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Written by Marc Pallisco
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Monday, 03 May 2010 07:28 |
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CRANES, scaffolding and trucks are about to become familiar sights around the Queen Victoria Market, when the developer who purchased a slice of the former City Mazda dealership nearby, starts construction of a major new apartment-based village.
Melbourne-based builder Mider will start building the first of two apartment towers within its Infinity 8 project in Franklin Street, next month.
A second and much taller tower called Infinity 88, rising 19 levels and including 168 units, is being marketed at the moment and is expected to also rise from the ground this year. In three weeks, 103 apartments in Infinity 88 have sold.
Late last year, a 104-unit complex which will be the first tower to be developed on Mider’s site, sold out in four weeks.
Mider managing director Anton Wilson said a boutique hotel on a third piece of his property, opposite the Queen Victoria Market car park, will be developed in about 2012.
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