HousingFirst, as Trustee of the Port Phillip Housing Trust, anticipates completing the 68-apartment redevelopment in mid-2027.
The redevelopment in Grosvenor Street will provide architect-designed, environmentally sustainable homes with modern amenities and beautiful shared spaces for residents to enjoy.
The Balaclava residences have been designed by H2o Architects, with construction services provided by GRC Buxton and project management overseen by Gallagher Jeffs.
Jan Berriman, CEO of HousingFirst, welcomed the government funding as a much-needed boost for the City of Port Phillip.
“During this housing crisis the demand for social housing in the City of Port Phillip has continued to grow. I’m delighted that this significant contribution from Homes Victoria will enable HousingFirst to more than triple the community housing at this location.
“With the homes being built to high contemporary standards, the returning and incoming residents will enjoy higher amenity and more sustainable homes that have lower energy costs.”
Background information supplied by Housing First
HousingFirst Ltd is an award-winning, regulated, not-for-profit organisation providing social and affordable housing to over 2500 people across Melbourne. HousingFirst has over 35 years of financial, property development, tenancy, asset management and community development experience to create some of Melbourne’s most attractive and liveable homes.
HousingFirst has managed the Port Phillip Housing Trust since being appointed Trustee by the City of Port Phillip in 2005. The Trust is an entity within the HousingFirst group.
The objective of the Trust is to provide affordable housing within the municipality of the City of Port Phillip.
Through good stewardship, HousingFirst has grown the Trust from 246 dwellings in 2005 to 439 dwellings in 2024, an 80% increase.
