After being rebuffed by the City of Perth in June, the Western Australian state government has approved Far East Consortium's plans for its $160 million "Perth Hub".
After more than four years in planning, WA Planning Minister Rita Saffioti approved the dual-tower design.
The project will feature a 32-storey mixed-use tower with 314 apartments and ground floor retail.
The first tower, rising 32-storeys, comprises 314 apartments and ground floor retail. The second, 23-storey tower, will house a 4 star Dorsett hotel with 263 rooms and a restaurant.
The Perth Link project is being developed by the Hong Kong-listed Far East Consortium who have been developing in Australia since the mid 90s.
Far East stepped in to take over the project when Thai-based developer Minor Group pulled out in 2015 over a design dispute.
Related Reading: City of Perth Reject Plans for Far East’s $160m 'Perth Hub'
This development has been through the approval ringer with council rejections due to safety concerns around vehicle access and the ground floor design.
However, after a redesign and an escalation to the state run Metropolitan Redevelopment Authority, the plans have been approved despite one building remaining 16 floors taller than the recommended limit.
"The Perth City Link project will create hundreds of jobs for Western Australians," Planning Minister Rita Saffioti said.
"As construction and development progress over coming years, we will see retail, hospitality and hotel operations continue to boost the State's economy.”
The development was approved with the view that it will contribute to the new urban character of the Perth CBD and surrounding areas.