Tower above Historic Bank Granted Development Approval
A $590 million mixed-use development has been approved, involving the refurbishment of Melbourne's heritage-listed State Savings Bank of Victoria and Batman's Hill Hotel.
The 42-storey tower scheme, designed by Plus Studio for developer Sterling Global, will feature 320 residences, with amenities including a pool, gym, and outdoor terraces.
- Location: 623 Collins Street, Melbourne's CBD, opposite Southern Cross Station
- Developer: Sterling Global
- Design: Plus Studio
- Residences: 320, with half being two-bedroom apartments
A proposal for a new $590 million mixed-use development rising from the former State Savings Bank of Victoria has been greenlit for development.
Author's summary: Melbourne's CBD to see new $590 million development.