As Ryan mentioned new planning app in this week and demo has begun
Tall towers loom over key Melbourne gateway
Four large apartment towers up to 34 storeys tall will be built on a key Melbourne gateway on the Yarra River next to Spencer Street under ambitious plans lodged with the state government.
Private developer Clement Lee's Asset1 Group is seeking approval for the huge $200 million residential development tucked behind the Crown Plaza Hotel which will have up to 1162 apartments, planning documents show.
Parts of the former Melbourne Convention Centre will be demolished to make way for the new structures, but the 13-level Crown Plaza which overlooks the Yarra will remain intact.
The new buildings will also include 1321 square metres of retail space on two ground level podiums and 461 car parking spaces.
Asset1's four new towers replace a previous proposal for two commercial buildings on the site that were approved by Planning Minister Matthew Guy in 2012.
The commercial towers were expected to rise 23 storeys above the river and create a more bulky structure than the residential towers.
The plans come amid a building boom of city apartments and debate about tall towers that have the potential to overshadow the Yarra River.
601 Flinders St and 7-23 Spencer St, Melbourne
Site area 8,486sqm