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Metro Tunnel

Yesterday

John Holland is taking losses on its construction contracts for Melbourne’s new Metro Tunnel and stations

Melbourne blowouts tip John Holland into $55.5m loss

The construction giant slid into the red from a profit of almost $100 million a year earlier due to “project delivery issues” and cost blowouts.

January

Marwood Property Group is planning to erect a New York-style charging bull statue outside the 432 St Kilda Road building has acquired for $28 million and will spend $5 million upgrading.

No bull, this developer just got a 33pc discount on an office tower

A local developer has ambitious plans – including a famous statue – for the Melbourne fringe office tower he says will be transformed by the Metro Rail opening.

October 2024

Space for rent: Aoife Kealy, Cross Yarra Partnership’s director for commercial development and services at Melbourne’s Parkville Metro station on Tuesday.

No trains or passengers yet, but Melbourne’s new Metro Rail has shops

Passengers travelling through the twin 9-kilometre tunnels, opening next year, will create a whole new market of shoppers for retailers.

Original URL: https://www.afr.com/topic/metro-tunnel-6gwn