Australia’s tallest building gets green light

by Sophie Berrill
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STH BNK by Beulah

STH BNK, a twin tower project from Melbourne property developer Beulah, received the green light from the Victorian Planning Minister last month, keeping it on track to become Australia’s tallest building.

The City of Melbourne’s Future Melbourne Committee originally gave this $2 billion project unanimous backing in April 2020, with the hope it would “revitalise” Southbank – the city’s arts and culture precinct – for present and future generations.

“This project is awe-inspiring and jaw-dropping,” Lord Mayor Sally Capp says in a recent LinkedIn post.

“It will challenge all future developments to not only consider but to conquer, the incredible.”  

What is STH BNK by Beulah?

STH BNK is planned for development on 60 Southbank Boulevard, and comprises two spiralling green towers. At 365 metres, the East Tower is set to claim the title of Australia’s tallest building as well as the tallest vertical garden in the world. 

Set among its two skyscrapers and ‘activated podium’ will be four distinct collections of private residences, a Four Seasons hotel, commercial offices, a conference and entertainment centre, a children’s daycare centre, an integrated health and wellness precinct, and experiential retail spaces. 

Twelve thousand square metres of garden space will be distributed throughout eight ‘pocket-parks’, the green spine and a publicly accessible rooftop garden.

STH BNK by Beulah

STH BNK by Beulah is expected to break the record for the world’s tallest vertical garden when it is built. Image: STH BNK by Beulah

Beulah describes this “hyper mixed-use precinct” as its “most ambitious project”.

“Envisioned as both a vertical village and a mini-metropolis, STH BNK By Beulah is a multi-faceted and pedestrian-friendly destination of 270,000 square metres with a strong emphasis on placemaking,” Beulah’s website reads.

The large-scale development brings together figures in international design and placemaking, including UNStudio, COX Architecture, ARUP, AECOM and Centre Pompidou.

Beulah breaks records

STH BNK by Beulah is currently in its selling phase. A sub-penthouse above level 75 with a 360 degree view of the city recently broke the record for Melbourne’s most expensive apartment ever sold at $38 million (before being overtaken by a $39 million dollar apartment sale at Sapphire by the Gardens on Exhibition Street in the CBD in April).

Construction on STH BNK by Beulah is reportedly due to commence in late 2022 and is earmarked for completion in late 2027.

Read why Mirvac and WORKTECH Academy believe development projects need to shift from ‘mixed-use’ to ‘mixed-experience’.

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