Herzog & de Meuron and HASSELL‘s winning design for Melbourne’s Flinders Street Station might not be built due to the fact “the State Government has of yet, refused to promise funding for the design, and ruled out selling the station in order to finance the construction.” The project was estimated to cost “approximately $1 billion to $1.5 billion to be realised”, which is “on top of the $1.6 million already spent on the competition”, leading critics to describe the competition as a “waste of money.”
Once labeled ‘an empty useless city center,’ by architectural commentator Norman Day, the city of Melbourne’s transformation since the 1980s has been dramatic. Today, Melbourne is internationally recognized as one of the world’s most liveable cities, with a vibrant, urbane downtown. Currently on show until December 21st at City Gallery in Melbourne, this exhibition examines the impact and legacy of the Postcode 3000 planning policy. Curated by Rob Adams, the exhibition looks at the genesis and typologies of this change and its ongoing impact on the form and vitality of central Melbourne. It asks the question: do we fully comprehend the impact of this latest boom? For more information, please visit here.
EC Harris’ 2013 International Construction Costs Report has named Hong Kong as the most expensive city in the world to build in. The annual study, which benchmarks building costs in 47 countries across the globe, found that relative construction costs have been affected by substantial fluctuations in currency throughout the year. Despite a stagnant economy, Europe has six of the top ten most expensive markets in this year’s report, reflecting the competitive challenge faced by the Eurozone.
The top ten most expensive countries to build in are: