EXCLUSIVE


Developer scrap: Colonial Range is trying to get CEL Australia's planning permit cancelled for the 71-storey Tower Melbourne.

Developer scrap: Colonial Range is trying to get CEL Australia's planning permit cancelled for the 71-storey Tower Melbourne.



Millions of dollars in deposits from hundreds of apartment owners in Melbourne's most controversial skyscraper might need to be repaid if a rival developer succeeds in getting the super high-rise's planning permit cancelled.


A Singapore-based investor-developer is seeking to cancel a neighbouring developer's permit for a soaring CBD skyscraper called Tower Melbourne, set to rise 71 storeys from the corner of Queen and Bourke streets.


The rival alleges it was approved by the Napthine government on the basis of "misstatements or concealments of fact".


The Chow family's Colonial Range company is fighting another deep-pocketed Singaporean developer, CEL Australia, over the proposal.