Confident developers kick off $700m of new Melbourne projects

Construction of $700 million worth of new office, hotel and apartments projects has kicked off in Melbourne's key urban precincts of Docklands and Fishermans Bend in a sign of developer confidence amid the current economic uncertainty.
Leading the charge, Chinese developer Poly has turned the soil on its $500 million speculatively built office tower at 1000 La Trobe Street opposite Marvel Stadium.
The 23-level Woods Bagot-designed tower has 40,000 square metres of lettable area.

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