At Development Victoria, we create places for people.
We’re a government agency partnering with industry and communities to transform ambitious ideas into reality.
We balance community needs with commercial discipline – and our experience shows that sustainable, liveable places deliver the best long-term return for all.
We reimagine iconic places like the Melbourne Arts Precinct and State Basketball Centre to transform them for future generations.
We develop entire precincts like Docklands and Fitzroy Gasworks, unlocking public land to create connected, sustainable places where people can live, work play and thrive.
We create vibrant communities that enrich the local area with diverse and affordable homes, outdoor spaces and community facilities tailored to meet local needs.
Together, we deliver places that make a genuine difference to the people of Victoria.
Download our corporate brochure to learn more.
At a glance
We have a long and proud history of delivering places that make a genuine difference to the people of Victoria. We were established on 1 April 2017 when Places Victoria merged with Major Projects Victoria and became Development Victoria.
As Development Victoria, we are continuing to deliver residential communities and state-shaping projects right across Victoria. In the 2023-2024 financial year alone we:
- completed the redevelopment of the State Basketball Centre, new soccer facilities at Templestowe Road, Old Kyneton Primary School Redevelopment and achieved practical completion of the Geelong Arts Centre.
- Kicked off kicked off a range of sports infrastructure projects across the state, as part of the Victorian Government’s Regional Sports Infrastructure Program, creating a legacy for local communities across our regions.
- Sold 34% of homes to those on incomes eligible for affordable housing, and 28% to first home buyers - giving more Victorians the opportunity to own their home.
Providing places for people to call home
We help to make home ownership possible for more Victorians by increasing housing supply and affordability in places where people actually want to live.
We create vibrant communities like Aurora and Riverwalk that enrich the local area with diverse and affordable homes, outdoor spaces and community facilities tailored to meet local needs.
We collaborate with the public, local community groups and Traditional Owners to help shape our work – so we can deliver fit-for-purpose homes and genuinely liveable communities.
Revitalising major activity centres and urban precincts
We revitalise major activity centres and urban precincts to stimulate economic activity, create new jobs and breathe new life into an area.
Through projects such as Revitalising Central Dandenong, we boost an area’s commercial, residential, retail, medical and education services, as well as public open spaces.
We have a strong track record of delivering urban renewal projects, which often involve rezoning land to improve an area’s amenity for jobs, investment, and housing, as well as transport and infrastructure needs.
We’re currently leading large multi-stage urban renewal projects across Victoria, such as Docklands, Fishermans Bend Innovation Precinct and Junction Place in Wodonga.
Preserving Victoria’s iconic places
We reimagine some of Victoria's most iconic buildings such as Flinders Street Station and the State Library, to ensure they are preserved for future generations.
We are currently delivering the transformation of the Melbourne Arts Precinct and Fitzroy Gasworks Sports Centre on behalf of the Victorian Government, helping to attract visitors, create jobs and establish new creative and sporting spaces in the heart of the city.
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Updated on 01 April 2025