Where are Melbourne's strategic growth centres?
Melbourne's crane index is a great indicator of the growth of the construction industry, and which areas we can expect to see ongoing building work. Melbourne's key crane hotspots are the CBD, Carlton, Caulfield, Chadstone, Docklands, Toorak and Southbank. These areas will increase the number of projects to tender on and increase Melbourne's plant hire numbers.
Toorak Park
Tooak Park, a new neighbourhood currently being constructed in one of Melbourne's most affluent and sort after suburbs, Armadale. The neighbourhood will include active open spaces, 448 apartments, 16 townhouses, a pool, gym and a Bluestone plaza with a cafe and convenience store. The project will transform 2.5 hectares to connect current amenities and the leafy suburbs of Armadale. The project is already underway and estimated completion is late 2018.
Chadstone Shopping Centre
The development of Chadstone Shopping Centre will see the addition of a 10 level office tower, basement car parking and major luxury retail extension. This project will add 60,000 square meters to the shopping centre. The project is already underway with expected staged openings expected for mid 2017.
Docklands - Harbour Esplanade
The vision behind Harbour Esplanade is for it to be a primary public space in the Docklands, allowing people to experience Melbourne's rich industrial heritage along a fine waterfront boulevard. Stage one is already complete, realigning the tram track, creating pedestrian and cyclist paths and planting Norfolk Island Pines.
Stage two is underway, the removal of four raised concrete wharves along the Esplanade is already completed. In order to create interest and activity around the Harbour Esplanade during development, a glasshouse with a cafe and edible plant installations has been built.
Stage three is set to deliver an eight metre wide waterfront promenade which stretches along the length of the Esplanade divided into seven zones, each adding something unique to the Esplanade.
Interested in working in one of Melbourne's construction hotspots? Prepare a winning tender application by understanding what tender assessors are looking for. Hiring local suppliers can help improve your bid, check out this free eBook to see why Melbourne equipment hire might help you win your next project.
Recent Articles
New investment to progress planning on NSW M1 Pacific Motorway upgrades
Planning is progressing for upgrades along the M1 Pacific Motorway corridor between Tweed Heads and Byron Bay on the North Coast of New South Wales, with the Minns Labor Government committing $15 million in the 2026-27 NSW Budget.
2026-27 QLD Budget commits $55.9bn for Safer Roads, Better Transport
In the 2026-27 State Budget, the Queensland Government is committing $55.9 billion over four years to deliver infrastructure that will boost safety on state roads and provide better transport options to get Queenslanders home sooner and safer.
Preferred option identified for Thurgoona Drive interchange upgrade
Transport for NSW has identified a preferred option for the Thurgoona Drive Interchange Upgrade in Albury, taking this project another step closer to construction.