Been mentioned already, best to start a thread
The Singapore developer who last year applied to replace an 854-square-metre city block with a super-dense 567-unit residential building has amended plans to include 478 smaller flats.
The proposed new tower will rise 35 storeys and be wholly fitted with hotel rooms (which are popular with builders because they can be studio-sized, or have bedrooms that rely on borrowed light. They don't carry car parking requirements either).
In a mixed-use residential/hotel proposal lodged with the former planning minister Matthew Guy last August, a 58-level structure was to have included 447 tourist accommodation rooms.
The ALP's Richard Wynne is being asked to approve Well Smart Investment Holding's latest $90 million proposal. With a total gross floor area of 25,986 square metres, it is slightly too big for the City of Melbourne council to decide.
The low-rise former industrial property was sold by Clement Lee's Riverside Group of Companies for $15 million last May. When it was listed it carried a permit for a 39-level tower with 233 standard (i.e. non-hotel) flats.
Earlier this week, student accommodation group Iglu paid nearly $20 million for a 1548-square-metre block at 229-241 Franklin Street, at the city's northern tip.