Lendlease to deliver Queen Victoria Market revitalisation
Image credit: Queen Victoria Market
The City of Melbourne has announced Lendlease as their preferred development partner to transform the southern precinct of the iconic Queen Victoria Market.
Gurrowa Place – which means a place of exchange and interchange to the Wurundjeri Woi-wurrung People – will be located next door to the market, and will feature:
- Build-to-rent apartments with 15% affordable housing
- Student accommodation
- Office space across three buildings
- A new underground car park with up to 300 spaces for weekend market-goers
The cost of the project is estimated to be $1.7 billion and is the largest urban renewal project undertaken by the City of Melbourne. It will complement other upcoming, council-led projects including the transformation of the existing open-air carpark into a new market space – to be called Market Square.
Project design partners include NH Architecture, Kerstin Thompson Architects, 3XN Australia and Searle x Waldron Architecture, in conjunction with Openwork and McGregor Coxall.
Tom Mackellar, Managing Director of Development at Lendlease, expressed the firm’s excitement at being selected to lead the project.
‘Delivering this project is a once-in-a generation opportunity to be part of one of Melbourne’s most iconic and beloved landmarks that has been serving the people of Melbourne for the past 140 years.’