Developer appointed to deliver 70% of homes at Fitzroy Gasworks

Inner North Collective Joint Venture (INC JV) has been selected to deliver 70% of homes across the Fitzroy Gasworks precinct.

INC JV brings together leading development and construction firms with extensive experience in delivering diverse housing projects in Melbourne's inner north and similar inner-city locations. It comprises of Assemble, Milieu and Hickory, with capital partners AustralianSuper and HESTA. Hickory has been selected as the preferred builder for the project.

Acting Chief Development Officer, Niall Cunningham, said the delivery of homes across Parcels B & C is a big part of the iconic precinct’s transformation.

Niall Cunningham
Acting Chief Development Officer

“We are excited to be partnering with Inner North Collective to deliver a significant amount of the housing in the precinct that will help cater to the growing inner-north community.”

Parcels B & C will feature a mix of approximately 820 high-quality homes with a minimum 5 star Green-Star rating.

The homes will provide housing choice and accommodate the diverse housing needs of the inner-north community, including homes to purchase and build-to-rent homes alongside social, affordable and specialist disability housing.

Assemble will deliver around 400 build-to-rent homes in Parcel B, of which approximately 80 will be operated by a community housing provider. Milieu will deliver around 420 homes on Parcel C, including delivering an allocation of homes under license in partnership with Nightingale, and specialist disability accommodation.

Both builds will feature an extensive network of communal facilities including a cafe, meeting and event spaces, rooftop gardens, BBQs and laundry facilities, all designed to foster a vibrant and connected community.

Active transport will be encouraged, with every apartment including bike parks, as well as carshare options, promoting sustainable and convenient living. The final design is subject to planning approvals with a target to commence works in 2026.

Development Victoria also recently completed the Bundha Sports Centre in the Fitzroy Gasworks Precinct. The centre includes four courts for basketball, netball and volleyball and a dedicated futsal court, a gymnasium, cafe and lounge area, community facilities and change rooms. A long-term operator will be appointed in 2025.

Development Victoria, the Victorian Government’s property developer, is delivering the Fitzroy Gasworks Precinct in partnership with the public and private sector.

Learn more about the Fitzroy Gasworks precinct at the Fitzroy Gasworks webpage.