The world’s 50th tallest building is coming to Melbourne’s Southbank.

The two twisting, terraced, mixed-use towers are planned for 118 City Road and were fast-tracked through approval to add stimulus to the post COVID-19 economy.

The concept was developed by a collaboration between Dutch firm, UNStudio, and, Australian-based, Cox Architecture, as part of a design competition for the project held by the Malayasian developer, Beulah International.

The taller of the two towers will rise 102 storeys standing at 365.1 metres. It will surpass Gold Coast’s Q1 by a whopping 42.6 metres making it the tallest building in Australia and 50th tallest in the world, not far behind New York’s Empire State Building at 41.

It is so tall that it it breaches into aviation space by 11.1 metres and had to get approval from the Civil Aviation Safety Authority (CASA).

The project will include residential apartments, commercial space, a 5-star hotel, retail space and public green space.

The project is expected to kick off in 2021 and take 5 years to build.