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The Guardian - AU
The Guardian - AU
National
Benita Kolovos Victorian state correspondent

Full circle: Melbourne’s beleaguered Star ferris wheel to turn again

Jay Jones Melbourne Jane Jones Docklands Nicholas Reece United States
The Melbourne Star Observation Wheel seen at night
The Melbourne Star Observation Wheel is expected to reopen next year in an $11m takeover deal. Photograph: Nick Harrison/PR IMAGE

After lying dormant for almost four years, the beleaguered Melbourne Star Observation Wheel is expected to turn once more, although one of its new owners admits he’s nervous given “it’s failed so many times before”.

On Monday, it was announced that MB Star Properties Pty Ltd, the owner of the 120-metre structure that went into liquidation in 2021, will be restructured under an $11m takeover.

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