Stage one of Ascot Chase, a new residential development in the heart of Ascot Vale, will be released to the public in 2009.
The $250 Million project, just 7km from the Melbourne CBD is lead by the community creation company Urbex.
The 17-hectare site is located on the former Orica Research Facility within minutes of the picturesque Maribyrnong River.
Urbex Chief Executive Russell Thomson says the project will provide a range of innovative architecturally designed living options.
"Ascot Chase will offer what other developments only dream about. The opportunity to buy a luxurious home just minutes from the city in an exclusive residential environment," said Mr Thomson.
"We have brought together some of Melbourne's leading residential architects to create a range of homes unique to Ascot Chase. The residences will be sleek and sophisticated and will include leading-edge technology, high quality finishes, contemporary craftsmanship and intelligent design concepts."
Significant planning will also go into the streetscape design to ensure the homes sit comfortably within the existing residential environment and distinct Ascot Vale architecture.
"We have introduced unique, low density housing zones in the sections of the development that face established homes to blend in with the current landscape," said Mr Thomson.
"In addition, the existing surrounds will be enhanced with parks, gardens, reserves, pedestrian and bicycle pathways and carefully designed streetscapes."
Ascot Chase is located close to a range of Melbourne landmarks, including the Flemington Racecourse, the Melbourne Showgrounds, the Essendon Rowing Club, and Highpoint Shopping Centre.
Residents will have access to well-established community facilities including a village green, golf course, tennis courts, public libraries, restaurants, shopping and public transport.
"It is not often that such an exclusive piece of residential land becomes available so close to the city," said Mr Thomson.
Urbex is a wholly-owned subsidiary of the privately owned national property development and community creation company, the BMD Group.
Since its establishment in 2003, Urbex has been quick to establish itself as a major force in the national development market.
The company prides itself on creating innovative living environments that set new benchmarks in urban design.
Urbex has offices in Sydney, Melbourne, Brisbane, Adelaide, Townsville, Cairns, Darwin and other regional locations.
To find out more about Ascot Chase, register your interest now to ensure you do not miss out on this exclusive development.