A 29-storey apartment development being built in Melbourne will be among the nation’s slimmest skyscrapers.

The building has been lauded as yet another feather in the cap for architects Fender Katsalidis, the firm responsible for buildings such as the Eureka Tower in Melbourne.

Principal architect James Pearce from Fender Katsalidis is heading up the design, under the direction of Nonda Katsalidis, at the Flinders Street site, and what us likely to be Melbourne's slimmest, tall apartment building.

Image: www.realestate.com.au

The building was originally designed to be 131 metres tall, but that has been scaled back to 88.5 metres. It will be just 6.7 metres wide and 24.3 metres deep, housing one apartment on each of the 28 levels.

The Phoenix was named after the Phoenix Bar, which was within the original building at 82 Flinders Street, which will be demolished to make way for the development.

The building will be back-lit with LED lighting which will run down its side. The reinforced concrete building will have also feature an innovative 9-storey car stacking device.

Fairfax newspapers reported that the City of Melbourne council rejected the original 41-storey building design, resulting in a revised design, with the smaller building approved.