On May 25, 1930, the Governor-General's Office and the City Government of the Sydney Territory jointly issued an announcement, declaring that a supertall building more than 381 meters high would be constructed on Victoria Street in Sydney and named Kingdom Tower.
The entire building was expected to cost 45 million Australian Dollars, with the Kingdom Government, the Royal Family, and the Sydney Territory each contributing 15 million Australian Dollars.
This newly announced piece of news alone quickly attracted the attention of countless Sydney residents and even people from outside the city.
Although Sydney was a major city with many high-rises, a building reaching 381 meters would still be a first.
A budget of 45 million Australian Dollars was wildly extravagant. It could even build nearly five battleships.
But on second thought, the building would provide an enormous boost to Sydney's fame and commerce. Once completed, the entire structure would become one of Sydney's landmarks, and the returns it brought might far exceed the investment.
Because all three investors were official entities, the public had considerable faith in the building's quality and construction safety.
Some people had even begun discussing picking a date to visit the top floor after the building was completed and take in the scenery of the entire city.
Things were not much different from what Arthur had expected. After the Kingdom Tower plan in Sydney was announced, the Melbourne government soon submitted its own building proposal to the Victoria state government, which then reported it to Arthur.
Looking at the building plan proposed by the Melbourne government, which was in no way inferior to Kingdom Tower, Arthur rubbed his furrowed brows and looked somewhat helplessly at Markus Bourkehold, the Governor of Victoria. He questioned him irritably, "It's not that I don't support Melbourne challenging Sydney, but Melbourne