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The new hospital will offer emergency, mental health, chemotherapy, renal, maternity, and palliative care services for Western Australians.
Approval was granted under the Building Safety Act 2022, which sets design and planning standards for higher-rise buildings before construction.
Significant components of the project include a bridge over the Appleford railway sidings and another spanning the River Thames.
Residents of 12 Halsey will benefit from a range of amenities such as a resort-style pool.