A $55 million accommodation tower described as “student housing on steroids” was approved unanimously by a state development panel last night, clearing the way for one of Fremantle’s most unique housing models yet.

The six-storey building on Queen Victoria Street, set to replace a long-standing open-air car yard, was given the green light at the Metro Inner Joint Development Assessment Panel meeting on Thursday night.

The new-age development, by real estate investor Marprop Pty Ltd, includes 119 “co-living” apartments, 83 hotel rooms, and shared amenities such as a pool, cinema, gym, sauna and restaurant.

Marprop representative James Theodore told the meeting the project was designed to provide flexible, medium-term housing.

“Australia is in a housing crisis. There’s a desperate need f

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