Expert insights Buying Residential planned for former Melbourne Convention and Exhibition Centre redevelopment
Residential planned for former Melbourne Convention and Exhibition Centre redevelopment
Jonathan ChancellorDecember 7, 2020
Architects Elenberg Fraser have designed a four-tower, 1,162-apartment development for Eureka Funds Management and developer Clement Lee for the former Melbourne Convention and Exhibition Centre site.
The site has current approval for a 75,000 square-metre office project across two towers.
The Australian Financial Review says it is a $400 million plus high density residential project.
The syndicate acquired the property from the state government four years ago for about $40 million.
The site falls under the City of Melbourne’s flexible CBD zone.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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Melbourne