Property Council welcomes Melbourne Metro Rail

The Property Council has welcomed the Government’s decision to expand and upgrade the City Loop with two rail tunnels that will run under the Melbourne CBD.

Infrastructure investment that supports city growth has been a long-standing platform of the Property Council’s advocacy. In a letter to Government earlier this year, we called for work to commence on Metro Rail as a matter of priority.

The Property Council believes that development opportunities should also be maximised in the case of Metro Rail, which has the potential to open up strategically located sites for investment.

The East West Link saga highlights the importance of creating a non-political infrastructure authority to identify a framework for metropolitan infrastructure.

The Property Council has called on both sides of politics to work together to create a sustainable Infrastructure Victoria to serve the State’s long term interests.