Norton Rose, ABL, advise on Melbourne racing deal
Norton Rose Australia and Arnold Bloch Leibler have advised on Melbourne Racing Club’s development of land surrounding the Caulfield racecourse into a new urban development project.
Known as Caulfield Heath, the projects is one of the largest recent real estate developments in Victoria.
The development will create a new urban village, seven kilometres from the Melbourne CBD adjacent to a major university and will create a thriving, integrated, mixed use community with access to major transport routes, shopping and recreation designed to integrate with the character and facilities of the surrounding areas.
The creation of a new major urban village so close to the CBD is a ‘once in a generation’ landmark development.
Arnold Bloch Leibler advised the winning consortium, which included Beck Property Group and Probuild Constructions.