Construction begins on $1.25bn mixed-use development in Melbourne

Monica Gameng   |   October 10, 2016

Multiplex has begun construction on the $1.25 billion Collins Arch development – also known as “The Pantscraper” – at 447 Collins Street in Melbourne.

The CBUS Property development – designed by Woods Bagot and New York-based firm Shop Architects – will have two 42-storey towers connected at the very top by a sky bridge. The towers will have up to 250 one, two and three-bedroom apartments as well as office spaces, a five-star hotel and shops.

The development will cover up to 2,000 square-metres of public open space which includes a new park at the corner of Collins and Market streets.

1475722913969.jpgArtist impression (source: Australian Financial Review)

“This project will revitalise a dormant CBD block while delivering more construction jobs – that’s a great example of how our planning policies encourage a contribution to the city.

“We worked with the council and CBUS so the final design would protect the Yarra River, deliver more parkland in the city and reflects our push for long-term design we can be proud of,” said Minister for Planning Richard Wynne.

Watch this space for more industry news and project updates by subscribing to Felix Project News today.

Source: Premier of Victoria

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

Projects
Construction of $300m office building in Adelaide to create 2000 jobs

A new 20-storey office building is going to be built in Adelaide, South Australia which will create thousands of jobs during its construction as well as deliver long term savings for South Australian taxpayers. 

News, Projects
Canberra contractor wins $300m contract to build new government building

The contract to deliver a $300 million government office complex in Canberra has been awarded. From six shortlisted tenderers, Canberra-based company Capital Property Group (CPG) was chosen to transform the existing car park in Civic into a 20,000 square metre office building that will house at least 1,700 public servants by October 2020.

Projects
Cbus Property awards $180m construction contract for Newmarket Randwick project in NSW

Sydney-based builder Ganellen has been awarded a $180 million contract by Cbus Property to deliver the first stage of its masterplanned Newmarket Randwick development in New South Wales.

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog.

Join thousands of construction and mining pros getting the best content right in their inbox.

✓ updates on Australia's pipeline of state and federal projects

✓ fresh contract awards from major contractors and builders

Complete the form to get started