GURNER Announces Plans for $250M Southbank Mega Tower

Tim Gurner has acquired yet another Melbourne site, at 334 City Road in Southbank. Acquisition of the 1,652 sqm site will add $250 million to the developer’s $7 billion pipeline. The Southbank project, on the site of a former backpacker’s hostel, will feature 400 1, 2 and 3 bedroom apartments set across 40 storeys, with a gym, retail tenancies and…