LPD to Build Apartments on Ex-Zagame Site, Fitzroy Street, St Kilda

Council is said to be reviewing a building application for a medium density apartment tower, to be called Halo, which could rise more than ten levels.

Developments of around 20 levels are dotted along The Esplanade nearby, Port Melbourne and St Kilda Road. A 38-level tower was approved last year for a prominent site on the corner of Toorak Road and Chapel Street in South Yarra.

LPD director Michael Fox told Secret Agent it has teamed with Macquarie Capital to develop the project, for which it is taking apartment buyer registrations.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.