- Expressions of Interest now open for Federation Square East site
- 3.3 hectare project site in central Melbourne to be city’s ‘jewel in the crown’
- Napthine Government building a better Victoria
Expressions of Interest are now open for Melbourne’s premier Federation Square East development, the Deputy Premier Peter Ryan and Minister for Major Projects David Hodgett announced at an event attended by key industry stakeholders today.
“Today we are releasing a unique opportunity for an outstanding precinct in the heart of our great city,” Mr Ryan said.
“Federation Square East will be a new jewel in Melbourne’s crown and the Victorian Coalition Government is proud to be taking action and releasing this incredible opportunity to the market.
“We are offering a 3.3 hectare site with exceptional building layout and design flexibility to accommodate a mixed use development. We are looking for a great design and exciting, active spaces to create a new destination that is the very essence of Melbourne.
“This will be a major new precinct that takes advantage of the site’s proximity to transport and the very best of Melbourne but also respects and enhances the amenity of the area around it.
“Federation Square East is part of the Victorian Coalition Government’s policy to unlock under-utilised land along the rail corridor such as at E Gate, Flinders Street Station and Richmond Station.
“Together, this suite of projects represents opportunities for billions of dollars in development, the creation of thousands of jobs, and a project pipeline stretching out for decades,” Mr Ryan said.
Mr Hodgett said that the Federation Square East project was entering an exciting new phase.
“Last year we conducted a Request for Industry Submissions which confirmed that there is appetite for the delivery of a viable mixed use precinct and that industry is best placed to come up with innovative, value for money solutions for the site,” Mr Hodgett said.
“The Coalition Government’s expectation of strong benefits for the public is reflected in the project objectives which talk about creating a distinctive destination, an exceptional design, enhancing and connecting the area and balancing financial returns with public outcomes.
“The successful proponent will secure the best development opportunity currently available in Melbourne in terms of location, flexibility, amenity, infrastructure and marketability.
“We have an excellent site in the heart of a prosperous city with a strong property market and I am looking forward to seeing what the innovation and creativity of industry can deliver for Melbourne,” Mr Hodgett said.
Expressions of Interest for Federation Square East close on 11 December 2014. For more information or to register, please visit www.fedsquareeast.com.au
Media contact: Les White 0409 805 122