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Wednesday, December 19, 2012

Chip Eng Seng’s Aussie unit gets official go-ahead to develop Tower Melbourne

Source: http://www.theedgesingapore.com/the-daily-edge/business/42031-chip-eng-sengs-aussie-unit-gets-official-go-ahead-to-develop-tower-melbourne.html

WRITTEN BY THE EDGE   
TUESDAY, 18 DECEMBER 2012 18:40

CEL Australia, a wholly-owned subsidiary of Chip Eng Seng Corporation, said it has received the Australian’s government approval for its A$170 million ($218 million) residential development located on the prominent corner of Bourke and Queen Streets in Melbourne’s CBD.

Designed by renowned Australian architects Elenberg Fraser, the 71-storey building is named Tower Melbourne.
Tower Melbourne will have 581 residential units, comprising a mix of one to three bedroom apartments, town homes and penthouses. It will boast a high-end retail and dining area of 770 sq m on Level 1. The exclusive development will also have a Health Club on Level 14 featuring a 25m pool, spa, sauna, steam room, day beds and a gym with yoga and group fitness areas. The Tower Club on Level 43 will feature a garden terrace, communal lounge and dining areas, a kitchenette and a reading room.

Tower Melbourne is CES’ second residential development project in Melbourne. Its first, the 388-unit 33M, located on Mackenzie Street, was completed in October 2012.

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