With Multiplex signed up, we thought that we were close to a start on Flinders Bank, a three tower hotel/resi complex at the western end of the CBD, but Mirvac has stepped in and bought most of the site for $200 million. Only announced on Xmas Eve, details are sketchy, but the report says that Mirvac is planning an office and build-to-rent apartments. The St Regis group had signed up for Levels 1-11 in the main tower, with the balance of the tower as resi. The report says that the St Regis tower is excluded from the deal, but it does create doubts when a substantial re-design is required for the rest of the site.
All the latest renderings (tasty morsels) from the Fender Katsalidis web site: