$1.5 billion 555 Collins proposal

Charter Hall Group has applied for planning permission to build a 35-storey office building at 555 Collins St.

If successful, the building will mark the first phase of a staged $1.5 billion development on a combined 4620 sqm, which also includes 55 King St.

The proposed design includes an activated ground plane with connections between Collins  St, King St and Flinders Lane, a premium retail hub with food and beverage outlets and a landmark health and wellbeing offering. 

The building will be one of the city’s most sustainable office buildings, targeting 6 Star Green Star, 5 Star NABERS Energy and Platinum WELL certification.

In 2016, Singaporean developer Fragrance Group was granted approval for a 147m residential tower at 555 Collins St which would have comprised 625 apartments. 

It had earlier failed to gain approval for a 300m mixed-use building on the site.