Ron Walker Seeks To Lead Redevelopment Of Federation Square

14/08/2013 6:01 pm

Evolve Development, founded by former Fairfax chairman Ron Walker and Ashley Williams, are pursing their first major mixed-use project. The company is bidding for the $680 million contract to expand Melbourne's Federation Square.

According to The Australian, federation Square East is one of the biggest government-backed projects in Melbourne's recent history.

Evolve is one of Melbourne's most successful apartment and land estate developers, with a $1 billion development pipeline, including its most recently completed apartment project, the $190m Guilfoyle, in South Melbourne.

Evolve has formed a consortium with Brookfield Multiplex and is supported by its main lender ANZ Bank in its bid for the Federation Square East project.

The project will see the rail yards extending to the east of Federation Square built over, with a park and retail pavilions and a sweeping canopy.

A great hall, a minor hall, a pedestrian bridge over the Yarra River and an underground carpark will also be added to the project dubbed Federation Square East.