The Living Company Announces ~A$1BN Investment in Melbourne CBD
Summary
The Living Company has formed the State Library Exchange Partnership to acquire, on a forward-funded basis, the over-station development above Melbourne's newly opened State Library Station. The partnership represents an investment of approximately A$1 billion in the Melbourne CBD.
The deal shifts a major CBD development from planning toward institutional funding and execution. It
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Why it matters
It links a large private investment to Melbourne's transport-led CBD redevelopment and signals continued appetite for major urban projects.