The developer behind a luxury apartment tower next to Melbourne’s Metro Tunnel rail project is suing the Allan government for $20 million in compensation after part of its land was acquired for the new Anzac train station. Developer Peter Devitt is one of the founders of Melbourne building giant L.U.
Simon and, with son Kane, now runs a company developing the $300 million project on the corner of Toorak and St Kilda roads. The $300 million, 15-storey luxury apartment complex The Muse. Credit: Joe Armao Their plans for the project – known as The Muse , being built by L.
U. Simon – were hit by the Metro Tunnel project in 2020 and they claim it has cost them millions of dollars in construction costs. The Victorian government used its compulsory acquisition powers to purchase about 450 square metres of below-ground land off the project.
The project sits on a block totalling 3549 square metres. Trains will run on the new $14 billion metro line next year. Since building began on the nine-kilometre tunnel in 2018, the government has spent hundreds of millions of dollars buying land surrounding the rail corridor.
The Devitt family claims, in documents filed this month in the Supreme Court, that the government ignored their requests for four years over the value of the land taken from their site. A source close to the dispute, who requested anonymity as the matter is before the court, said taking the land has delayed construction on the 45 “ultra-exclusive” apartments in the .
