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Priority Precincts Places of Growth and Opportunity Authorised and Published by the Victorian Government Priority Precincts Places of growth and opportunity Authorised and published by the Victorian Government. Department of Jobs, Precincts and Regions 1 Spring Street, Melbourne, VIC 3000 Telephone (03) 9651 9999 October 2019 ISSN 2652-2284 (print) ISSN 2652-2292 (online) Print managed by Finsbury Green Printed on Monza (FSC) 99% recycled paper. Unless indicated otherwise, this work is made available under the terms of the Creative Commons Attribution 3.0 Australia Licence. To view a copy of this licence, visit creativecommons.org/licenses/by/3.0/au It is a condition of this Creative Commons Attribution 3.0 Licence that you must give credit to the original author who is the State of Victoria. Accessibility If you would like to receive this publication in an accessible format, telephone 03 9651 9999. This document is also available in accessible Word and PDF format at djpr.vic.gov.au Aboriginal acknowledgement We acknowledge the traditional Aboriginal owners of country throughout Victoria, their ongoing connection to this land and we pay our respects to their culture and their Elders past, present and future. Priority Precincts 3 Contents Foreword 6 Victoria’s Priority Precincts 8 Fishermans Bend 10 Parkville 12 Arden 14 Richmond to Docklands 16 Sunshine 18 Footscray 20 Foreword Melbourne is known for its liveability. But this city is also a place where people want to invest, work and visit. As Melbourne grows to be a city of 9 million by 2056, a record infrastructure investment is providing the foundation from which to plan and develop our urban places and respond to this record growth. The Andrews Government has established a Priority Precincts portfolio to ensure Melbourne has a focused approach to developing its areas of opportunity. These Priority Precincts bring together ideas, industry and investors. They are places of importance to Melbourne’s story and future and are significant to the social, economic and environmental wellbeing of all Victorians. Priority precincts will support Melbourne’s population and economic growth while helping to address its urban challenges. By working closely with local communities, investors, business partners and local government, we will ensure Melbourne’s distinctive legacy continues. These are places that unite us. They bring us together as a state and connect us with partners across the world. We look forward to partnering with you to develop Melbourne’s Priority Precincts. Hon Gavin Jennings Minister for Priority Precincts 6 Priority Precincts To To Sydney Bendigo Melbourne BROADMEADOWS 30km Airport 20km LA TROBE Essendon Airport To 10km Ballarat ARDEN SUNSHINE EASTERN FWY M3 PARKVILLE CBD FOOTSCRAY M2 CITYLINK WEST GATE FWY M1 BOX HILL RICHMOND - FISHERMANS DOCKLANDS BEND WERRIBEE PORT PHILLIP MONASH FWY M1 BAY To Geelong MONASH CLAYTON Legend To Gippsland Freeway Railway Priority Precinct Highway Melbourne Airport Rail NEIC Arterial Metro Tunnel Moorabbin Airport N Outline indicative only DANDENONG Victoria’s Priority Precincts Victoria’s Priority Precincts are great places to live, work and do business. The six Priority Precincts are areas of opportunity to boost innovation, productivity and build on our global record of commercial success. The precincts draw on Melbourne’s steady growth, skilled workforce and renowned urban environment. They have strong scope for development of their commercial activity centres and are benefiting from Victoria’s $10.7 billion annual investment in capital projects. This landmark agenda is connecting city assets like a 24-hour international airport and Australia’s largest container port to drive productivity and economic activity. As a network of places, the precincts are linked by industry specialisations. From biotech to Fishermans Bend Parkville National engineering and advanced Australia’s world renowned research centre professional and other services, advanced manufacturing, culture and sports, each makes a manufacturing hub unique contribution to Melbourne’s economic eco-system and noted resilience. The precincts draw on Melbourne’s Arden Richmond to Docklands steady growth, skilled workforce Large-scale technology World’s largest sports precinct and cultural and renowned city environment. and life sciences hub capital of Asia Sunshine Footscray Capital of Melbourne’s booming west Cultural heart of Melbourne’s west The Victorian Government is planning for the growth and sustainable development of Victoria’s Priority Precincts. A multidiscipline team coordinates place-based policy, planning, design, investment and delivery across government. Sound governance and key stakeholder partnerships define the work, which is focused on the six Priority Precincts, as well as Melbourne’s employment and innovation clusters in Monash, Dandenong, La Trobe and Werribee. The Priority Precincts team works to deliver the right settings to achieve collaborative outcomes that allow communities, businesses and industry to thrive. Specific goals include: Building on Continuing Victoria’s Upholding Melbourne’s Melbourne’s world performance as status as Australia’s renowned liveability Australia’s strongest most innovative city. economy A large contingent of global companies already choose Melbourne as their headquarters for Asia-Pacific operations. The city is also home to nearly one-third of Australia’s biggest publicly listed companies and has the country’s most highly skilled workforce. A commitment to precinct educational facilities and university partnerships is securing the strong pipeline of future talent these companies increasingly look to draw on. Work is underway to maximise urban renewal opportunities in former industrial areas near the central business district. This land availability makes Melbourne one of the world’s most advantaged for growth capacity. Precinct development will help Melbourne respond to global issues like urbanisation and climate change as the city continues to develop its centres of innovation, employment hubs and liveable, sustainable neighbourhoods. Melbourne is one of the world’s great capital cities and will increasingly rely on these Priority Precincts for its lifestyle, innovation and edge. We invite you to learn more about Victoria’s Priority Precincts and discover why they represent such an attractive and competitive investment opportunity. Fishermans Bend National engineering and advanced manufacturing hub Fishermans Bend is Australia’s largest and most Enablers ambitious urban renewal project. It is set to • Central 32-hectare state owned former industrial site stimulate economic activity and create a thriving new urban centre. • Minutes from the CBD and adjoining the Port of Melbourne • University of Melbourne Engineering School campus At 485 hectares it is twice the size of Melbourne’s CBD and right next door, representing a major expansion to • Legacy of manufacturing and engineering innovation Melbourne’s central city. The site includes a 32-hectare state-owned landholding that will build on its legacy to • Government, industry and community partnerships make the precinct a global engineering and advanced manufacturing centre of excellence. The University of Assets Melbourne Engineering School in Fishermans Bend will supply local workforce talent and foster innovation. • Asia Pacific headquarters of global aerospace company Boeing Aerostructures • Leading Australian defence engineering centre and home Vision for Fishermans Bend of Defence Science and Technology Group Fishermans Bend will draw on its rich legacy to become a • University of Melbourne Engineering School campus centre for research and innovation in engineering, advanced opening 2024 manufacturing, aerospace and defence. The precinct will be a thriving place and leading example of connected, liveable, • Australian advanced manufacturing growth centre with sustainable development and a global benchmark for leading food and materials processing like Nestlé, Bega, resilient urban transformation. As Australia’s largest Green Supacat and Advanced Composite Structures Australia Star Community, Fishermans Bend will provide well serviced and high amenity housing for 80,000 people. It will also play a vital role in accommodating 80,000 knowledge economy Development stage jobs that build on a legacy of world-leading technology and innovation. INVESTMENT READY Metro Tunnel – opens 2025 Key metrics Airport Rail preferred route POPULATION *DEGREE + QUALIFIED Growing to 68% FISHERMANS BEND CBD 80,000 DOCKLANDS UNIVERSITY OF CITYLINK M1 MELBOURNE TOP EMPLOYER PRECINCT AREA ENGINEERING SCHOOL SITE MIXED USE AND RESIDENTIAL 485ha 32HECTARE CLARENDON ST SITE Professional, scientific and technical services SECONDARY SCHOOL DISTANCE TO CBD TIME TO AIRPORT BAY ST PORT OF MELBOURNE 4km 20 MINS (Car) N Outline indicative only Government projects The Victorian Government is already investing in open space and community TARGET INDUSTRIES infrastructure to create a vibrant precinct. Advanced manufacturing, Engineering and design, Creative industries, Professional STARTED NEXT FUTURE • Digital Twin virtual • Community hospital • Public transport real-world model infrastructure • University of Melbourne * Port Melbourne data source: MyVictoria - Australian Bureau • Fishermans Bend engineering school of Statistics, 2016. CC BY 4.0 Secondary School • 32 ha engineering and design centre Priority Precincts 11 Parkville Australia’s world renowned research centre Parkville is recognised globally as a leading Enablers biomedical and research precinct and is walking • Critical mass of leading
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