Chora: $180M Revamp of Holy Monastery

A $180 million revamp of the Holy Monastery of Axion Estin in Northcote, Melbourne, is transforming a historic site into a vibrant hub. The project includes a boutique hotel, amphitheatre, restaurant, early learning center, apartments, and townhouses. Ten million dollars from the federal government, along with church funds and property sales, will fund the project. The church will set aside three percent of new dwellings for affordable housing, meeting the minimum threshold. The Greek community is excited about the inclusive space named Chora, while nearby residents express concerns about the high-end vibe. Architect Billy Kavellaris assures traffic experts have approved the parking, and amphitheatre events will remain small-scale. The church plans to expand similar housing collaborations on other Victoria lands. The permit decision lies with Planning Minister Sonya Kilkenny. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/50ec8f36868aed2c