First 100-storey Approved for Melbourne

In the last week Victoria’s planning minister Matthew Guy has approved another three skyscrapers in Melbourne’s CBD.

The towers are a 75-level tower at 452 Elizabeth Street, a 54-storey building at 84-90 Queensbridge Street and the 319-metre tall Australia 108 in Southbank that will be the first 100-storey building in the southern hemisphere.

Australia 108 is being developed by Singapore-listed Aspial Corporation that also intends building an 83-level skyscraper in A’Beckett St, near Queen Victoria Market.

There are currently 49 skyscrapers proposed for Melbourne, 17 of which are set to be located at Southbank.

They include two towers entitled Platinum located in the heart of the Crown precinct in Melbourne – the first of 167 metres with 438 apartments and a second tower is of 147 metres. Developed by Salvo Property Group that has commissioned Brookfield Multiplex for the construction. Designed by Squillace Architecture, the $280 million building is scheduled for occupancy by 2016.

Plan Melbourne, the Victorian government’s metropolitan planning strategy, offers statistics that support Matthew Guy’s pro-skyscraper attitude. The strategy, which aims to direct the city’s growth, predicts the city’s population could increase to 7.7 million, necessitating approximately 1.6 million additional dwellings by 2051. The city is expected to require 480,000 additional apartments, according to Plan Melbourne.

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