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That's Built · Building report

Iglu

229-241 Franklin Street, Melbourne VIC 3000
Generated 8 November 2026
Student accommodation · Student Accommodation
76 mheight
24floors
2018completed
0businesses
1permits

Development milestones

Planning application2015Planning application TP-2015-580 lodged
ApprovedBy 2018Planning permit granted (exact date not recorded)
Construction startedFeb 2018First major construction permit issued
First occupantsFeb 2018First occupancy permit issued
Completed2018Iglu completed: 24 floors

Building team

Developer
Iglu
Architect
Bates Smart
Builder
Hacer Group
Sales agent
Savills

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, PO1
Strata plan
PP5514B · 1 lots
Scores
🚆 9 · ☕ 6 · 🌳 8 · ✨ 5

Timeline

2019Council census records it as student accommodation, 24 floors
Name recorded: Iglu
20194 certificates
Largest: Stage 3 – In Ground Plumbing, Basement, Ground & Level 1 Slab, All Vertical structure including jump form.
By 2018Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
2018Iglu completed: 24 floors
Derived from City of Melbourne Development Activity Monitor
Feb 2018First major construction permit issued
Derived from City of Melbourne building permits
Feb 2018First occupancy permit issued
Derived from City of Melbourne building permits
20182 certificates
Largest: Proposed Iglu Student Accommodation
2017Council census records it as unoccupied - under construction, 1 floors
20161 building permit · about $68.5m of new works
Largest: Stage 1 - Demolition of Existing Building
2015Planning application TP-2015-580 lodged
Derived from City of Melbourne Development Activity Monitor
Apr 2015Iglu buys Queen Victoria Market development site for $20 million
Student accommodation group Iglu acquired a 1,548 sqm development site at 229-241 Franklin Street near Queen Victoria Market for about $20 million, reportedly at roughly $12,500 per square metre. Savills agents handled the sale. The article was dated 16 April 2015.
2010Council census records it as unoccupied - unused, 1 floors
2002First council census entry: storage, 1 floors

Building permits and certificates (7)

Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.

24 Aug 2019Stage 3 – In Ground Plumbing, Basement, Ground & Level 1 Slab, All Vertical structure including jump form.$68.5m
24 Aug 2019Stage 5 - Levels 3-23 & Roof Plant deck$68.5m
12 June 2019Stage 4 - Slab Levels 1 & 2$68.5m
12 June 2019Stage 6 - Architectural Works and Services$68.5m
26 June 2018Proposed Iglu Student Accommodation$68.5m
08 Feb 2018Stage 2 - Pile caps and capping beams$68.5m
06 June 2016Stage 1 - Demolition of Existing Building$183k

Questions and answers

Is Iglu residential or commercial?
Iglu is student accommodation. The City of Melbourne lists its main use as student accommodation.

When was Iglu built?
Iglu was completed in 2018.

How many floors does Iglu have?
Iglu has 24 floors above ground.

Does Iglu have hotel or student accommodation?
The City of Melbourne records 691 student beds at Iglu.

Who designed and built Iglu?
Iglu developed Iglu, Bates Smart designed it and Hacer Group built it. The building team section has the sources.

How tall is Iglu?
About 76 metres, measured from the City of Melbourne's 3D building model. It's number 174 of 1596 buildings in Melbourne by height.

What public transport is near Iglu?
Flagstaff Station is the nearest train station, about 4 minutes' walk. The nearest tram stop is Franklin St/Peel St #8, about 2 minutes' walk.

What is the planning zone for Iglu?
The site is in the Capital City Zone - Schedule 1 (CCZ1).

Does Iglu have an owners corporation?
Plan of subdivision PP5514B has 1 lot.

Has any work been done on Iglu recently?
The City of Melbourne has issued 1 building permit for Iglu since 2016. The most recent was in June 2016.

Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); CLUE business establishments (CC BY 4.0); Development Activity Monitor (CC BY 4.0); Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). General information from public records, not legal, financial or building advice.

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