$750 million residential towers to enhance Melbourne business district

The Victorian State Government has approved a $750 million two-tower development on Queen Street in Melbourne’s Central Business District (CBD).

The two 79-storey towers at 350 Queen Street will include almost 1,600 apartments, 8,000 square metres of office and retail space, 554 car spaces, 603 bike spaces, a new childcare centre, a gym and a supermarket.

The development includes a mix of one, two, three and four-bedroom apartments, reflecting the growing demand for larger inner-city places to accommodate families.

The Planning Minister Richard Wynne said “good design that responds to the streetscape and provides for good amenity is critical and I’m pleased to clear the way for this project to proceed. This is a well-designed development that will provide new apartments for our growing city as well as new services to support that population.

See Urban Developer article.

See Urban Melbourne article & image credit.

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