The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
JOIN US FOR A ONE-DAY DEEP DIVE INTO THE FUTURE OF THE INDUSTRIAL SECTOR
FIND OUT HOW THE INDUSTRIAL MARKET IS CHANGING IN 2026
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
PlanningStaff WriterTue 02 Aug 16

How Melbourne's Queen Victoria Redevelopment Will Revitalise The City

TUD+ MEMBER CONTENT
QVM-Dairy-Produce-Hall-12857-624x416_620x380
SHARE
print
Print

More than $250 million will be injected over the next five years into Melbourne's Queen Victoria Market redevelopment, with the view to create a world-class market precinct with better facilities and open spaces.

The City of Melbourne recently released details on how and when it intends to revitalise the Queen Victoria Market while keeping it open for business right throughout renewal.

As part of the proposed $250 million renewal, heritage sheds will undergo necessary restoration works, below-ground facilities will be built for traders and new public open spaces will be created.

Lord Mayor Robert Doyle said all projects seek to preserve the market's history and secure its future, attracting new customers and creating a more viable, prosperous and safer market for traders.

Credit: City of Melbourne"Queen Victoria Market is now and will always be a functioning, authentic market, and the proposed renewal works will vastly improve facilities for traders and customers, and create new open spaces," the Lord Mayor said.

"More than half the proposed budget will be spent below-ground, with cool rooms, storage, and dedicated delivery and loading docks to make the market safer, improve operations for traders, and create more room for customers and market trade in the long-term.

Credit: City of Melbourne"This ambitious project would have the largest 'reach' in terms of economic uplift and job creation of any project the City of Melbourne has undertaken, delivering an estimated net benefit of up to $1.2 billion with an impressive benefit cost ratio of 6:1, and the potential to create around 12,000 jobs."


Fast Facts: Queen Victoria Markets 

  • One of Melbourne’s significant inner city sites, the Queen Victoria Market has welcomed visitors since 1878.

  • Formerly a cemetery, livestock and wholesale fruit and vegetable market.

  • Listed as an historic place by Heritage Victoria, noted on the Historic Buildings Register and classified by the National Trust.

  • The most visited attraction in Victoria - attracting close to 10 million visitors each year.

  • Australia’s largest open air market spread over two city blocks in Melbourne’s Central Business District.

  • Over 700 traders, mostly family owned and operated 3rd generation businesses.


Implementation Framework

An Implementation Framework will be considered by Council on Tuesday 26 July, outlining how key projects will be staged over the next five years. In recent weeks, all trader groups have been briefed on the staging approach and the commitment to work with them through the entire renewal process.

Credit: City of Melbourne"It is expected that the renewal will take five years to complete, not up to 10 as initially thought, with many of the projects to be completed within one to two years of starting," the Lord Mayor said.

Queen Victoria Market Board Chairman Paul Guerra said that some traders would need to relocate to enable the renewal works but new market sites would be created during the renewal program.

Queen Victoria Market Renewal website.

RetailAustraliaMelbourneArchitectureFinancePlanningPlanningSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Multiplex Moderna facility
Exclusive

Industrial Subsectors Win Investor Attention as Demand Blossoms

Clare Burnett
7 Min
Bee Bricks hero
Exclusive

Beyond Green: The Rise of Net-Positive Architecture in Australia

Clare Burnett
7 Min
Exclusive

Central Element Hotel Debut Spearheads Oxford Street Renewal

Taryn Paris
8 Min
London skyline near the walkie talkie tower showing the 85 gracechurch street development.
Exclusive

Basilica to Business: London Office Tower’s Historic Rework

Renee McKeown
6 Min
Hotel Indigo Adelaide hero
Exclusive

Neighbourhood Hotels Reinvent Urban Hospitality

Clare Burnett
5 Min
View All >
Woden Village hero
Residential

Hellenic Club Plots 200-Home Stage for ACT Masterplan

Clare Burnett
Nambour CBD Rooming Accommodation DA hero
Affordable & Social Housing

‘Vertical Living’ Vision for Historic Sunshine Coast Town

Phil Bartsch
Sponsored

Rare Newcastle Wharf Project Now Accepting EOIs

Partner Content
Expressions of interest open for a landmark site reshaping Newcastle’s waterfront story...
LATEST
Woden Village hero
Residential

Hellenic Club Plots 200-Home Stage for ACT Masterplan

Clare Burnett
2 Min
Nambour CBD Rooming Accommodation DA hero
Affordable & Social Housing

‘Vertical Living’ Vision for Historic Sunshine Coast Town

Phil Bartsch
3 Min
Development

Rare Newcastle Wharf Project Now Accepting EOIs

Partner Content
3 Min
Leeka 188 Commercial Road Prahran HERO
Residential

Leeka Wins Nod for 32-Home Project at Prahran

Leon Della Bosca
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/queen-victoria-redevelopment-to-revitalise-melbourne