Big, galmourous apartments with a sexy street-side bar and hip health club, financed by a group of 30 and 40 somethings. It sounds like something from an American TV show except this is real life and will be set in Perth, not New York.
Construction of the $10 million Box Building - as it will be known - is poised to begin in November and expected to be completed by this time next year.
The landmark complex will contain 30 luxury apartments, a $1.5 million cocktail bar and bistro, along with an exclusive health-club.
The bar and bistro will be located at 918 Hay St, in what is now known as the Mortlock building, with the apartments situated behind.
The 1920s building will be retained and returned to its original character.
Sultry in style, the bar will boast white leather lounges, dark timber finishes and chiffon red curtains separating it from the Bistro.
The syndicate is calling for expressions of interest from around Australia and overseas for an upmarket operator to run the bar and eatery.
Both will be open to the public and connected to the swanky apartment block by a series of japanese gardens.
