A Collingwood warehouse near Hoddle Street could make way for two offices.
Anplus Developments said its 99-117 Islington St proposal is the group’s first major commercial project.
The tallest tower will rise 14 levels; the other, 11.
All up the asset would offer 19,405 sqm of lettable area including ground floor retail (the gross area is 31,212 sqm).
The office will be rated A-grade.
Both rooftops will be activated; the buildings are also designed with pocket terraces.
They will be divided by two courtyards (story continues below).
A basement will include 117 car parks, 206 bike and four motorcycle spaces; there will be seven electric car charging stations.
Like many recent inner-city Melbourne office proposals, Grimshaw has designed it to look like a warehouse conversion – with a lower level brick façade to site boundary.
The South Yarra based developer is speculated to have paid $26.2m for the 3225 sqm Commercial 1 zoned site in 2018; it contains a couple of improvements including a red brick factory previously occupied by Australian Tie Co.
Elsewhere in the area an 11-floor apartment tower is mooted for 60-66 Islington St.
Fifteen storeys are earmarked at Hines’ 36-52 Wellington St office.
Anplus recently won approval for four residential towers, including one of 11 floors, at Seddon’s former Transdev bus depot – a 1.4 hectare site acquired for $20.9m in 2015.