Fiveight’s Carillon City redevelopment in Perth was approved on 20 May 2025. The scheme reported at about $400 million includes a 22-storey hotel, a 35-storey student-accommodation tower and a four-storey retail and dining podium. Approval is not proof that construction has started: the available reporting does not establish a current builder or delivery schedule.
What is planned for Carillon City?
Carillon City occupies a reported 5,724-square-metre site where Forrest Place meets Hay Street Mall and Murray Street Mall in Perth’s CBD. The approved scheme is a mixed-use redevelopment, rather than a single hotel or residential tower. PerthNow reported the project value as $400 million; that is an estimate, not a confirmed final construction cost. PerthNow’s approval report
- Hotel: 22 storeys and 238 rooms.
- Student accommodation: 35 storeys and 803 beds.
- Podium: four storeys for retail, food and beverage.
- Public connections: links between Hay Street Mall, Murray Street Mall and Forrest Place.
- Vehicle access: a tunnel to serve the hotel and its drop-off area.
The proposed public links and retail space are intended to connect the development to the surrounding pedestrian areas. The project’s design lead was identified as Skidmore, Owings & Merrill (SOM); Urbis prepared plans, and consultant Right Angle said it worked with Fiveight and the SOM-led design team. Right Angle’s project announcement
Who lodged the plan, and what does “approved” mean?
Fiveight lodged the development application. The company is associated with Tattarang, the investment group of Andrew and Nicola Forrest. Following City of Perth endorsement, the Metro Inner Development Assessment Panel approved the scheme on 20 May 2025. That is planning approval; it does not, by itself, mean site work has begun or that a construction contract is in place. The Urban Developer’s account of the lodged proposal
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How did the approved scheme change?
The January 2025 application proposed shorter towers. By the May approval, both had grown. The original application’s capacities are not stated in the cited coverage, so the comparison below reports only the figures established for each stage. The Urban Developer, January 2025; PerthNow, May 2025
| Component | January 2025 lodged proposal | May 2025 approved scheme |
|---|---|---|
| Student-accommodation tower | 30 storeys | 35 storeys; 803 beds |
| Hotel tower | 17 storeys | 22 storeys; 238 rooms |
| Planning status | Lodged proposal | Approved by the Metro Inner Development Assessment Panel on 20 May 2025 |
What conditions and objections were reported?
Approval coverage reported operating hours of 6am to midnight, 24 parking bays, and a condition that the digital screens carry at least 10 per cent community and entertainment material. A pre-decision report gave an initial parking figure of 23; the approved count reported afterward was 24. PerthNow’s approval report; The Urban Developer’s post-approval report
Industry reporting noted objections at the panel meeting concerning the project’s scale and student-accommodation component. The City of Perth had recommended approval, with its recommendation describing the retail and dining component as a contemporary refresh that could add interest for pedestrians. PerthNow; PerthNow’s report on City endorsement
When will construction start?
The approval was reported as valid for four years, with substantial commencement required by 2029 or the approval would expire. That is a planning deadline, not a construction start date. The sources available do not establish whether construction has since started, who the builder is, or the current completion schedule. The Urban Developer reported after approval in May 2025 that a builder had yet to be revealed, but that report does not establish the project’s present status. PerthNow; The Urban Developer
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How this fits the site’s history
Carillon City grew from two earlier arcades: City Arcade, built in 1970, and Carillon Arcade, opened in 1982. Multiplex and Hawaiian Property Group integrated them in 1998. Dexus bought the site in 2016 for a reported $140 million and later pursued a different redevelopment, including an approved 24-storey office-tower scheme in 2019. Dexus sold the site to Tattarang/Fiveight in 2022 for a reported $80 million. These are historical transaction prices, not the budget for the current project. The Urban Developer’s project history
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