You may have grown used to seeing new apartments rising up everywhere you walk in the city centre, but there is one development that is about to commence that you will surely notice: a 27 storey apartment complex on the former site of Cinema City. Located just opposite the convict-built Perth Town Hall and adjacent to the Hay Street Mall, it will be an inner city lover's dream. The 150 apartments will be built on top of 7 floors consisting of a shopping arcade, restaurants, coffee shops, wine bars, office space, a gymnasium and swimming pool. Every apartment will have either one or two parking spaces in the basement, each worth at least $50,000.
The prices for the apartments start at $600,000 and construction is expected to be completed in March 2011.
