High-rises planned in $1.7 billion Lendlease, Melbourne City Council redevelopment



The council says the brand new 1.8 hectare Market Sq. – which was first proposed in 2019 – would unlock one of many largest open areas within the CBD. However some market goers and merchants argue that the lack of the open-air carpark would destroy the market.

The council insists there can be no lack of parking. It says an underground carpark can be constructed within the precinct with 220 automotive areas for market prospects and an additional 80 automotive areas beneath the workplace constructing obtainable to the general public on weekends.

The Queen Victoria Market car park.

The Queen Victoria Market automotive park.Credit score: Joe Armao

An additional 500 carparks for market prospects are already obtainable within the Munro constructing on the nook of Queen and Therry streets.

However Pals of Queen Victoria Market president Mary-Lou Howie mentioned the open-air automotive park was extra handy for patrons and very important to the viability of the market. “They need to pedestrianise the entire market – this isn’t going to work. They need to convert it right into a hospitality and occasions area.”

The redevelopment of the market precinct, which has been dogged by controversy, additionally consists of the restoration of the market’s historic sheds, new services for merchants, a meals courtroom and a library and neighborhood hub.

An artist’s impression of Gurrowa Place.

An artist’s impression of Gurrowa Place.

Lord Mayor Sally Capp mentioned Gurrowa Place would appeal to hundreds of latest residents, staff and guests.

“Merchants will profit from extra prospects and exercise, with each greenback of this sale reinvested into the preservation and renewal of the precinct,” she mentioned.

“We’re proud to companion with Lendlease to ship 15 per cent inexpensive housing. That is the most important dedication of inexpensive housing by the council – and one of many largest provisions by the private and non-private sectors in a mixed-use improvement.”


Lendlease managing director of improvement Tom Mackellar mentioned the creation of Gurrowa Place was the start of the subsequent chapter within the 140-year evolution of Queen Victoria Market.

“Landlease seems ahead to working alongside the Metropolis of Melbourne, Scape and all mission companions to ship a reimagined precinct that preserves the center and soul of this Melbourne landmark whereas making certain it continues to thrive,” Mackellar mentioned.

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