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Melbourne CBD dwellers to get a new park

Market Insights
5 years ago
1 minutes

As part of the $450 million apartment and retail development at Melbourne’s Queen Victoria Market, initial plans were to create an extensive car park. But the idea has just been scrapped in favour of something far more enjoyable for nearby apartment dwellers.

Lord Mayor Sally Capp announced that the new proposal, by NH Architecture, will instead deliver 1,000 car parks within development sites adjacent to the market, meaning locals will now benefit from a brand new public park instead.

“Under the plan, once the new car parks are complete, the existing asphalt carpark will become a 1.5-hectare public open space called Market Square,” Capp said.

“We plan to prepare a design brief to create Melbourne’s largest new urban public open space. The square will complement the market by creating places where people can eat and attend events and community festivals.”

Melbourne is the fastest growing city in Australia, so the need for communal open green spaces has never been more important. And given the increasing number of apartment buildings in the area, this is great news for CBD residents who can now look forward to plenty of open space to relax and enjoy on their doorstep.

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Work began on the Queen Victoria Market project in January. The City of Melbourne had purchased the corner site for a reported $76 million in order to protect it from inappropriate development, as well as to prevent a supermarket from challenging the fresh food offerings of Queen Victoria Market.

In addition to the new public park, the project will deliver affordable housing, 120-place childcare centre, shops and cafes. Developer PDG is also creating a 320-apartment residential tower which will include an 80-room hotel.

source: urbandeveloper