ISSUE 55 — DEC 2020
The proposed
Melbourne Market Expansion Recently the Melbourne Market Authority announced the proposed release of a further expansion to the market. They have requested expressions of interest from tenants regarding the future plans of the undeveloped market land. The MMA has proposed the development of these six separate facilities to be located on the northern and eastern side of the Market boundaries. 44,000 m2 of on-site warehousing has been included in the predetermined plan, as well as office/ commercial spaces and showroom opportunities, with works estimated to be completed and ready for leasing by March 2022. MMA’s development plans have been distributed and include intentions of building five new warehouses’ and one Commercial Building. All developments consist of single-story and
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double story plans to accommodate office spaces, showrooms, and loading docks. New parking bays will also be a part of the expansion proposal. The MMA has named this as ’a unique opportunity to secure a lease for the new state of the art, and world-class facilities at the Melbourne Market’. In these early stages of planning, the MMA called for expression of interest for new leases of the warehousing and commercial offices from existing tenants, Market users, and allied businesses which closed recently. If the development goes ahead it will be a welcome addition to the Epping facility.
