Lindsay Fox plans St Kilda Road apartment highrise

| Dec 2,2016

| 0 min read

Billionaire Lindsay Fox has plans to replace his corporate offices on Melbourne's St Kilda Road with a prestige apartment tower.

It is the first residential project for the trucking magnate.

Fox has submitted plans for a 20-storey apartment tower on a prime site overlooking the nearby Fawkner Gardens.

The project will deliver 148 upmarket apartments across 32,000 square metres of space.

Fairfax Media say the development value of the project has been listed as $90 million.

The low-rise building at 493 St Kilda Road was bought in 2007.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.