From appleinsider.com:

The plan, which got underway last year, calls for the demolition of the historic but under-utilized Fun Factory building on the corner of Toorak Road and Chapel Street in the city’s South Yarra suburb. Developers want to replace the structure with a three-building, mixed-use development complex comprised of ground level retail shops, a hotel and a high-rise apartment building.

According to design documents, a cubed-shaped Apple store, reminiscent of the company’s flagship location in San Francisco, would consume the largest chunk of space within the retail plaza. It would lay adjacent to both the hotel and apartment complex, interconnecting with those buildings at the podium level by a distinct and suspended translucent space frame characterized by circular, interconnecting rings.

The Melbourne site, if approved, would give way to just the second Apple-owned retail shop in Australia. Development planning for an initial location at 77 King Street in Sydney was confirmed for the first time earlier this week and said to be in the final stages. There, the iPod maker has proposed a three-story shop at the base of a sky-rise, clad by a similarly proportioned glass atrium along the frontal facade.

Looks amazing! More pictures at the AppleInsider website.

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