According to a news report on Channel 7 this evening the redevelopment of the Queen Victoria Market is still alive. Looks like they're going to extend Franklin Street through to connect with Dudley Street, then sell off the land on the other side and develop 2x50 storey towers which will be used to fund the redevelopment of the market. The car park is set to go with a park to replace it. Can't find anymore information at the moment..
1,284,577 square metres is the raw number. Urban Melbourne's Project Database is keeping tabs on close to 1.3 million square metres of office space at various stages of development across Melbourne. It is a phenomenal figure which shows just how bullish the office sector is across this city.