Following a very disrupted 2020, construction in Victoria is set to amp up, with builders ready to break ground on some exciting high-profile construction projects this year. Here are six projects we’re looking forward to following closely this year.
In a joint venture between the AFL and the State Government, Marvel Stadium will receive upgrades to the tune of $225 million. The facelift is part of a wider effort to reposition the Docklands as a lifestyle precinct, and Marvel as a world-class sports and entertainment hub.
Plans for the upgrade include a Town Square plaza for pedestrians arriving from the Bourke Street footbridge, function rooms and upgraded dining facilities including space for night markets, to drive foot traffic and make the stadium a 7-day-a-week destination.
Probuild, Lendlease, Multiplex, Kane and Watpac are expected to tender for the project.
Prime Minister Scott Morrison announced in November plans for a $1.8 billion vaccine manufacturing plant in Tullamarine, funded by Biotech company Seqirus, and the Federal Government.
The vaccine plant will be the largest in the southern hemisphere, and will provide an ongoing supply of vaccines and antivenoms throughout Australia to respond to critical health conditions.
Watpac is the preferred builder for this contract.
The $1.5 billion Footscray Hospital project is set to commence this year. The new hospital will be the largest ever healthcare infrastructure project in Victorian history, and will provide a much-needed upgrade to the existing offering in Melbourne’s west.
The hospital will replace the existing 290-bed Footscray Hospital and have a capacity of at least 504 beds, facilitating over 15,000 extra patients per year.
Multiplex was announced the builder last year, and will work within a consortium of Plenary Group, Sojitz Corporation, Honeywell and Compass.
Construction on Grocon’s Richmond Quarter is set to ramp up this year. Hacer has begun laying foundations for the 12-storey retail and residential complex on the corner of Bridge Road and Church Street.
The ground floor retail portion will include a new Coles supermarket and Vintage Cellars with room for specialty stores, offices, a dining precinct and gym. The development will have single ownership, with the 300 apartments built-to-rent.
Charter Hall’s $1.5 billion twin-tower development in the CBD’s west end was granted fast-tracked approval by the Victorian government last year, with Lendlease awarded the contract for the build.
Construction on the project began in 2020, with demolition completed across three city blocks, between Collins and King Streets and Flinders Lane.
Charter Hall locked in Amazon as anchor tenant in December. The tech giant will enjoy 48,000 sq m of office space across an entire tower.
The $150 million Wyndham City Stadium was originally slated to begin hosting games in 2022.
The proposed 15,000 seat stadium, which is being totally funded by the Wyndham Council’s value-capture system, and has Probuild attached to complete construction, was due to commence construction midway through 2020, however no sod has been turned.
In September, however, Western United FC, which will call the stadium home, announced a further $25 million training ground with a 5,000 seat stand and community facilities.
It remains to be seen the result of the scarcely-used financial model, which was originally touted as a means to accelerate Australia’s economic recovery from COVID-19.
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