Queen Victoria Market advances as part of City of Melbourne's 2016-17 budget

City of Melbourne's draft 2016-17 Annual Plan and Budget was released late last week, with public submissions set to be accepted up until the Future Melbourne Committee decides upon the budget on 16 June 2016.

With total spending of $495.89 million, $399.41 million is expected to be dedicated toward programs and services, while $108.48 million is earmarked for infrastructure programs.

Council's headline project, the Queen Victoria Market, is likely to receive a further $8.45 million, in addition to the $76 million outlaid on acquiring the adjoining Munro site which forms part of the overall project.

The $250 million renewal of the Queen Victoria Market Precinct is the largest project in Council’s history: a world-class regeneration of a much-loved market that will improve the trader, customer and visitor experience.

We’re now moving from planning to project delivery and this $8.45 million will allow us to implement the Queen Victoria Market Master Plan.

We will soon release a detailed plan outlining how key renewal projects will be managed. In the initial stages, this will include upgrades to trader facilities to address safety issues and better meet trader requirements.

Lord Mayor Robert Doyle

In addition to Queen Vic's redevelopment, a host of further infrastructure projects slated for the forthcoming financial year include:

  • Energy efficient street light renewal: $5 million
  • Major streetscape improvements and design: $4.35 million
  • Urban landscapes climate adaptation (new streets and associated open spaces): $2.656 million
  • Lady Huntingfield Child Care Centre Upgrade: $2.2 million
  • Tree planting program (3000 trees): $1.5 million
  • Bicycle Improvement Program: $1.56 million
  • Green Your Laneway Pilot Project: $1.3 million
  • Hawke and Adderley Street open space: $1.1 million
  • Flood mitigation new works: $1 million
  • Implementation of Docklands Community and Place Plan: $1 million
  • Southbank Boulevard upgrading: $1 million

The Draft 2016-17 Annual Plan and Budget accommodates for population growth and according shifts in demand for council support and services.

Melbourne has changed dramatically in the last four years and population growth is one of the biggest challenges we have faced.

Last year our city experienced a 5.5 per cent increase in population growth - an additional 6800 people brought our total population to more than 129,000 people. This is the final budget of this Council and it is focused on smart and sustainable investments.

This will ensure we have a well-planned city to meet the needs of our growing community without compromising its character and liveability.

Councillor Ken Ong, Chair of the Planning portfolio

As elections will be held on Saturday, 22 October 2016 to determine Melbourne's City Council's leadership team, the Draft 2016-17 Annual Plan and Budget is the last under the current leadership regime. This final budget also concludes Council's four year vision, with an emphasis on growth, prosperity and liveability.

According to City of Melbourne, the final budget also cements the current Council’s legacy: one of a Melbourne that is a great place to work, live and visit.


Development & Planning

Monday, December 11, 2017 - 12:00
Brunswick's Anstey Precinct is in for a massive shot of development as Melbourne's Nightingale Housing plans seven separate buildings in a project that will be dubbed Nightingale Village. Already accustomed to urban renewal, the area surrounding Anstey Station is set to benefit from the unprecedented move by Nightingale Housing to develop what amounts to an entire street.

Policy, Culture & Opinion

Monday, November 20, 2017 - 12:00
The marriage of old and new can be a difficult process, particularly when the existing structure has intrinsic heritage value. In previous times Fitzroy's 237 Napier Street served as the home of furniture manufacturer C.F. Rojo and Sons. Taking root during 1887, Christobel Rojo oversaw operations though over time the site would become home to furniture manufacturer Thonet.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.


Transport & Design

Saturday, December 9, 2017 - 00:00
Spring Street has released details of a large shutdown of the Pakenham/Cranbourne and Frankston lines which will allow workers to complete major upgrades to the rail infrastructure. The work is required to allow for the introduction of the new High Capacity Metro Trains (HCMTs) and will involve upgrading power & catenary, signalling and communications equipment in the Dandenong (Pakenham/Cranbourne) corridor.

Sustainability & Environment

Tuesday, October 24, 2017 - 12:00
Cbus Property's office development for Medibank at 720 Bourke Street in Docklands recently became the first Australian existing property to receive a WELL Certification, Gold Shell and Core rating. The WELL rating goes beyond sustainable building features with a greater focus on the health and well-being of a building's occupants.