Victoria’s property industry is pushing for a revival of the landmark Postcode 3000 campaign of the 1990s, credited with transforming Melbourne’s CBD from a “ghost town” into night-time destination, to get the city bustling again.
“We have never seen visitation to the CBD fall off a cliff like we have in the pandemic. There are structural shifts going on but we can’t afford as an economy to lose the value of the CBD,” Ms Hunter said. The post-pandemic iteration would include Homes Victoria buying existing city apartments to meet a shortfall in social housing.
City of Melbourne city architect Rob Adams, who was behind Postcode 3000 in the 1990s, said the initiative converted under-utilised commercial offices into residential spaces.
Source: Real Estate Daily Report (realestatedailyreport.net)
jtbgraham When will the staffing levels in government use office buildings pass 50%?
jtbgraham Bloodsuckers who don’t give a damn about public health, just their bottom line.
jtbgraham Need to open the Boardwalk then please.
jtbgraham It’s already death to the events and conference industry
jtbgraham Heres an idea. Might be time to start planning for this to be the norm! People don't want to return to the city and this is what should of happened for years (maybe Decades!) Having everyone have to come to one place (i.e. CBD) was always an unnecessary idea and more so now!
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