Australia’s largest single build-to-rent tower reaches highest point, set to welcome first residents in early 2026

Melbourne, 5 June 2025: Lendlease’s build-to-rent (BTR) project, West Tower at Melbourne Quarter, delivered in partnership with Daiwa House Australia, has reached new heights, topping out at 45-storeys on the southern edge of Melbourne’s CBD.

Dignitaries including the Hon. Clare O’Neil MP, Federal Minister for Housing, the Hon. Harriet Shing MP, Victorian Minister for Housing, Federal Member for Melbourne, Sarah Witty MP, as well as Lord Mayor for Melbourne, Nicholas Reece, attended a ceremony to acknowledge the construction milestone. 

As one of three build-to-rent developments being delivered by Lendlease in Australia, West Tower builds on Lendlease’s global BTR portfolio, including The Riverie in New York, Habitat in Los Angeles and Elephant Park in the U.K. Together with Australian developments – Exhibition Place, Brisbane and 899 Collins Street, Victoria Harbour – Lendlease has more than 2,800 apartments for rent now in delivery.

Positioned between Collins and Flinders streets, at the western edge of the CBD, West Tower offers direct access to the best Melbourne has to offer, including high-end retail, hatted restaurants, renowned cultural landmarks and the Yarra River. Apartments will offer a range of stunning city, bay and river views, with public transport connections nearby, and the lifestyle convenience of living in an inner-city precinct.

Located within Lendlease’s Melbourne Quarter, West Tower is the final building to be delivered in the mixed-use precinct, which recently welcomed Quarterhouse, Melbourne’s newest pub and rooftop bar on Collins Street. The three-level venue, which offers a classic pub at ground level and an elevated rooftop that connects into Melbourne’s first Sky Park at the top, will provide the thousands of workers and residents with a place to relax and unwind.

Designed by Melbourne architectural firm Fender Katsalidis, residents will have access to market-leading amenities including:

• Private 25-metre lap pool in addition to a fully-equipped gym with spa, sauna and steam room;
• Cinema, sky-high resident lounge and library with views;
• Modern co-working spaces as well as media and music rooms;
• A bowling alley, pet spa and easy access to nearby TiTree Park; and
• A dedicated on-site concierge.

As the largest single BTR building currently in delivery in Australia, West Tower will be comprised of 797-apartments, with a mix of studio, one, two and three-bedrooms for rent, adding more housing diversity for Melburnians and long-term security not offered in the traditional rental market.

The all-electric building is targeting a 5 Star Green Star Design & As Built rating.

Daiwa House, which holds a 75 per cent equity share in the project, formed a joint venture with Lendlease in 2023. This is the third development to be delivered by the two companies, having previously partnered on Claremont Hall in Manhattan, and Elephant Park in central London.

West Tower will welcome residents from early 2026.

“West Tower at Melbourne Quarter has been crafted using our sector expertise and deep understanding of what makes a place to live truly exceptional. Located on the doorstep of the CBD, in an enviable inner-city address, residents will have easy access to the best Melbourne has to offer.

“As we’ve seen across our build-to-rent portfolio in other markets, long term rentals provide much needed housing supply and diversity and give people more choice at different stages of life.”

“What a monumental occasion for Melbourne, as we forge closer to delivering 797 residences at the start of next year and activating West Tower for thousands of residents that will call West Tower home.

“Daiwa House globally manages more than 1 million residences, the majority of which we have ourselves constructed, and I am proud that Melbourne Quarter will further expand our geographical ‘build-to-rent’ footprint.

“Everyone deserves a place they can call home, with everything a home can and should offer, and West Tower is that place. We look forward to welcoming thousands of residents to West Tower very soon.”

ENDS

For more information: 
Ashley Chrysler
Senior Manager External Affairs – NSW/ACT/QLD
ashley.chrysler@lendlease.com
+61 472 653 297