Planning Minister Approves $800 Million-Plus Redevelopment of Ex-Age Site, Melbourne

IT USED to be considered the dankest end of the Melbourne CBD – but now two former industrial sites opposite the Southern Cross train station are to make way for some ten swank skyscrapers accommodating some 5500 apartments.

Yesterday Victorian planning minister Matthew Guy approved an $800 million redevelopment of the former Age newspaper site at 250 Spencer Street.

The proposal – seen in ISPT’s 2012 annual report – seeks to add six skyscrapers and 2994 flats to the block which for years houses The Age newspaper.

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New Skyscraper Plan For 420 Spencer Street, West Melbourne

UNHAPPY with a permit for a landmark 26-storey tower – handed out in 2002 by then-planning minister Mary Delahunty – the new owners of a historic 1930s theatre near the Queen Victoria Market have applied with the new planning minister, Matthew Guy, to build something taller and denser.

Delahunty, whose recent autobiography confirmed developers wield influence over the ALP government in covert ways, controversially approved a plan nine years ago which would have seen the art-deco building at 420 Spencer Street, at the south-east corner of Dudley Street, in West Melbourne, demolished and replaced with an 83-metre Fender Katsalidis skyscraper.

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Planning Minister Justin Madden Approves Massive Upper West Side Project

HONG Kong based developer Far East Consortium is ready to redevelop one of the Melbourne CBD’s biggest remaining development sites.

Planning Minister Justin Madden this week approved the construction of a $1 billion-plus, multi-skyscraper compound, to replace the notorious eyesore known between 1950 and 2008 as the Lonsdale Street power station, at the Docklands-CBD suburb border, opposite the Southern Cross train station.

The Upper West Side complex, as it has been marketed, will include four major skyscrapers between 31 and 50 levels – linked by a one hectare podium rooftop garden – with a veggie patch and children’s play area. Retail will flank the ground levels.

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