$300 Million Melbourne Wholesale Fruit, Vegetable and Flower Market Set to Start Construction

CONSTRUCTION of the controversial $300 million Melbourne Wholesale Fruit, Vegetable and Flower Market is one step closer to starting, after Bovis Lend Lease anounced it signed the final contract today.

The decision will mean substantial tracts of land in West Melbourne, between the CBD and Footscray, is now, effectively, earmarked for redevelopment.

Below is a statement from Bovis Lend Lease about the project:

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Stockland Pays $58 Million For Two Major Development Sites, Melbourne

Stockland chief Matthew QuinnSYDNEY-based developer Stockland has paid about $58 million for two major residential development sites in Melbourne’s outer north.

In the same week the company announced it would focus less on developing apartments, and more on providing low density housing, the group announced two separate land purchases, of 52.4 hectares, and 65 hectares, in Wollert, about 25 kilometres from town.

Stockland is expected to yield 1100 housing lots from the sites, giving it exposure to Melbourne’s burgeoning Epping growth corridor for some years.

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