Summary:
- A $300 million student accommodation tower with 892 beds across 26 levels is set to rise on Little Bourke Street in Melbourne’s CBD, addressing the city’s growing student housing shortage amid a wider rental crisis.
- The development retains the historic facade of the 1864 Great Western Hotel, a move that has sparked debate between heritage critics and proponents of urban density in Melbourne’s evolving cityscape.
- Scheduled for completion in 2028, the project includes shared amenities such as a gym, cinema, and study areas, alongside new retail spaces and improved pedestrian connections, aiming to revitalize an underutilized area between Little Bourke and Lonsdale streets.
Original article:
https://www.realestate.com.au/news/historic-melbourne-pub-to-anchor-new-300m-skyscraper/
