A new proposal for the site – published on the developer’s website recently as a Future Project –proposes 275 apartments as well as an Asian style food market, alfresco dining precinct and function spaces for weddings.
The proposed new tower will rise about 33 levels and have an end value of about $135 million.
A council spokeswoman said a public notification process needs to occur before a decision about the application can be made.
Box Hill was one of six defined Central Activity Districts within the former state government’s hugely contentious and now redundant Melbourne @ 5 Million planning policy.
AXF is also behind the Kinnears Village redevelopment in Footscray and Sovereign Point Court in Doncaster.