| Planning application | 2014 | Planning application TPM-2014-32 lodged |
| Approved | By 2017 | Planning permit granted (exact date not recorded) |
| Construction started | May 2017 | First major construction permit issued |
| Completed | 2021 | Premier Tower completed: 78 floors |
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.
| 23 Sept 2020 | Stage 26 - Ground floor civils and landscape and L07 landscape works. | $346.1m |
| 03 Sept 2020 | Stage 25 - Various - Level 76, 77, 78 Services, Facade for L76 to 79 including Parapet Facade) | $346.1m |
| 15 June 2020 | Stage 24 - L78 roof structure, damper tank and LMR structure, roof parapet steelwork | $315.0m |
| 08 Jan 2020 | Stage 23: Ground Floor Glazing, L07 & L46 Common Area Services | $315.0m |
| 27 Aug 2019 | Stage 22: Level 2 & Level 7 Pool Structures | $315.0m |
| 28 June 2019 | Stage 21: Architectural, Services and Structural Works L46 - 77, Facade Works L46-75 | $27.5m |
| 06 Mar 2019 | Stage 20 - Level 7 Glass Facade | $545k |
| 11 Feb 2019 | Stage 19: Level 1 Canopies,Level 3 Louvres and Level 8 Roofs Steelwork | $525k |
| 28 Nov 2018 | Stage 18: L7 to L45 Architectural Works | $12.9m |
| 20 Nov 2018 | Stage 17: Services (Level 7 - Level 45) | $0 |
| 25 Oct 2018 | Stage 16: Facade Level 8 to Level 45 only | $10.0m |
| 03 Oct 2018 | Stage 15: Architectural (ground lloor up to level 6 only) excluding: - Level 1,3,4 (Meting Rooms) - Level 2 (Gymnasium, Pool) - Level 5 (Business Centre) - Balustrade (XBA-03) - Pool - Level 2 (Room 201) - Level 3 (Room 301) - Ground Floor Canopy | $10.0m |
| 13 Sept 2018 | Stage 14: Facade Level 1 to Level 7 Only | $9.9m |
| 08 Aug 2018 | Stage 13: Architectural Basement 4 up to Basement 1 Only | $1.0m |
| 12 July 2018 | Stage 12: Post Tensioned Slab (Level 7, Level 7 Mezzanine, Level 8 & Level 9 to Level 45) | $315.0m |
| 31 May 2018 | Stage 11: Core up to Level 77 & Services up to Level 6 (Excluding Fire Hose Reel Location at Basement Levels & Electrical Services Associated with Artificial Lighting) | $315.0m |
| 22 Mar 2018 | Stage 10: Level 00 (Mezzanine) Slab, Level 1 Slab and Tower Columns | $315.0m |
| 16 Feb 2018 | Stage 9: Southern Precast Wall, Ground Floor, Level 2-6 Floor Slabs | $315.0m |
| 20 Sept 2017 | Stage 8: Core Walls (Basement & Podium) | $315.0m |
| 23 Aug 2017 | Stage 6: Basement/ Podium Columns & Walls (Excluding Lift and Stair Shaft Core Walls & Southern Precast Abutting Savoy Property) | $315.0m |
| 01 Aug 2017 | Stage 5: Civil In-Ground Services | $315.0m |
| 19 July 2017 | Stage 4: Raft and Pile Caps | $315.0m |
| 19 May 2017 | Stage 3: Piling Works | $315.0m |
| 12 May 2017 | Stage 2: Bulk Excavation & Retention Works to Basement Level 4) | $315.0m |
| 14 Dec 2016 | Construction of a New Development Comprising Hotel/Apartments, Retail, Carparking and Residential Apartments | $315.0m |
| 20 Nov 2015 | Demolition of an existing canopy | $20k |
| 07 Mar 2014 | Stage 3 - Full permit including MFESB compliance, disabled access and tactile indicators, fire-hose reels | $50k |
| 19 Dec 2013 | Stage 2: External facade works (not including disabled access to entries). External Alterations to an existing bar / tavern | $400k |
| 25 Nov 2013 | Alterations to an existing bar / tavern | $400k |
| 29 Feb 2000 | Installation of alarm signalling equipment | $190 |
Is Premier Tower residential or commercial?
Premier Tower mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was Premier Tower built?
Premier Tower was completed in 2021.
How many floors does Premier Tower have?
Premier Tower has 78 floors above ground.
How many apartments are in Premier Tower?
Premier Tower has 795 homes. The national address file lists 829 unit addresses here, and some of those can be shops or offices.
What size apartments are in Premier Tower?
The City of Melbourne's development record lists 236 1 bed and 544 2 bed apartments. The built numbers may differ a little.
Does Premier Tower have parking?
The City of Melbourne records 127 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
Does Premier Tower have hotel or student accommodation?
The City of Melbourne records 160 hotel rooms at Premier Tower.
What do apartments cost near Premier Tower?
The median unit price in Melbourne was $545,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.
What businesses are in Premier Tower?
The latest council census counted 2 businesses in Premier Tower, including Miss Mi and Movenpick Hotel Melbourne On Spencer.
Are there apartments for sale or rent in Premier Tower?
See the residential listings on this page, or use the shortcuts to search 134-160 Spencer Street on realestate.com.au and Domain.
Is there office or retail space for lease in Premier Tower?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who designed and built Premier Tower?
Fragrance Group developed Premier Tower, Elenberg Fraser designed it and Brookfield Multiplex built it. The building team section has the sources.
How tall is Premier Tower?
About 246 metres, measured from the City of Melbourne's 3D building model. It's number 7 of 1596 buildings in Melbourne by height.
What public transport is near Premier Tower?
Southern Cross Station is the nearest train station, about 2 minutes' walk. The nearest tram stop is Spencer St/Bourke St #1, about 1 minute's walk.
What is the planning zone for Premier Tower?
The site is in the Capital City Zone - Schedule 1 (CCZ1).
Does Premier Tower have an owners corporation?
Plan of subdivision PS739447 has 796 lots.
How well did Premier Tower sell before it was finished?
By July 2015, presales for Premier Tower had reached 60 per cent.
Has any work been done on Premier Tower recently?
The City of Melbourne has issued 34 building permits for Premier Tower since 2000. The most recent was in September 2020.
Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); CLUE business establishments (CC BY 4.0); CLUE residential dwellings (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.