Just two weeks after Minister for Planning Matthew Guy fast-tracked five major new residential skyscrapers, a $350 million mega-tower has been announced for Melbourne.

An artists’ impression of the Elenberg Fraser designed $350 million mega-tower proposed for 250 La Trobe Street by Malaysian developer UEM Sunrise. The ambitious project is proposed for 224-252 La Trobe Street, directly opposite Melbourne Central shopping centre with The Age reporting the building will rise…