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LendLease consortium to deliver $500m innovation hub in Melbourne


Posted by Monica Gameng

A consortium comprising of LendLease, GIC and Urbanest has been appointed by the University of Melbourne to deliver a $500 million innovation hub in Carlton.

The new innovation hub will be located on the site of the former Royal Women’s Hospital – on the corner of Swanston and Grattan Streets. The 62,000-SQM development will be featuring commercial space, retail areas, child care and student accommodation. The innovation hub is also going to be home to the Melbourne Science Gallery.

The University of Melbourne will be occupying approximately 75 per cent of the commercial space and about 10,500-SWM will be on the market for lease.

lendleas2.jpgSource: The Urban Developer

According to LendLease Managing Director Mark Menhinnit, this project will see the old Royal Women’s Hospital site revitalised into an open, light and contemporary precinct that will meet the highest standards of design and sustainability as well as honour the history and heritage of the site.

“This is a significant partnership for LendLease and the University of Melbourne on a project that will set a new benchmark in education and industry collaboration in a purpose-built precinct.

“It will also create a vibrant hub for the Carlton and broader Melbourne community with shops, cafes, public spaces and interconnected laneways providing pedestrians with direct access to Swanston, Grattan and Cardigan streets,” Mr Menhinnit said.

Construction on the new innovation hub is expected to commence in 2018.

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Source: LendLease and The Urban Developer

Monica Gameng

Monica Gameng

As PlantMiner's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1000 posts. She truly is an industry expert. Monica's passion for educating and inspiring readers saw the PlantMiner blog recognised by Feedspot as one of the Best Australian Construction Blogs in 2018 and 2019. PlantMiner is Australia's largest online construction marketplace. Sign up as a vendor to find and engage with civil and commercial contractors across Australia. Alternatively, if you're looking for plant and equipment you can compare equipment and subcontractor quotes from vendors near you in just a few steps.