Ambitious Development Faces Future Melbourne Planning Committee
Developers of one of this years largest planning applications have had the chance to speak up to the Future Melbourne Planning Committee, who have raised concerns over an intended mixed-use tower.
Located at 134-160 Spencer Street, Melbourne, the tower is expected to stand 284-metres tall.
Fragrance Groupe, owned by Singaporean Koh Wee Meng, purchased the site for $44.5 million and submitted initial plans in August, with a final amendment put forward in September.
The state body has requested further information in response to the request.
Designed by leading architect
Elenberg Fraser, the building will join 555 Collins Street and will see the demolition of the Savoy Tavern Bar.
Measuring in at 1,833 square metres, it will comprise 89 levels of residential and hotel suite apartments.
At 284-metres tall, the tower will house 990 apartments and 280 hotel suites.
According to Urban Melbourne, the building’s most likely hotel operator is
Situated on the ground floor will be 10 retail spaces ranging in size from 35 square metres to 47 square metres.
Level five will host indoor/outdoor communal facilities with strata offices, a restaurant, conference centre and function room plus fitness centre and gymnasium located through the podium.
Level 87 will also carry residential recreation facilities.
The balance of the tower is dedicated to the 990 apartments of one, two and three bedrooms.
For the lucky few, the top floor of residential living at level 86 will carry a majority of one-bedroom apartments, allowing for impeccable views without the penthouse price.
Image via Urban Melbourne
