Planning Minister John Day has approved a new inner city residential development - including 563 apartments and five restaurant, cafe and retail tenancies - at Perth City Link.
Kings Square 6 (KS6) comprises two towers of 43 and 49 storeys, making them one of Perth's tallest apartment buildings.
Planning Minister John Day said KS6 would become Perth's best located transit-orientated residential development.
"KS6 will help revitalise this formerly underutilised area of the city by creating homes right on the doorstep of major commercial, employment and entertainment precincts," Mr Day said.
"This landmark development will be a spectacular new addition to the city skyline and an integral part of this vibrant new inner city community."
A diverse range of housing options will be on offer including studio, one, two and three bedroom apartments, along with some affordable housing units.
The upper floors will feature a range of communal open spaces and resident facilities including a rooftop pool, garden terraces, lounge and kitchen areas.
The Minister said developments like KS6 were helping to deliver on the aspirations of 'Perth and Peel @ 3.5million', which outlined a framework for accommodating the State's growing population while creating a dynamic and liveable city.
"This development is a great example of how appropriate density and infill can create attractive housing choice for people to live close to jobs, amenities and public transport," he said.
"The project, worth an estimated $190 million, is expected to create about 1,700 jobs during construction with works to commence within the next three years."
Perth City Link is rapidly changing the face of the city with state-of-the-art underground rail and bus infrastructure, new commercial buildings, and public spaces including the landmark Yagan Square, which is due to commence construction in the coming months.
KS6 is located within the Kings Square precinct of the Perth City Link project and is being developed by Premier Capital Developments. The first four buildings in the precinct are expected to be completed this year and will house the offices of Shell and HBF.
Perth City Link is reconnecting the city centre with Northbridge for the first time in 100 years by undergrounding public transport infrastructure and creating a new residential, commercial, entertainment and public transport hub.