The Victorian Government has paved the way for employment-creating construction projects worth more than A$1 billion to start and help start the economy.
Finance Minister Tim Pallas announced today that the government’s “Working Group on Helping Victoria Recover Construction” has quickly tracked seven other projects, all of which have now been approved by the plan. As the state continues to recover from the economic impact of the coronavirus crisis, these projects are more important than ever. With the increasing number of cranes in the air, this means that whether during or after construction, There will be more jobs in Victoria.
The latest projects that have obtained planning permission include:
A twin tower residential development worth $291 million, located at 938 Collins Street, Docklands, has 668 apartments.
A $250 million development project at 31 Station Street Caulfield, which includes “build-to-rent” space, affordable housing, supermarkets, retail and office space
A $150 million construction of the Geelong city centre includes a 6-storey commercial building used as the new city hall in Greater Geelong and a 12-storey commercial building that can accommodate 900 full-time employees.
The A$200 million solar power station in Kennedys Creek, 5 kilometers northeast of Benalla, generates 115 megawatts, enough to power more than 50,000 homes
Two multi-storey apartment buildings at 103-109 and 115-117 Boundary Road, North Melbourne, retail and office space, valued at $41.2 million
A$70 million development on 346-350 Macaulay Road Kensington, including 6 multi-storey buildings, accommodating 426 residential and retail spaces
A 9-story multi-functional integrated development project costing A$110 million is located at 285A Burke Road, Glen Iris, adjacent to Gardiner Railway Station, and includes 11 residences funded by the National Disability Insurance Scheme.
https://theurbandeveloper.com/articles/victoria-fast-tracks-seven-development-projects