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.
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.
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.
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.
Until very recently, years of lax controls allowed Melbourne – fuelled by local and overseas capital – to build apartments with four times the maximum density allowed in high-rise capitals like Hong Kong, New York and Tokyo. However, in early September, the state government imposed limits on the desnity of buildings developers can put on sites. It also made Melbourne's discretionary height limits mandatory. So how have Melbourne's developers adjusted? Many have made the switch to develop hotels, rather than residential towers.
The Victorian Government has approved three apartment towers in Melbourne's CBD, part of a precinct plan to build a new city neighbourhood that will be home to 10,000 workers, 3,000 residents and 1,690 apartments.
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