Billionaire James Packer's Crown Resorts wants to add a new six-star luxury hotel tower to its casino and other hotels at Melbourne's Southbank.
The 90-story Queensbridge Hotel Tower, which is yet to win planning approval, will reportedly cost A$1.5 billion ($1.6 billion). The casino operator announced its intention to build a new Melbourne hotel in December 2014.
The company says it doesn't intend to conduct gaming operations in the new venue. The building will be taller than the 297m Eureka Tower in Southbank, but shorter than the 319m Australia 108 residential skyscraper currently under construction in the area.
Chief executive Rowen Craigie said the project will add 3000 jobs during construction, and 1000 positions after completion.
- AAP