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Staff on top of the MQ building listening to presenter with ceremonial tree

In early September, Development Victoria joined Lendlease to celebrate the topping out ceremony for the 34-level Melbourne Quarter Tower, which is the final and largest carbon-neutral building in the Melbourne Quarter Precinct.

After pouring enough concrete to fill 20 Olympic-sized swimming pools; and 2.7 million lineal metres of steel that could span from Melbourne to Perth; the Melbourne Quarter Tower is set to become Medibank’s new national headquarters once complete.

It will also complete the precinct’s public square and final phase of the elevated Sky Park, the first of its kind in Melbourne.

The Melbourne Quarter Tower has seen 3,087 inductions to site, equating to over 1,360,000 working hours. With over 400 personnel currently working on the site, the project will continue to support hundreds of construction jobs through to completion.

Development Victoria has been proud to work with Lendlease, to help deliver the Melbourne Quarter Precinct - situated between Flinders Street and Collins Street - since 2016.

As the landowners and development partner, our team oversees and administers the development agreement and a plethora of side agreements to create this opportunity for urban renewal and infill.

The project is unique as it involved building towers on complex deck structures over Wurundjeri Way – that has seen over 11.5 million vehicle movements since construction commenced - not to mention managing works next to a live rail network.

This development is a true testament to how private/public partnerships can implement and resolve important city shaping outcomes such as new and interesting public open spaces and unlocking critical pedestrian connections. 

Previously, pedestrians had to cross Flinders Street to walk to Collins Street, but these new links will allow them to walk from Collins Street to Flinders Street, along a new footpath on the northern side of Flinders Street within the rail under croft.

The Melbourne Quarter precinct is already home to commercial tenants including housing Lendlease’s Victorian headquarters, global design and engineering firm Arup and wealth manager, AMP.

The residential building, 44-storey East Tower, comprises of 719 one, two and three bedroom apartment, and was completed in 2020.

Development Victoria to see how Melbourne Quarter is unlocking the area’s potential to become a connected place for office workers, residents, and visitors to enjoy.

Development Victoria staff pose in front of ceremonial tree

Updated on 09 October 2023