Friday, 30 August 2019

Melbourne's $15 Billion Building Boom

Melbourne was in the 1990's regarded as one of the few cities in the world to have retained it's Victoria heritage. Since then the destruction of that city continues with little respite. Today $15,000,000,000 is being spend on skyscrapers within the CBD, Docklands and Southbank, with 60% of that for residential use. In other words more foreigners.

Premier Tower $250,000,000

180 Flinders Street $300,000,000

Aurora Melbourne Central $730,000,000

Victoria Police HQ $750,000,000

Olderfleet $800,000,000

Australia 108 $900,000,000

Queens Place $1,000,000,000

Westside Place $1,000,000,000

Collins Arch $1,250,000,000

Melbourne Quarter $1,900,000,000

Melbourne Square $2,800,000,000

That leaves a further $3,000,000,000 for other destructive building.

Today there are 123 cranes in use in Melbournes.

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