Victoria approves The Falls development
The Victorian Government has granted approval for the construction of the new $195 million 71 storey at Queensbridge Street, Southbank.
Dubbed ‘The Falls’, the 236-metre building is expected to create over 600 construction jobs and, when completed, will be Melbourne’s fourth tallest building.
"The approval of The Falls is consistent with the Victorian Coalition Government's commitment to grow a greater Melbourne CBD and to continue the transformation of the city centre to a world-class, 24-hour city,” State Minister for Planning Matthew Guy said.
The development will see a total of 586 apartments constructed as well as a large ground level retail arcade. The development will also include communal meeting rooms, a north facing lap pool and spa as well as function rooms, lounges and bars for residents and guests.
Details of the proposal are outlined in the planning permit available at www.dpcd.vic.gov.au/planning/permits