Community and industry consultation will start on the project’s masterplan next year, with construction on the first stage of the development expected to kick off in 2023 – delivering a supermarket, food market hall and residential development alongside Little India.
Capital Alliance has a strong track record of delivering successful developments across Melbourne, currently delivering a $250 million mixed-use flagship Marriott Hotel in Docklands – the first purpose-built Marriott in Australia in 25 years.
The Victorian Government first announced the Revitalising Central Dandenong project in 2006, with a $290 million investment to restore the economic prominence of the region.
The project has already attracted almost $700 million in private investment and created local jobs in central Dandenong at the Australian Taxation Office, State Government Services Hub, Quest Apartments and a new Council Civic Centre.
The Victorian Government is delivering the project through Development Victoria with support from Greater Dandenong Council.