Search is on for Fed Square extension
The Victorian Government has invited businesses to submit their proposals for the extension of Melbourne’s iconic Federation Square.
The Federation Square East project will cover the rail lines leading into Melbourne’s Flinders Street Station.
“This is an important site for Melbourne and Victoria with enormous potential to improve the links between the CBD and Yarra River,” Premier Denis Napthine said.
State Minister for Major Projects David Hodgett said the Napthine Government would seek suggestions on the physical form and civic functionality of the site, as well as gauging its commercial viability, through feedback on:
- commercial structures
- ownership structures
- contractual structures
- the apportionment of risk, and
- costs and extent of any State contribution required.
“There are enormous challenges to developing this site, particularly the cost and complexity of constructing a deck over the rail lines,” Mr Hodgett said.
Major Projects Victoria will release a Request for Industry Submissions for Federation Square East on Tuesday 30 April 2013. For more details please visit www.mpv.vic.gov.au