In 2019 Pace Development celebrated its 100th residential project delivered, marked by the settlement of Pace of Collingwood.
Over the company’s 27-year lifespan, Pace has led the evolution of Melbourne’s urban fabric, delivering 2,011 homes and 95 commercial spaces across 100 project triumphs.
Some of the founding principles that shaped Pace’s early developments are still prevalent in the business today. Read on to discover more about the Pace difference.
A winning formula
Pace’s founder and managing director, Shane Wilkinson, attributes this exceptional milestone to the fully integrated developer-builder model of the company and the tireless work of Pace’s team that continue to produce award-winning developments in Melbourne’s most sought after locations.
“To have delivered 100 outstanding developments is a true testament to the strength of Pace’s developer-builder business model, the integrity of our dedicated staff and the much-valued support of our Melbourne community”, said Wilkinson.
Shaping the city we love
Getting in at the ground level of the multi-res boom, Shane became one of the pioneers of the off-the-plan movement during the late 1990’s and has remained a key leader of Melbourne’s urban advancement since.
“Since Pace was established, Melbourne’s population has grown significantly and the way we live has had to evolve quickly”, said Shane.
“We are proud of the role we have played in developing the Melbourne cityscape and making it what it is today”.
Making home ownership achievable
An early adopter of the best-in-class builder-developer model, Shane established Pace determined to inspire a new standard of living in Melbourne and keep the home ownership dream alive.
“27 years ago, it was evident to me that the city of Melbourne was going to boom, and with that would come changes to the way people live here”, said Shane Wilkinson.
“I wanted to deliver relevant projects that would play a role in cultivating the city’s urban landscape, promote a sense of community and improve the lives of individuals – 100 projects later that’s exactly what we have done”.
Melbourne born & bred
Pace has remained true to its proudly Melburnian roots, choosing to develop in Victoria’s heartland alone. Pace currently has 63 apartments, 16 retail spaces and a commercial office tower under construction, as well as 1,758 more apartments in the pipeline. The company continues to uphold its ongoing commitment to the city of Melbourne and the communities which make it the world’s most liveable.
Unlocking Melbourne’s most coveted sites
Shane’s ability to recognise development opportunities and capitalise on site potential has seen Pace grow, quickly scaling from townhouse and boutique developments to large-scale multi-residential ventures in tightly held pockets of suburbs including Bayside, St Kilda, Northcote and Abbotsford.
The company led expansion into new suburban territories, introducing new ways of living in suburbs such as Carnegie, Doncaster East and most recently Blackburn and Ascot Vale, most of which proudly carry the ‘Pace of’ moniker.
“Pace has steadily maintained momentum, turning out quality developments to respond to the city’s population growth and changing buyer demands”.
A vision for the future
Pace continues to proudly stand out on its own, celebrating an extraordinary execution of 100 residential projects now completed.
As happy purchasers unbox their belongings, mount paintings on the wall and get comfortable in their new homes, Pace continues to do as it has always done, approaching the market with curiosity and asking itself “where to next?”
Kicking off Pace’s next century of projects, the industry-leading company will soon unveil its highly-anticipated plans for its Flemington site, a never before seen project on the grounds of Melbourne’s famous Flemington Racecourse.
“We will continue to be proudly Melburnian and deliver projects in this city, ensuring each and every one on of them meets the exceptional standard people have come to expect from us”.