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Tue March 09 2021

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UKTI highlights opportunities on $680m Melbourne scheme

20 Oct 14 UK Trade & Industry (UKTI) has said that consortium partners are being sought for a AU$680m (£370m) scheme in Melbourne’s central business district.

Evolve Development is putting together consortium partners to bid for the contract to expand Melbourne's Federation Square, says UKTI. Federation Square East will be one of Melbourne’s largest government-backed construction projects in the city’s history. Evolve has formed a consortium with Brookfield Multiplex, which is backed by its main lender ANZ Bank in its bid for the Federation Square East project.

The main feature of the proposed Federation Square East project will be a public space that will cover the rail yards that extend to the east of the square. Other features will include a park, retail spaces, a large canopy, a great hall, a minor hall, a pedestrian bridge over the Yarra River and an underground car park. The proposal covers a total area of 3.3ha of land included, including 2.3ha of rail yards and 1ha is currently used for car parking.

Evolve is one of Melbourne's largest apartment and land estate developers, with AU$1b-worth of developments currently under way.

The Victorian state government has just completed a request for industry submissions. After considering the submissions, the government will then decide what form the project will take and the timeline and process for selecting a developer, by the end of the year.

For more information about the opportunity, contact UKTI (link opens in new tab).

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