26.08.20
Multi-billion dollar Infrastructure bonanza to reshape Melbourne
A bonanza of major infrastructure projects is about to reshape Melbourne forever as the city’s rapidly growing population prepares to overtake Sydney’s within six years.
With the city on track for an additional one million people, or 620,000 new households in the next 30 years, the scene is set for a staggering array of major developments and game-changing transport projects.
Leading the way is Victoria’s largest ever road project – the $15.8 billion North-East Link, along with the Metro Tunnel and the Queen Victoria Market Precinct Renewal.
CDL Australia has already acquired three significant development sites in Melbourne, with the countdown on to the start of construction at The Marker – a unique project which will redefine urban living on the inner westside.
A new chapter in the city’s evolution
Melbourne is entering a new era of urban development as Australia’s fastest growing capital city.
For the first time in its history, urban infill development is outstripping greenfield development on the edges of the city.
The Marker, CDL’s first Melbourne project in a joint venture with Lechte Corporation and Crema Group, is at the forefront of this new chapter in inner-city living.
At the very heart of a revitalised western CBD fringe which will transform Spencer Street into a leafy residential borough, the eight-level landmark is set to become one of the statement pieces of the historic neighbourhood.
Perfectly in sync with a city ‘’growing up’’ rather than out, it combines the best of all worlds – connected to the urban heartbeat and the convenience of shops, cafes and transport but at the same time providing a peaceful retreat from the busyness of life.
CDL also has another two DA-approved projects in the city – at North Melbourne and Fitzroy – in partnership with highly experienced local development companies.
Top Melbourne infrastructure projects
