Fishermans Bend Urban Renewal Area
Location
Cost
Milestones
Why are we doing this?
Fishermans Bend is Australia’s largest urban renewal project, covering approximately 480 hectares in the heart of Melbourne and connecting the CBD to the bay.
By 2050, it's anticipated that Fishermans Bend will be home to approximately 80,000 residents and provide employment for up to 80,000 people.
Fishermans Bend consists of five precincts across two municipalities. The Montague, Wirraway and Sandridge Precincts are located within the City of Port Phillip. The Lorimer and National Employment and Innovation Cluster (NEIC) precincts are located within the city of Melbourne.
The transformation of Fishermans Bend will require ongoing financial investment. Council continues to work closely with the Victorian Government on the area's strategy and infrastructure planning, including the finalisation of the DCP. Council will also have a key role in local service provision and infrastructure delivery.
Council is working with the Victorian Government, the City of Melbourne, relevant authorities, developers, community and stakeholders to deliver on the vision for Fishermans Bend.
Further information about the area can be found on the Victorian Government’s website.
The impact
Fishermans Bend represents an expansion of Melbourne’s central city. It will play a critical role in providing housing, employment, infrastructure and services and is strategically significant for both Metropolitan Melbourne and the City of Port Phillip.
Objectives
The Victorian Government’s Fishermans Bend Framework is the long-term strategic plan for land use and development in Fishermans Bend towards 2050. The vision is for Fishermans Bend to be “a thriving place that is a leading example for environmental sustainability, liveability, connectivity, diversity and innovation.”
The Framework outlines a new network of parks, schools, roads, transport and community facilities and services to ensure liveability as the precinct grows over the next 30 years. It also sets benchmarks relating to economic prosperity, sustainability, design, smart urban management, community service provision, as well as active and public transport.
The Framework identifies 8 sustainability goals to guide redevelopment of the renewal area and realise Fishermans Bend as an acclaimed Green Star Community.
Fishermans Bend consists of five distinct precincts, with a mixture of housing and employment opportunities.
- Montague Precinct: a diverse and well-connected mixed-used precinct celebrating its significant cultural and built heritage, and network of gritty streets and laneways
- Wirraway Precinct: a family friendly inner-city neighbourhood close to the bay and Westgate Park.
- Sandridge Precinct: one of Melbourne’s premium office and commercial centres, balanced with diverse housing and retail.
- Lorimer Precinct: a vibrant, mixed-use precinct close to the Yarra River and connected to Melbourne’s CBD, Docklands and emerging renewal areas.
- Fishermans Bend National Employment and Innovation Cluster (NEIC): Australia’s leading advanced manufacturing, engineering and design precinct centred around the Fishermans Bend Innovation Precinct at the former General Motors Holden site.
The Framework provides planning certainty for the area’s future, and guides investment and development by the Victorian Government, Council and the private sector.
Each precinct will be subject to the development of a Precinct Implementation Plan (PIP) which will set out further details around how each precinct will develop.