The state government of Victoria has approved a new master plan to transform the former Melbourne Convention Centre site on Spencer Street, Australia.
Plans to transform the under-used site include a $200M three-tower development and feature three apartment buildings ranging from 27–34 levels, with 1,060 apartments, retail space, and spaces for 451 cars and 160 bicycles.
While portions of the former Melbourne Convention Centre are being demolished to make way for the development, the 13-level Crown Plaza Hotel, which overlooks the Yarra River, will remain as it is.
Minister for Planning Richard Wynne said: “This is a good development in a prime location near Southern Cross Station, trams and public space along the Yarra River which will provide more housing at the gateway between the CBD and Docklands.
“This master plan shows how we can deliver more housing in under-used parts of the city while increasing the amount of parks and open space for the public.”
* Data provided by Timetric's Construction Intelligence Center.