Looks like the taller version is a lock
Spencer Street turns into crime-fighting precinct
Spencer Street is set to become the crime-fighting centre of Melbourne with the state government agreeing leasing terms for a major new office tower next to the current City West police headquarters.
The Andrews government is expected within weeks to ratify a deal that will see super fund-backed developer Cbus Property deliver a new tower to house three elite law enforcement units.
Cbus owns a site at 311 Spencer Street in conjunction with Australia Post where it will build the multi-storey complex to house 65,000 square metres of gross leasing area.
Final details of the agreement were hammered out in late October, industry sources say.
The proposed building on Australia Post's old city mail sorting exchange is next door to the fortified $240 million City West Police Complex that Cbus built for Victoria's police force.
A large contingent of police personnel is expected to move into the building when the lease expires in 2020 at the World Trade Centre complex in Flinders Street.
They will be joined by the Australian Federal Police, who are moving out of a building at 383 La Trobe Street where Planning Minister Richard Wynne this week gave approval for a 70-level apartment skyscraper.
Some floors in the new police building will be devoted to the Australian Crime Commission, which currently occupies a Dexus-owned office at 452 Flinders Street.
The amalgamation of the high-profile list of A-grade government tenants into one office tower will make it a highly sought after asset if Cbus decides to offload the building, or a portion of it, to fund the development.