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..
Buyers unsurprisingly are still showing a keen interest in Collingwood's apartment market, as demonstrated by Pace of Collingwood's strong sales. Pace Development Group's latest project notched the enviable figure of accounting for 50% of the building's apartments during its first week at sales.