The Altus is launched

The Altus is launched

Construction of Digital Harbour’s largest development to date is expected to begin early next year.

The Altus was officially launched on October 21, having already attracted more than 30 per cent in pre-commitment apartment sales.

The $300 million building includes a 4.5 star hotel and apartment complex and will be built on the corner of Harbour Esplanade and Dudley St.

Speaking at the official launch event last month, Digital Harbour director David Napier said The Altus would complete the northern gateway to Docklands.

“Within a few hundred metres of the on/off ramps of CityLink, The Altus will be connected to Melbourne’s freeway network, within 15 minutes of Melbourne’s International airport and located within Docklands most accessible precinct at Digital Harbour,” Mr Napier said.

Lord Mayor Robert Doyle also attended the event and commended the Digital Harbour team on the building, describing it as a “remarkable contribution to the city”.

Planning Minister Matthew Guy, who approved the building in July, said the building would become part of a significant street corner.

“Docklands is continuing to deliver state of the art buildings that are rejuvenating the area,” Mr Guy said.

“Once completed, The Altus will be part of a vibrant and exciting precinct in which to work, live and to visit.”

The 37-storey building will feature 281 guest rooms, 27 serviced apartments and 299 residential apartments.

Pan Pacific Hotels Group will manage the hotel component of the development under its PARKROYAL brand.

The development is expected to create over 400 construction jobs, along with 150 hotel jobs once completed in 2016.

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