Lendlease is set to take on a $1 billion-plus mixed-use development at Melbourne’s Queen Victoria Market, having secured preferred tenderer status for the so-called Southern Site project.
The developer beat shortlisted rival Brookfield to secure the development on the 11,892-square-metre site at the southern end of the seven-hectare market precinct, sources told The Australian Financial Review.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com