin-tower scheme on Dorcas Street via the Development Facilitation Program
apartments.com.au
Broke ground Sep 2025Hacer appointed builder as demolition of the Dorcas Street site completes ahead of foundation works
theurbandeveloper.com
Under construction Sep 2025Under construction: demolition works complete and foundation works commenced with Hacer appointed as builder
theurbandeveloper.com
Sales launched Sep 2025Park Modern sales launch to the public with strong pre-sales recorded ahead of construction; specs backfilled at two 17-storey towers
southbanklocalnews.com.au
Builder appointed Sep 2025Time and Place named Hacer Group head contractor on the A$500m twin-tower scheme, with demolition of the assembled sites complete
theurbandeveloper.com
Expected opening 2028 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 27 · BalancedMelbourne marketMarket →
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About the project

Park Modern is a A$500 million residential development on the northern edge of South Melbourne, looking across to the Royal Botanic Gardens. Time & Place assembled four separate sites into a single holding to make it possible, and Bates Smart designed the result as two sculptural towers joined by a central garden bridge, in a register the developer describes as modernised Art Deco. The scheme holds 230 residences from one to four bedrooms, rising to sub-penthouses and a double-storey penthouse at the top, with the largest floorplans reaching around 300 square metres. Amenity runs to a wellness club with pool, spa and sauna, alongside a library and co-working space, with retail at ground level. Hacer Group is head contractor, and the site sits roughly 1.6 kilometres from the Melbourne CBD.

Developer & design
The Melbourne market 27 · Balanced supplySouth Melbourne 7-project pipeline · 2,045 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is Park Modern located?

Park Modern is located in Melbourne.

When will Park Modern be completed?

Park Modern is under construction, with completion expected in 2028 (a TMW estimate).

Who is developing Park Modern?

Time & Place is the developer behind Park Modern.

Who designed Park Modern?

Park Modern was designed by Bates Smart.

How big is Park Modern?

Park Modern rises 17 stories with 230 residences.