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Builders bracing as lockdown places Melbourne on hold

Big builders in Victoria are set for a coronavirus crunch, as stage four restrictions slow construction of major projects and grind property market activity in Melbourne to a halt.

Multiplex Premier Tower
Premier Tower, being built by Multiplex, is one of Melbourne's biggest construction jobs. Photo: Multiplex

Big builders in Victoria are set for a coronavirus crunch, as stage four restrictions slow construction of major projects and grind property market activity in Melbourne to a halt. 

Victoria's latest lockdown mandates major construction sites to operate at 25 per cent capacity for a six-week period ending mid-September, part of a suite of measures aimed at slowing the community spread of COVID-19.

Some of the city’s biggest ever builds have bee…