New City Rd beacon

Another skyscraper is set to soar out of City Rd, after planning minister Richard Wynne gave the green light to Altus Development’s 62-storey proposal.

Designed by Moull Murray Architects, the 193-metre tower will include 441 apartments of which 130 will be serviced apartments.

While a builder is yet to be nominated for the project, construction is expected to get underway in October this year.

Altus Development director Tony Gilbert told Southbank Local News that he hoped the project would bring many benefits to the local area.

“We’re in a great position,” he said. “It’s located in a real growth area and future streetscaping of City Rd will increase residential and pedestrian amenity.”

“Being located right next to the casino, we also wanted to address the need for short-stay serviced apartments in Southbank.”

Apartment sales for the project will launch in April, with completion aimed for 2018.