Building a Better Victoria
In terms of population, Melbourne is currently the second-largest city in Australia, but this won't likely be the case for very much longer. Many analysts believe that Melbourne will overtake Sydney sometime within the next decade or two.
The city of Melbourne maintains its position as one of the top spots on the list of the most livable cities in the world. It is the nation's sporting capital, in addition to being a significant destination for excellent cuisine, café culture, fashion, and art, so it is not difficult to understand why this is the case.
A leading economy is only one of the numerous attractions that Melbourne has to offer; the city is also home to some of the best healthcare, educational, amenity, and infrastructural systems in the world.
Because Melbourne is a genuinely global city, many people decide to invest in the city's real estate market as a vital place for their portfolio.
Would you like to speak to a specialist? Book a complimentary discovery session by calling: (03)999 81940 or emailing team@klearpicture.com.au.
As the pace of the delivery of key projects picks up in Victoria, more than $100 billion worth of new roads, rail lines, hospitals, skyscrapers, jails, wind farms, and other forms of infrastructure are either now being constructed there or are in the planning stages.
The value of what is being constructed in Victoria, as well as what is planned to be developed, has reached a new all-time high of $106.2 billion because to an increase in investment in new projects by both governments and corporations.
The list of projects in development or under consideration in Victoria increased by $18.5 billion during the three months leading up to June, making it the state with the fastest-growing infrastructure boom relative to the other states.
In order to develop greater capacity on existing networks and fund enhancements across the road, rail, and port, the government of Victoria is investing 57 billion Australian dollars in significant infrastructure and smart technology projects that are currently under construction.
As our population continues to increase at a rapid rate and the economy continues to shift, it will be essential for us to have transit that is both modern and reliable in order to preserve our wealth, maintain high levels of property investments, and keep our world-famous liveability.
Melbourne Airport Rail Link
The long-planned rail route to Melbourne Airport is one of the new projects that are now under construction. Both governments have committed $5 billion to this project, and with an additional $15.8 billion being spent on the North East Link, Victorians are finally going to be able to take advantage of the long-awaited Melbourne Airport Rail Link. On the 14th of March in 2019, the Victorian and Federal governments will officially give their approval to the project.
The missing link will connect communities and give Victorians options. It will deliver a new super-hub at Sunshine, reduce congestion on the freeway leading to the airport, and unlock capacity for the expanding population in Melbourne's north-western suburbs.
By the year 2020, the business case should be delivered. It will evaluate the various station and procurement choices, as well as prospects for value capture and development, and it will conduct an economic analysis.
In addition to this, a reference committee will be established in order to consult with members of the community, the industry, and the local government.
The governments of Victoria and the United States have each pledged up to $5 billion to fund the construction of the missing link. It is projected that the overall cost of the project will be somewhere in the range of $8 billion to $13 billion.
It is anticipated that construction will begin in 2022 and continue for up to nine years. The toll road, would cost an estimated 1.75 billion dollars according to the Turnbull government's projections.
Cranbourne Line Duplication
Increasing the frequency of train service on the Cranbourne line to every ten minutes during peak hours
The project would involve duplicating a stretch of single track that was eight kilometres long and went from Dandenong to Cranbourne.
This would get rid of the bottlenecks that create delays, making it possible to treble the number of train services during peak periods and deliver trains every 10 minutes throughout the whole Cranbourne route.
Additionally, tracks would be upgraded in the vicinity of Caulfield station, which is where the Frankston line diverges from the Cranbourne-Pakenham line, as well as tracks in the vicinity of Dandenong station, which is where the Cranbourne and Pakenham lines break off from one another.
Because of this, trains would be able to run through these stops more rapidly, resulting in fewer delays and people getting home sooner.
The initiative would result in the creation of more than one thousand employees. The next year would see the beginning of detailed planning and procurement, with construction beginning in 2021 and continuing until 2023.
Metro Tunnel
The City Loop needs to have its tangles worked out so that additional trains may travel more often across Melbourne.
Since the construction of the City Loop in the 1970s, Melbourne's largest rail project since then has been the Metro Tunnel. In order to complete the project, twin train tunnels and five subterranean stations will need to be constructed from North Melbourne all the way to the Domain precinct, which is located south of the CBD.
New underground walkways will connect Town Hall Station to Flinders Street Station and State Library Station to Melbourne Central Station. These stations will also be connected to one another. Commuters will be able to connect easily to services provided by the City Loop and the Metro Tunnel as a result of this.
The University of Melbourne and other medical facilities, including the Royal Melbourne Hospital, the Royal Women's Hospital, and the Victorian Comprehensive Cancer Centre, will all be accessible via the Metro Tunnel once construction is complete.
The project will have far-reaching benefits, one of which is that it will take three of the busiest train lines (the Cranbourne/Pakenham and Sunbury lines) through a new tunnel under the city, which will free up space in the City Loop to allow for the operation of more trains entering and exiting the suburbs.
The implementation of brand-new, cutting-edge technology will make it possible for trains to depart every two to three minutes, marking the beginning of Melbourne's transition toward a "turn up and go" rail system.
Streamlining Hoddle Street
Enhancements to the flow of traffic and access for motorists, bicycles, and pedestrians respectively.
The project known as "Streamlining Hoddle Street" will result in an enhanced travelling experience for the 330,000 people who use this busy road each day, both to go along and across it.
In order to make the flow of traffic along Hoddle Street and Punt Road smoother, there will be improvements made to four significant intersections.
In order to enhance both access and safety for cyclists and pedestrians along Swan Street, new pedestrian pathways and crossings, in addition to dedicated cycle lanes, will be constructed. In addition, there will be dedicated lanes for buses and trams, as well as priority for buses at intersections with traffic signals.
At the beginning of 2018, construction began on the project to streamline Hoddle Street, and it is anticipated that the development would be finished by the end of 2019.
Suburban Rail Loop
A rail connection that runs through the centre of Melbourne's suburbs
The recently constructed Suburban Rail Loop is an underground rail link that connects Melbourne's central suburbs.
It will connect key railway lines and feature new stations, stretching from the Frankston line to the Werribee line and passing through Melbourne Airport in the process.
The Suburban Rail Loop will connect the middle suburbs of Melbourne to the priority growth precincts, as well as link all Victorians to important centres of health care, education, and employment.
Suburban Roads Upgrade
In the outer west, north, and south-eastern suburbs of Melbourne, priority roads are undergoing an upgrade.
The upgrade of 20 priority roads around Melbourne's outer west, north, and south-eastern suburbs will be the result of an investment of four billion dollars called the Suburban Roads Upgrade.
Western Roads Upgrade
The projects that will alter eight priority highways in Melbourne's western suburbs and cost a total of $1.8 billion are currently under construction.
In addition, funding will be placed into the maintenance and repair of the more than 260 kilometres of road that stretch between Footscray and Werribee over the course of the next 20 years.
Improvements Made to South Eastern Roads
In the south-east, preparations are currently being made to plan for the addition of additional lanes to:
- Healesville-Koo Wee Rup Road, Pakenham South between Princes Freeway and Manks Road
- Hallam North Road, Endeavour Hills, between Heatherton Road and James Cook Drive
- Narre Warren-Cranbourne Road, Cranbourne, between Thompsons Road and the South Gippsland Highway
- Road safety and surface improvements will be made along Golf Links and Grant Roads, and the roundabout upgraded at Golf Links, Grant, Warrandyte and Baxter-Tooradin Roads in Langwarrin South.
- Lathams Road, Seaford, between Oliphant Way and Dandenong-Frankston Road
- Pound Road West, Dandenong South, between Abbotts Road and South Gippsland Highway, with a new bridge over the Cranbourne train line.
Revitalizing Melbourne Landmark – Flinders Street Station
In order to modernize Flinders Street Station and make it more user-friendly, the state government of Victoria has committed one hundred million dollars to the project.
Midway through the month of February in 2015, the Premier of Victoria, Daniel Andrews, and the Minister for Public Transport, Jacinta Allan, made the announcement that funds would be made available to carry out urgent refurbishment works and upgrade station platforms, entrances, toilets, and information displays.
Without immediate repairs to the station's historic components, those components will soon become hazardous, useless, and beyond repair.
With an expenditure of one hundred million dollars from the Victorian government, essential repairs will be made to the deteriorating facade of the Administration Building as well as the clock tower, and the building will be made watertight.
The works would also be beneficial to tourists and commuters who use the station on a daily basis. The platforms and entrances of the station will be improved to reduce the amount of congestion that occurs during peak travel periods and enable passengers to move through the station more quickly.
Fixes will be made to the restrooms, dirty and underutilized areas will be spruced up and given adequate lighting, and new information displays will be set up.
The undertaking was started in 2015, and its completion is anticipated to take a total of four years. It will be beneficial for the neighboring commercial precinct, the economy, and for maintaining Melbourne's status as a popular tourist destination.
In addition, a business case is currently being developed that will let the Victorian Government to investigate options that will allow them to rehabilitate the ancient ballroom and other decrepit elements of the building, in order to attract new tenants and establish an exciting commercial zone.
The following projects involving the heritage will be carried out:
- rebuilding and repairing the structure's exterior and roof;
- ensuring that the building has a solid foundation;
- preventing water from entering the building;
- preserving and maintaining the integrity of the building structure;
- repairing the historic clock tower and other historic features;
- painting the structure in accordance with the specifications for historic buildings.
Works to improve the station for passengers include:
- enhancing access to the station area and between platforms, particularly finding solutions to the growing pedestrian congestion challenges at the west end of the station;
- putting in place my equipment for the next generation as well as more myki readers;
- installing new passenger information screens and modernizing the lighting;
- redeveloping the restroom facilities;
- improving the customer service at the ticket offices located at the entrances on Flinders Street and Elizabeth Street;
- erecting a massive timetable board with Federation Square and the tram interchange as its primary focal points.
Melbourne's Arts Precinct transformation
The Southbank arts area in Melbourne, Australia, is home to one of the biggest concentrations of artistic, cultural, and creative organizations that can be found anywhere in the world. It hosts up to three thousand different performances and exhibitions every single year.
It is home to the art gallery with the most visitors and the performing arts centre with the most activity in the country. It is also home to the best art education and training institutions, as well as art galleries, theatres, music venues, studios, and creative co-working spaces, among other things.
The transformation of the Melbourne Arts Precinct will result in the addition of several significant new attractions. These include the National Gallery of Victoria Contemporary, which is slated to become the most extensive gallery in Australia devoted to contemporary art and design; a new Australian Performing Arts Gallery; and an expanded Australian Music Vault.
It will be the first major refurbishment to the Theatres Building at Arts Centre Melbourne in 37 years, and it will establish a new creative hub with spaces and facilities for Victoria's small to medium and independent arts sector. The Theatres Building is located underneath the distinctive spire of our city.
18,000 square meters of brand-new and reimagined open public space will be added to the precinct in addition to the precinct's already existing facilities. This space will connect the renowned cultural institutions on St. Kilda Road to a world of new experiences that lie beyond them.
No matter if you have a ticket to a show or not, the Melbourne Arts Precinct will be a place where you can go at any time of the day or night to have a fantastic time, take in the ambience, and enjoy a cultural experience that is uniquely Melbourne.
Work has already begun on the initial stages of this city-shaping initiative, which will cost a total of $208 million. These stages include the purchase and allocation of crucial sites for future development. It is anticipated that all of the planning and design work will be finished by the year 2020.
Would you like to speak to a specialist? Book a complimentary discovery session by calling: (03)999 81940 or emailing team@klearpicture.com.au.
Developing a district that is renowned worldwide for its sporting and cultural events
Because of the $972 million change that is being made to this world-class athletic complex at Melbourne Park, the Australian Open will continue to be played there until the year 2036.
The restoration of Melbourne Park intends to establish Melbourne and Olympic Parks as an unequalled sports and events area in addition to catering to the rising demand for tickets to the Australian Open as part of its overall mission.
The reconstruction lays a heavy emphasis on the comfort of the customers by providing more open space and shade, higher sitting capacity, improved links to public transportation and the city, and more comfortable movement both into and through the precinct.
In addition to the Australian Open, Melbourne and Olympic Park are recognized as one of the largest sports and entertainment centres in the world. Together, they play host to around 600 events each year and draw in excess of two million visitors.
Development The management of the reconstruction is being handled by Victoria in collaboration with Sport and Recreation Victoria, Melbourne and Olympic Parks, and Tennis Australia.
Want to know more? Visit https://bigbuild.vic.gov.au/