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

Docklands attraction to re-open in 2026, but new owner admits nervousness given ‘it’s failed so many times before’

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After laying 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.