250 Spencer Street

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The fourth and final tower within Far East Consortium's (FEC) $1b West Side Place multi-tower development has been released. Located on Spencer and Lonsdale Streets, West Side Place is directly opposite FEC's now complete Upper West Side neighbourhood.

Known as The Park Release, the 70-storey mixed-use tower follows the success of the 72-storey Gold Release fronting Lonsdale Street. The approx. 235m high building will accommodate 684 apartments and a 4-star 312 room Dorsett branded hotel, offering views across the Flagstaff Gardens.

As part of the redevelopment of the 12,000 sqm former Age site, a new laneway will be developed connecting Lonsdale St and Little Lonsdale St, providing restaurants and an extensive number of retail sites focused around a central landscaped public realm.

The Park Release features a mix of one, two and three bedroom apartments all designed to maximise natural light and completed with high-end quality fit-outs.

Residential amenities are located on levels 9 &amp; 10 and include a residential lounge, private dinning rooms, wine tasting room with wine cellar, garden terrace with BBQ facilities, rooftop cinema, virtual golf, lap pool, plunge pools, gymnasium and yoga and pilates spaces and more.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/wsp02.jpg" rel="gallery-all" title="The Park Release draws on its location adjacent to West Side Place's central park. Image: Far East Consortium"><img alt="" class="image-article-full-width-580px" height="414" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/wsp02.jpg?itok=Dtqv-Rwq" title="The Park Release draws on its location adjacent to West Side Place's central park. Image: Far East Consortium" width="580"></a>

<figcaption>The Park Release draws on its location adjacent to West Side Place's central park. Image: Far East Consortium</figcaption></figure><h2>The Park Release Quick Facts</h2>

<ul>
<li>70-storeys, approx. 235m in height</li>
	<li>684 apartments</li>
	<li>4-star Dorsett hotel comprising 312 suites</li>
	<li>Over 3,000 sqm ground floor retail space</li>
	<li>Over 475sqm of park and open space</li>
	<li>Views over Flagstaff Gardens and the city skyline</li>
	<li>World-class amenities including lounge, private dining rooms, rooftop cinema and more.</li>
</ul>
Meanwhile, head contractor Probuild is ramping up construction on Stage 01 with the erection of two tower cranes and the formation of the first core.

Stage 01 comprises a total of 1,359 apartments and Melbourne's first Ritz-Carlton hotel across two towers - the 81-storey Tower 1, which will house the Ritz-Carlton and the 64-storey Tower 2 which will rise to heights of 270m and 211m, respectively.

Stage 01 of West Side Place is scheduled for completion in 2022.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/wsp_probuild.jpg" rel="gallery-all" title="Probuild is progressing with construction of stage 1. Image: Probuild"><img alt="" class="image-article-full-width-580px" height="582" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/wsp_probuild.jpg?itok=xSX3j6jM" title="Probuild is progressing with construction of stage 1. Image: Probuild" width="580"></a>

<figcaption>Probuild is progressing with construction of Stage 01. Image: Probuild</figcaption></figure>
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