A giant Asian-themed fresh food market - and an adjoining bazaar selling clothing and variety goods – will be developed on the outgoing Forges of Footscray site, in Melbourne’s west.
 
The syndicate of Vietnamese businessmen that paid about $16 million for the near - one hectare collection of properties in July, will split the site in central Footscray into two envelopes, divided by Albert Street.

Industry experts unanimously agree the recent surge in real estate values in Melbourne is unsustainable.