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Southbank's Next Major Skyscraper on its Way

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Written by Marc Pallisco   
Sunday, 11 July 2010 23:33

Former QBH nightclubNOTORIOUS nightclub QBH will be converted into a luxury display suite, for the Southbank riverfront’s next major apartment tower.

Last week, advertising started for the proposed 66-level, 616-unit Prima Pearl Apartment complex, at 31 – 49 Queensbridge Street.

The project is being proposed by furniture magnate and property developer Tony Schiavello, who recently paid $10 million for the QBH club, at 1 Queensbridge Street, near the Prima Pearl site.

The QBH property has direct Yarra River frontage – and as such, redevelopment potential down the track.

Prima Pearl, at a proposed height of 225 metres, will be the second tallest building in Southbank after the Eureka Tower (297 metres).

The tower will soar over Australand’s Freshwater Place, which is just 205 metres high, and the Crown Casino hotel, which is 152 metres.

Melcorp Property is marketing the apartments but declined to provide any information including price guides, or estimated construction times, until later this month when the project is officially launched.