Deaf ears, just the ticket for parking protester August 31, 2008 The AGE
A registered vehicle owner has been hit with at least three parking fines for leaving a protest van outside the Chapel Street office of State Treasurer John Lenders and Prahran MP Tony Lupton for most of the week.
The protester is calling for the politicians to save Stonnington's "unique shopping precincts and liveable communities" by saying no to extended parking clear times.
However, the calls seem to have fallen on deaf ears, with Roads & Ports Minister Tim Pallas on Friday announcing the first of 160 changed parking conditions, the first of which affect Punt Road, South Yarra; Hoddle Street, Richmond; and Ormond Esplanade and St Kilda Street in Brighton.
Chapel Street is one of the suburban strips expected to be affected by the changes, part of the Government's $113 million congestion plan, Keeping Melbourne Moving.
There are fears the plan would congest South Yarra and Prahran side streets with more parked cars.
A lack of parking may also affect the precinct's attractiveness as an office or retail location to tenants, agents warn.
The first phase of changes affect morning parking times and will be rolled out until the end of the year.
Afternoon parking time restrictions will be rolled out from the start of next year, Mr Pallas said.
Canon will leave the 6031 square metre building it has occupied for 10 years and move to the Uni Park Business Park in Mulgrave in October.
Reece's 10-year lease begins in November, with a starting rent of about $1.5 million a year, or $250 per square metre. It includes 173 car spaces.
Gross Waddell associate director Raoul Salter said the building's exposure, at one of Melbourne's busiest intersections, contributed to Reece's decision to lease an existing, rather than new building.
A registered vehicle owner has been hit with at least three parking fines for leaving a protest van outside the Chapel Street office of State Treasurer John Lenders and Prahran MP Tony Lupton for most of the week.
The protester is calling for the politicians to save Stonnington's "unique shopping precincts and liveable communities" by saying no to extended parking clear times.
However, the calls seem to have fallen on deaf ears, with Roads & Ports Minister Tim Pallas on Friday announcing the first of 160 changed parking conditions, the first of which affect Punt Road, South Yarra; Hoddle Street, Richmond; and Ormond Esplanade and St Kilda Street in Brighton.
Chapel Street is one of the suburban strips expected to be affected by the changes, part of the Government's $113 million congestion plan, Keeping Melbourne Moving.
There are fears the plan would congest South Yarra and Prahran side streets with more parked cars.
A lack of parking may also affect the precinct's attractiveness as an office or retail location to tenants, agents warn.
The first phase of changes affect morning parking times and will be rolled out until the end of the year.
Afternoon parking time restrictions will be rolled out from the start of next year, Mr Pallas said.
Canon will leave the 6031 square metre building it has occupied for 10 years and move to the Uni Park Business Park in Mulgrave in October.
Reece's 10-year lease begins in November, with a starting rent of about $1.5 million a year, or $250 per square metre. It includes 173 car spaces.
Gross Waddell associate director Raoul Salter said the building's exposure, at one of Melbourne's busiest intersections, contributed to Reece's decision to lease an existing, rather than new building.
Mr Salter said the Reece deal "underlines the strength of the suburban leasing market when it comes to quality property in key locations".
Colliers International was conjunctional agent for the deal.
When given the green light from the State Government, a new tunnel and track will be built from the airport to an existing "commercial-use only" train line, which runs alongside the Western Ring Road between the Sydenham and Craigieburn train lines.
An elevated part of the track is visible on the Western Ring Road, between the Sunshine Road and Keilor Park Drive exits.
The new train line would marry into the Sydenham line at Albion, in Sunshine, and stop at Footscray.
Airport land being reserved south of the main terminal puts to rest the 2001 alternative rail link proposal that would have connected the airport to Broadmeadows with a new track to the north of the terminal.
The decision on when to build the rail link will depend on passenger arrival numbers to Melbourne Airport. Arrivals have swelled to 24.3 million a year but it has been reported closer to 40 million arrivals per annum are needed to make the investment feasible. Melbourne Airport forecasts suggest those numbers could be reached in about 10 years.
The vacant property on the Docklands border, which sold some months ago but wasn't settled, was onsold to a client affiliated with real estate agent Ian Robertson, of CRS Solutions, which focuses on commercial and retail redevelopments, sources say. Mr Robertson was not available when contacted by Capital Gain.