Development Victoria

Australia's largest urban renewal project

Fishermans Bend

Fishermans Bend is Australia’s largest urban renewal project covering approximately 480 hectares in the heart of Melbourne. Fishermans Bend will consist of five precincts across two municipalities – the City of Melbourne and the City of Port Phillip – and will connect Melbourne's CBD to Port Phillip bay.

It is expected that by 2050, it will be home to approximately 80,000 residents and provide employment for up to 80,000 people.

Fishermans Bend will provide high quality open space, community services, schools medical facilities, as well as retail, cultural and entertainment options. It will also be Australia's new headquarters for design, engineering and technology

Fishermans Bend Framework

The Fishermans Bend Framework has been released, providing a plan for parks, schools, roads, transport and community facilities and services to ensure the livability of the precinct as it grows over the next 30 years. The Framework is supported by a suite of evidence-based research reports, strategies and plans.

The Fishermans Bend Framework will guide investment and development by the State Government, local government, the private sector and not-for-profits.

GMH site

In 2016, the Victorian Government purchased the GMH site at Fishermans Bend to develop it into Australia’s leading precinct for advanced manufacturing, design, engineering and technology excellence.  Development Victoria is coordinating this redevelopment on behalf of Government, and is working to facilitate future development opportunities.

The redevelopment of the GMH site is the catalyst for the Fishermans Bend Employment Precinct. It will be a place where Victorian students and researchers work alongside new and emerging high growth industries in the fields of aerospace, defence, marine design and automotive design. 

Late in 2017, Australia's highest-ranked university, the University of Melbourne, announced it will build a new campus in Fishermans Bend as part of an almost $1 billion commitment to create a world-class engineering school. Set to open in 2022, the new campus will cover up to seven hectares of the former GMH site. The new campus will see over 1000 new engineering and IT students and academics collaborating with industry leaders in cutting edge fields.

The redevelopment of the strategically located GMH site will drive private sector investment into the Fishermans Bend Employment Precinct and see key industry players, education and research organisations work together to grow Victoria's design, engineering and technology capacity and create thousands of high value jobs.

For more information about Fishermans Bend, click here: https://www.fishermansbend.vic.gov.au/

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