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Final $800m Caulfield Racecourse development stage moves ahead


Final $800m Caulfield Racecourse development stage moves ahead
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The developers of surplus land at Melbourne’s Caulfield Racecourse expect to lodge plans by the middle of this year for the ambitious final $800 million stage of the decade-long project.
BPG Caulfield Village, a consortium led by Beck Property Group and Probuild, is moving ahead with the last piece of one of Melbourne’s largest infill projects that lies between Caulfield Railway Station and the city’s second most famous horse racing track.
BPG’s Matthew Reszka, Sam Beck and Barry Shepherd. ....

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'Time is running out': Calls to upgrade Caulfield Station before Metro Tunnel opens


‘Time is running out’: Calls to upgrade Caulfield Station before Metro Tunnel opens
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Caulfield Station could become a major bottleneck once the $13.7 billion Metro Tunnel is built in 2025, if multimillion-dollar upgrades to construct a new concourse do not go ahead.
The Victorian Transport Action Group is calling for up to $70 million worth of upgrades to the second-busiest station outside the city, arguing Caulfield Station could face overcrowding if the need for better interchange facilities is overlooked.
Caulfield train station.
Credit:Paul Jeffers ....

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Blackstone's Tynan sets the group on a growth path


Blackstone’s Tynan sets the group on a growth path
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Once a week Blackstone’s local head of real estate Chris Tynan wakes up in the middle of the night, drives to the office, and gets on a video conference call to talk deals.
It’s usually 2am in Sydney but Monday morning in the US when Tynan and his team meet on Level 39 at Circular Quay’s Gateway building overlooking Sydney Harbour. They’re there to pitch their plans to Blackstone’s top brass including billionaire chief executive Stephen A. Schwarzman and president and chief operating officer Jon Gray. ....

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