Urban Renewal, Sustainability, Value creation and capture, Social and Economic Infrastructure, Economic Development
Victorian Health Building Authority
Victorian Planning Authority
Rail Projects Victoria
Department of Jobs, Skills, Industry and Regions
City of Melbourne
Melbourne Biomedical Precinct
Development Victoria has been engaged by the Department of Transport and Planning to deliver the renewal of the Arden precinct, overseeing its transformation into a globally recognised destination for innovation and industry collaboration.
The location and connectivity of the site presents Arden with a unique opportunity to leverage and complement the success of the Melbourne Biomedical Precinct - one of the world’s leading research hubs for health, technology, life sciences and education.
The first stage of precinct development will focus on the 14 hectares of state-owned land surrounding the new Arden Station, which is currently under construction as part of the Metro Tunnel Project, due for completion in 2025.
In October 2022, the Victorian Government announced a $2 – $2.5 billion dollar investment to support the establishment of the Arden Hospital, which will be utilised by both the Royal Melbourne Hospital and Royal Women’s Hospital. Construction is due to commence in 2025.
The future for Arden was established in the Arden Vision (2018), where in eight key directions for the precinct were identified:
- Transforming Arden into a landmark destination
- Designing a distinctive place
- Embedding sustainable change
- Accommodating diverse communities
- Prioritising active transport
- Investing in community infrastructure
- Celebrating water
- Creating diverse open spaces
44.6ha project area
34,000 new jobs
Metro Business Case
Value Creation and Capture Framework endorsed
Draft Planning Scheme Amendment
Development Strategy and Planning Scheme Amendment gazettal
Precinct Business Case and Market Sounding
Investment Attraction Activities
Arden Station opens
Arden Hospital construction expected to commence
Updated on 12 January 2023