Premier Tower is a mixed-use skyscraper on the corner of Bourke and Spencer Streets, in Melbourne, Australia.134-160 Spencer Street, Melbourne. UrbanMelbourne.info. Retrieved 21 May 2015

Designed by Elenberg Fraser, plans for a 294-metre (965 ft) tall building with 90-storeys were initially proposed in 2014;Lucas, Clay. (4 September 2014). "90-storey tower to replace Savoy Tavern on Spencer Street". The Age. Retrieved 21 May 2015Lenaghan, Nick. (14 May 2015). "Singapore-listed Fragrance wins approval for Savoy tower". Australian Financial Review. Retrieved 21 May 2015 however, in order not to cast a shadow on the Yarra River to the south, both the height and the number of levels of the project were reduced in later plans, which were submitted to the Department of Planning.

In May 2015, Planning Minister Richard Wynne approved the development, now consisting of a 246–metre high residential and hotel skyscraper of 78 levels. According to architect Elenberg Fraser, the design of the building paid homage to Beyoncé's fabric-draped silhouette in the music video for her 2013 song "Ghost", which captured the curves of the human form. It was developed by Fragrance Group Limited at a cost of AUD$430 million.(19 May 2015). "68-storey apartment building approved for Melbourne's Savoy Tavern site". Urbananalyst. Retrieved 21 May 2015Masanauskas, John. (14 May 2015). "68-storey tower to be built on old Savoy Tavern site on corner of Bourke and Spencer streets". Herald Sun. Retrieved 21 May 2015

Early construction on the project commenced in January 2017. When completed in 2021, Premier Tower became one of the tallest buildings in Melbourne.Premier Tower – The Skyscraper Center. Council on Tall Buildings & Urban Habitat. Retrieved 27 January 2016Preiss, Benjamin. (14 May 2015). "Approved: 68-floor tower for Savoy Tavern site on corner of Bourke and Spencer streets". The Age. Retrieved 21 May 2015

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