120-bed aged care facility to be part of $70M vertical redevelopment in Melbourne

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The facility will be part of a new Banco Group development that has just been approved for the former Forges site on Albert Street in Footscray, 5km from the CBD.

The development – which includes 202 apartments, a six-screen cinema complex, supermarket and retail – will be housed across two 12- and 15-storey buildings after Banco was forced to drop the original building heights of 13- and 19-storeys.