Plans to build Australia’s tallest tower have been given the green light, which is expected to create 4700 construction jobs and provide $1 billion additional investment for Melbourne’s building industry.
The $2 billion project received unanimous support from the City of Melbourne’s Future Melbourne Committee and the Victorian Government.
Upon completion, the tower will be 365 metres tall, and aims to be a vertical village spanning a total of 270,00 square kilometres.
City of Melbourne Lord Mayor Sally Capp said the project was a huge vote of confidence in Melbourne at a time of economic uncertainty.
“This will be Australia’s tallest building when completed and the project includes a sky garden that will have some of the best views in Melbourne,” Capp said.
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“The rippling style of the building is unique and will be a striking addition to Melbourne’s skyline.”
It is being led by Melbourne developer Beulah, which expects the project to create 3259 new ongoing direct jobs through offices, retail, entertainment, hospitality and childcare. The project is also expected to grow the working population of Southbank by eight per cent.
The application was initially lodged in August 2019 and outlined plans to offer users a connection to nature within an urban environment.
Southbank by Beulah will comprise four collections of private residences, public and green spaces, rooftop sky garden, town hall, commercial offices, a five-star urban resort, childcare centre, health and wellness precinct, arts and culture spaces and retail within two twisting terraced forms.
The spine twists into a series of outdoors spaces and green devices along the facades of the two towers to pay homage to Melbourne’s title as The Garden City.
Pocket parks will be a focal point throughout the building, connecting neighbourhoods within the residential tower and aiming to provide residents with a sense of community and a place to relax.
City of Melbourne’s Planning Portfolio Chair Nicholas Reece said Beulah will be an amazing addition to Southbank.
“The team behind Beulah are relative newcomers to Melbourne but they have worked to deliver a design that is both elegant and delivers community benefits for Southbank,” Reece said.
“We sometimes hear people in this city say, ‘Melbourne has never seen anything like It’. That is often said with a little bit of exaggeration but think we can confidently say ‘Melbourne has never seen anything like Beulah’.
“It’s not just about the height – so much thought and effort has gone into the design and the green space. The apartments will provide a high level of amenity for residents along with services such as bike and car parking, a childcare centre, retail, hotel and office space.”
Cox Architecture Director Philip Rowe said Southbank has laid somewhat dormant for many years.
“Our collaborative concept has the ability to truly uncover its potential, improving the urban amenity while seamlessly unifying the suburb with Melbourne’s CBD,” Rowe said.
“The architectural and cultural impact Southbank by Beulah will leave on Melbourne is an exciting prospect and will undoubtedly set a benchmark both locally and globally, both now and well into the future.”
Construction is expected to begin in 2021 and will take around five years to complete.