La Trobe partners with developer Plenary on $5 billion University City of the Future

 With ambitious aspirations to transform Melbourne’s north, La Trobe University has agreed to partner with developer Plenary to build its $5 billion University City of the Future Plan project.

Refreshing original plans to revive the university's 235-hectare Bundoora campus, the project is expected to create more than 20,000 new jobs and include education facilities for 40,000-plus students, as well as generating 3,000 jobs per annum in construction.

Planners forecast the development will bring in $3.5 billion to the local economy over 10 years. 

The master development partner agreement rekindles the university's relationship with Plenary, which delivered La Trobe’s $288 million AgriBio, Centre for AgriBioscience development in 2013.

Read More: https://www.businessnewsaustralia.com/articles/la-trobe-partners-with-developer-plenary-on-5-billion-university-city-of-the-future.html



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