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While the suburb rezoning was taking place, JTX was also boosting the value of the site, by replacing proposed apartment redevelopment plans which came with the site, with something substantially more sizeable. When JTZ settled on its $8.3 million for the property, it came with development plans – not a permit – for a five-level building. In October JTX lodged and was later approved to replace the 8285 square metre site at the south-west corner of Linden Street with what was reported as Ivanhoe's largest mixed-use project. Bellelle, as it was branded on JTX's website, includes an 11-storey tower containing 244 flats, 180 aged care dwellings, a childcare centre, offices and shops. The proposed landmark – with an internal area of 36,000 square metres – is as big as many CBD skyscrapers. A worker outside the Swire Cold Storage plant. The permit was approved after an earlier application by JTX did not proceed for a 16-storey complex with 224 apartments, 151 aged care dwellings and a 156-room hotel. CBRE's Scott Orchard, Julian White and Mark Wizel marketed the Bell Street property for JTZ, which has offices in Thornbury and Shanghai. It is trading to Blue Earth Group which last year, following an off-market deal, paid $15.4 million for a Brunswick West property at 1-5 Olive York Way, which has since been replaced with an apartment building.
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