Melbourne CBD Set For New $110M Vertical Tower

Peter Stevens Motorcycles store situated on 337-339 Elizabeth Street will be transformed into a vertical tower worth $110m. The Longriver Group purchased the 900 sq m motorcycle store for $31.5m in February of this year. Their proposal, which was submitted to the Melbourne City Council in July, includes demolishing the site which is part-heritage listed and will; “Shift from the…