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Property News

Chapel Street 'to benefit' from new planning controls

January 31, 2012

New planning controls could affect commercial property on one of Melbourne's most popular streets, according to the state's planning minister.

Matthew Guy noted that the amended planning scheme will affect Chapel Street, which is located in the City of Stonnington and encompasses Windsor, Prahran and South Yarra.

The majority of the street will be affected by a new Licensed Premises Policy, which will ban venues with a capacity of more than 200 patrons from trading after 01:00.

According to Clem Newton-Brown, member for Prahran, the policy will provide a boost to one of the city's most-loved streets.

He said: "This amendment will ensure Chapel Street's status as one of Melbourne's most popular nightlife hubs is sustained without the growing threat of alcohol-fuelled violence."

The updated planning controls to make the city safer safer complements liquor licensing reforms recently introduced by the state government.

On total, some 89,883 people live in the City of Stonnington, which boasts plenty of amenities for residents. In addition to the popular restaurants and bars on Chapel Street, it is also home to the Chadstone Shopping Centre - which is one of the largest shopping malls in the southern hemisphere.

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