New apartments planned

New apartments planned

MAB Corporation plans to build a two-tower residential development on the existing car park behind The Arkley tower in NewQuay.

Combined the towers would have 347 apartments and be connected by a shared 146 car park podium.

The building would also have 115 bicycle spaces along with retail space on the ground floor.

Councillors considered the development at a Future Melbourne meeting on September 10.

Ultimately, Planning Minister Matthew Guy has the final approval powers, as the development is over 25,000 sqm.

The total floor area of the proposed development is 29,524 sqm.

According to a report presented to councillors, MAB plans to develop the building in two stages.

The first stage of the development would involve construction of the podium and one of the towers while stage two would involve construction of the second tower, which is currently a conceptual design.

Planning Minister Matthew Guy is yet to approve a permit for the development.

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