The developer behind a Southbank skyscraper scheme says it’s staying flexible in the face of the builder and project manager collapses plaguing the sector in Victoria.
Developer PDG announced mid last year it had paid $85 million for the Queens Bridge Hotel site at 1-29 Queens Bridge Street in the Melbourne highrise hotspot from global alternative asset manager Blackstone.
Blackstone had acquired that site as part of its $8.9-billion Crown Casino assets deal in 2022.
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