Developer Harry Stamoulis has joined forces with Daniel Grollo’s Grocon development group, on plans to build a $600 million office tower at 555 Collins Street.
An earlier proposal by the Stamoulis Property Group – to build a 404 metre tower on the Western side of Collins Street – was deemed too tall. There were also concerns it would cast a shadow over the Yarra River.
Grocon and Stamoulis are working on a proposal for an office tower to feature around 60,000 square metres of prime space and are already seeking out potential anchor tenants. There is currently a 24 storey building on the site built in 1975 and owned by the Stamoulis Property Group.
