Plans for Australia's tallest building have been approved by the Victorian Government in a bid to keep the state's development industry operating during the coronavirus pandemic.
The proposed 101-storey Green Spine building at 118 City Road – currently occupied by a BMW dealership - will tower more than 356 metres above Melbourne's CBD at Southbank.
The project is one of four, worth a total of $1.5 billion, that the Victorian Government has fast tracked in response to the coronavirus pandemic and its economic impact.
"We know that the building and construction industry is absolutely critical to the health of the Victorian economy — both direct jobs and the supply chain as well," Victorian Planning Minister Richard Wynne said.
Designed by UNStudio and Cox Architecture, the Southbank tower was approved alongside three other major construction projects including a 35-floor office tower at 555 Collins Street, and a 26-storey building, also for upmarket offices at 52-60 Collins Street.
The Green Spine will stand approximately 30m taller than the Gold Coast's Q1 building, which currently holds the Australian record, and 35m taller than Melbourne's yet-to-be completed Australia 108 tower.Malaysian-backed developers, Beulah International, describe the skyscraper as a mixed-use "lifestyle" complex that will include a 56-story tower with a matching helix design.
"It will be a place-making development holding luxury residential units, high-tech commercial offices, five-star hotel, a progressive entertainment centre, experiential technological display centres, a curated retail and cultural precinct, and public green spaces in a strategic location of Melbourne," Beulah's website says.
The Southbank tower is so tall that it will require approval from the Civil Aviation Safety Authority, will take about seven years to build and is expected to create 4700 jobs.
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