The SouthbankONE apartment tower has won the prestigious Housing Industry Association’s Victorian Apartment Project of the Year Award 2011.

The awards recognise excellence in the housing industry and celebrate the best in construction, design and innovation across Victoria.

Central Equity has developed more than 60 per cent of the homes in Southbank and says it is proud of its contribution to the precinct’s transformation into a residential area.

SouthbankONE features a contemporary glass and steel exterior, with clean, sharp lines designed to enhance the landmark site. The 37 storey building comprises 317 apartments and approximately 5,000 square metres of retail and office space, including the Central Equity Group corporate headquarters.

To help service the rapidly growing Southbank population ground floor amenities include a retail grocery and fresh food store, furniture showroom and Italian restaurant which complement the many service industries already established in the area.

HIA Victoria's November press announcement notes:

“Consideration was given to all apartments to ensure their orientation maximises light and views through floor to ceiling windows.

“Double glazing ensures the apartments enjoy a high level of acoustic and thermal performance. In addition, all apartments enjoy access to private balconies or terraces.

“Architecturally, the building was conceived as a crystalline glass tower with its facetted form expressed in differing coloured glass; which together with the seductively lit entry foyer was described by the judges as the 'wow' factor.”