The value of land for large Fishermans Bend landowners including Goodman Group, Dexus and GPT Group remains in question because the Victorian state government has failed to commit to transport connections to the 480-hectare precinct on Melbourne's edge.
Owners and developers got some certainty around the former industrial precinct on the southern edge of Melbourne's Docklands on Friday with the announcement by Planning Minister Richard Wynne of a planning framework to guide development of the area into a residential and employment hub.
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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
