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New home for IOU

04 May 2017

One of Docklands’ most notable artworks, the IOU sculpture, is moving to Water Plaza on Victoria Harbour Promenade.

The stainless steel and toughened glass IOU sculpture was created by artist Mikala Dwyer and has been a popular piece of public art in Docklands for more than 10 years.

The sculpture has been located in the community open space on the corner of Harbour Esplanade and Collins St since 2005, however, due to the upgrade of the open space, Development Victoria has sought a new home for the public art.

Development Victoria’s general manager precincts, Simon Wilson, said that while the move was through necessity, the new location would allow for better visibility of the well-regarded artwork.

“The IOU sculpture will provide a new focal point for residents, businesses and visitors to Victoria Harbour Promenade,” he said.

The new location has been selected in partnership with the artist and City of Melbourne. 

The artists’ agent, Anna Schwartz Gallery said that, in its new location: “Mikala Dwyer’s simple abbreviation will continue to create open-ended conversations with visitors while the reflective finish will mirror glimpses of the surrounding environment.”

The IOU sculpture is expected to be moved to Victoria Harbour Promenade in the coming months.

For questions or further information, please contact Development Victoria on (JavaScript must be enabled to view this email address)

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