That's Built · Building report

Melbourne Quarter Tower

681-693 Collins Street, Docklands VIC 3008

Generated 8 November 2026
Commercial ·

—height

34floors

2024completed

0businesses

2permits

Development milestones

Planning application	2016	Planning application TPMR-2016-23/A lodged
Approved	Approved	Planning permit granted (exact date not recorded)
Completed	2024	Melbourne Quarter Tower completed: 34 floors

Building team

Developer: Lendlease
Builder: Lendlease Construction
Architect: Woods Bagot
Architect: Denton Corker Marshall
Owner: National Pension Service of Korea

Planning & subdivision

Zone: DZ3
Overlays: PO7, SCO41
Strata plan: PS704437 · 2 lots
Scores: 🚆 9 · ☕ 7 · 🌳 6 · ✨ 5

Timeline

20252 building permits and 1 certificate · about $2.6m of new works
Largest: Level 30, 691 Collins street - Project is for the internal office fit out

2024Melbourne Quarter Tower completed: 34 floors
Derived from City of Melbourne Development Activity Monitor

26 Oct 2023Seven Network to move into 34-storey Docklands tower at 699 Collins Street
Real Estate Source reported that the Seven Network would relocate from 160 Harbour Esplanade into part of the 34-storey tower at 699 Collins Street, due for completion in 2024. The article covered this as part of wider leasing deals across the Melbourne Quarter precinct.

27 Sep 2023Melbourne Quarter Tower tops out
Woods Bagot reported that Melbourne Quarter Tower had topped out, with the concrete core capped at its final height and the modular sloping roof being installed. The page forecast completion in mid-2024.

2023First council census entry: unoccupied - under construction, 23 floors

1 Aug 2021National Pension Service of Korea buys Melbourne Quarter Tower for $1.2 billion
The National Pension Service of Korea was reported to be paying $1.2 billion for the tower, then described as 34 levels and 165 metres and the tallest in Docklands. The report said Medibank leased about 17,500 square metres.

1 Jul 2021Medibank signs 10-year lease for 17,500 square metres at Melbourne Quarter Tower
Medibank signed a 10-year lease for about 17,500 square metres at 699 Collins Street, reported as about 25 per cent of the tower. Lendlease was reported to be expected to sell the asset to a capital partner.

Apr 2019Revised, taller Melbourne Quarter Tower design supported by City of Melbourne
A revised design by Woods Bagot replaced the earlier Denton Corker Marshall scheme. Reports said the City of Melbourne supported it as a 32-storey tower with an overall height of 147.15 metres and a gross floor area of 101,998 square metres, with an anchor tenant still to be secured before construction.

22 Mar 2017Victorian Planning Minister approves 28-level Melbourne Quarter Tower at 693 Collins Street
The Victorian Planning Minister approved Lendlease's second commercial tower in the Melbourne Quarter precinct, a 28-level office building of about 55,000 square metres with around 2,500 square metres of retail. Coverage at the time described it as the second of three commercial towers in the precinct.

2016Planning application TPMR-2016-23/A lodged
Derived from City of Melbourne Development Activity Monitor

ApprovedPlanning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor

Building permits and certificates (3)

Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.

31 Oct 2025	693 Collins street - Super Retail Sky Signage Installation	$60k
11 Sept 2025	Shop 3 - Proposed alterations to existing retail	$121k
28 Mar 2025	Level 30, 691 Collins street - Project is for the internal office fit out	$2.4m

Questions and answers

Is Melbourne Quarter Tower residential or commercial?
Melbourne Quarter Tower is a commercial building.

When was Melbourne Quarter Tower built?
Melbourne Quarter Tower was completed in 2024.

How many floors does Melbourne Quarter Tower have?
Melbourne Quarter Tower has 34 floors above ground.

What businesses are in Melbourne Quarter Tower?
The latest council census counted 0 businesses in Melbourne Quarter Tower.

Is there office or retail space for lease in Melbourne Quarter Tower?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built Melbourne Quarter Tower?
Lendlease developed Melbourne Quarter Tower, Denton Corker Marshall designed it and Lendlease Construction built it. The building team section has the sources.

What public transport is near Melbourne Quarter Tower?
Southern Cross Railway Station is the nearest train station, about 2 minutes' walk. The nearest tram stop is Southern Cross Station/Collins St #D14, about 1 minute's walk.

What is the planning zone for Melbourne Quarter Tower?
The site is in the Docklands Zone - Schedule 3 (DZ3).

Does Melbourne Quarter Tower have an owners corporation?
Plan of subdivision PS704437 has 2 lots.

Was Melbourne Quarter Tower always planned at its current height?
No. In March 2017 the Victorian Planning Minister approved a 28-level version at 693 Collins Street. In April 2019 a revised, taller design was supported by the City of Melbourne, and the tower is listed at 34 floors above ground.

Has any work been done on Melbourne Quarter Tower recently?
The City of Melbourne has issued 2 building permits for Melbourne Quarter Tower since 2025. The most recent was in September 2025.

Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); Development Activity Monitor (CC BY 4.0); Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). General information from public records, not legal, financial or building advice.