The planning permit was revoked, and Jeremy McLeod, along with six other architects, had invested all their money in this project.
Jeremy McLeod spent weeks raising $2.7 million in equity for Nightingale 1. Six fellow architects agreed to invest $100,000 each, and he and his partner Tamara personally invested $500,000, borrowing against their apartment in The Commons. This was their only asset, and their investment was meant to show other potential investors their level of dedication and confidence in the project. ❌ But the permit got revoked. ❌
They faced a major setback when a neighboring property developer's objection led to a VCAT appeal, where the permit was ultimately revoked. However, they quickly reapplied for a new planning permit, this time including three car spaces to address the concerns raised by VCAT.
The reapplication received overwhelming support from the architectural community, and the media attention and public support significantly boosted interest in the Nightingale model, growing their waiting list from a few dozen to hundreds of interested buyers.
Emerging from the success of the neighboring apartment building The Commons, Nightingale 1 is the inaugural project of the Nightingale model - a replicable, triple bottom line housing model with an overarching priority towards social, economic, and environmental sustainability.
🔗 This was part of our Melbourne event in March. You can find his talk and the conversation on our website. www.architectsnotarchitecture...
However, this is part of the round table discussion and is not on our website. If you want the link, comment or send us a DM.
#architectsnotarchitecture #AnAtalks #architecture #jeremymcleod #breathearchitecture #australianarchitect #sustainablehousing #communitybuilding #housinginnovation #urbanplanning #VCAT