Thankyou for posting this.
When I saw the post title, I thought that they were going to get rid of that red brick eyesore that is there at the moment.
I had no idea the original building fronted Victoria Parade or that it covered such a large block
Here is the replacement:

Wasn't this one of the demolitions which Barry Humphries was so upset about ? I think he called the new hospital the ugliest building ever erected in Melbourne.
Here is a Google Map link to the site:
http://maps.google.com.au/maps?hl=en&q= ... 04828&z=18and a street view:
http://maps.google.com.au/maps?hl=en&q= ... 6807416034It is interesting to see such a crowd develop for the demolition of an old building in the 1970s. That was probably about the time when people actually started to care.
It is a shame that Victoria Parade was so ruined around that time with inappropriate office buildings.