HIGH rise apartment developer Central Equity hasn’t wasted any time proposing a new skyscraper for a site it recently acquired in Southbank.

The developer is planning a 43-storey, 513-unit complex for the 141 -1 55 City Road site, which it purchased from Crown Casino for about $13 million late last year.

A second building is also expected to be developed on the 2,527 square metre site, formerly the casino’s training college.

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