Priority Precincts Places of growth and opportunity Authorised and published by the Victorian Government. Department of Jobs, Precincts and Regions 1 Spring Street, , VIC 3000 Telephone (03) 9651 9999 October 2019 ISSN 2652-2284 (print) ISSN 2652-2292 (online)

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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 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 • 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 institutions and organisations distance from Melbourne’s CBD. • Central location with access to highly qualified workers The convergence of biomedical research institutions and global biomedical industry leaders makes Parkville • Record of innovation and ground-breaking discoveries Australia’s premier applied research precinct. Home to 40 • Hospital, universities, research and industry collaboration world-class hospitals, medical research institutes, biomedical organisations and universities, Parkville’s collaborations extend around the globe. With 49,000 employees, Parkville’s Assets innovation capability and knowledge expertise extends well beyond the medical sector. • World-class University of Melbourne and RMIT University campuses • Leading Australian hospitals, including Royal Melbourne, Vision for Parkville Royal Women’s and Royal Children’s, Victorian Comprehensive Cancer Centre By 2030, Parkville will be one of the best biomedical and research precincts globally, incubating extensive medical • Globally renowned research organisations like Florey and health care expertise and powering economic growth Institute, CSIRO and Walter and Eliza Hall Institute and jobs for Victoria. Global institutions will choose to locate • International head office of global biotechnology within the precinct because of its innovation eco-system manufacturer CSL and talent pipeline. Shared expertise across key precinct health services will turn data into new knowledge, ensuring • World top-5 facility Monash Faculty of Pharmacy the very best patient care and driving precinct research and Pharmaceutical Sciences and collaboration. Technology and life science skills in neighbouring Arden will complement Parkville’s offerings and provide industry with room to grow. Development stage

INVESTMENT READY Melbourne Key metrics Airport CSL HEADQUARTERS MONASH FACULTY OF PHARMACY AND PHARMACEUTICAL POPULATION *DEGREE + QUALIFIED ROYAL PARK SCIENCES STATION

CSIRO 83% ROYAL PARK 8,434 PARKVILLE FLEMINGTON BRIDGE STATION TOP EMPLOYER PRECINCT AREA ROYAL CHILDREN’S CITYLINK M2 HOSPITAL

UNIVERSITY OF MELBOURNE NORTH 562ha MELBOURNE WALTER AND ELIZA HALL Education INSTITUTE and training THE FLOREY INSTITUTE ROYAL WOMEN’S HOSPITAL ROYAL MELBOURNE HOSPITAL

Metro Tunnel – opens 2025 PARKVILLE DISTANCE TO CBD TIME TO AIRPORT VICTORIAN STATION COMPREHENSIVE ARDEN CANCER CENTRE STATION RMIT 1.5km 22 UNIVERSITY MINS (Car) N Outline indicative only

Government projects Focused government investment in Parkville will unite the drivers of innovation and commercialisation in the precinct. TARGET INDUSTRIES Biomedical, education, research, health STARTED NEXT FUTURE

• Delivery of successful • CSL global HQ relocation • Maximise commercial

innovation models for space so industry has * Parkville data source: MyVictoria - Australian Bureau of adoption • Metro Tunnel Parkville room to grow station Statistics, 2016. CC BY 4.0 • Attract anchor tenants, • Enhance precinct sense talent and international of place partnerships • Cutting-edge Electronic Medical Records rollout Priority Precincts 13 Arden Large-scale technology and life sciences hub

Arden is a major urban renewal opportunity close Enablers to Melbourne CBD that will host 34,000 jobs. • Excellent connectivity with a new Metro Tunnel station in 2025 The large government landholding within this 50-hectare • 13-hectare government landholding in central Arden precinct is unique. It gives the precinct potential to develop into a technology innovation hub and life sciences centre • 34,000 new jobs with a technology and life sciences focus to complement Australia’s pre-eminent biomedical cluster • Closeness and access to CBD, key city assets and Parkville in Parkville. Arden is well serviced by public transport that will soon include rail connections to the CBD, Melbourne’s • Quality infrastructure, with affordable office space and western suburbs and Parkville Priority Precinct. Arden is homes pivotal to the growth of Victoria’s knowledge and innovation capability and the state’s continued performance as Australia’s top performing economy. As its industrial legacy Assets evolves, Arden will advance Melbourne’s strengths as a progressive, innovative and well-integrated city. • Metro Tunnel North Melbourne station opening 2025 • Large brownfield government landholding • North Melbourne Recreation Reserve and swimming pool, Vision for Arden including Arden Street Oval. Arden will be a new destination for Melbourne and set a global standard for urban renewal. Inspired precinct Development stage planning is key to this outcome and to a future Melbourne that is one of the world’s most liveable cities and one of its most forward-looking. At the heart of Arden will be an innovation district and key contributor to Victoria’s knowledge economy. Arden will be strategically curated to develop its life sciences, digital and education sectors EARLY and be home to key workers and industry. Land availability ACTIVATION and competitive construction costs will deliver affordable housing and a thriving network of open spaces with active transport links and mixed use facilities and workspaces. Key metrics

CITYLINK M2

NORTH MELBOURNE POPULATION *DEGREE + QUALIFIED

Growing to 80% ARDEN STREET OVAL 15,000

NORTH MELBOURNE SWIMMING POOL NORTH MELBOURNE TOP EMPLOYER PRECINCT AREA RECREATION RESERVE

Metro Tunnel - opens 2025

NEW NORTH MELBOURNE STATION 50ha Professional, scientific ARDEN and technical services

DISTANCE TO CBD TIME TO AIRPORT

FUTURE WEST MELBOURNE STATION WEST 2.5km 20 MELBOURNE MINS (Car) N Outline indicative only

Government projects

STARTED NEXT FUTURE TARGET INDUSTRIES Life sciences, Technology, • Arden Structure Plan • Arden Planning Scheme • Development Education and associated sectors amendment • Priority business engagement • Investment attraction

* North Melbourne data source: MyVictoria - Australian Bureau of Statistics, 2016. CC BY 4.0

Priority Precincts 15 Richmond to Docklands World’s largest sports precinct and cultural capital of Asia

Richmond to Docklands is the heart of Enablers Melbourne’s thriving inner-city. • Riverside spaces with high amenity, cross river linkages A long-term growth area for business and jobs, this • Activation of parkland space as enhanced city established precinct hosts 138,000 jobs and contributes experiences $22.5 billion annually to Victoria’s economic performance. Richmond to Docklands is home to some of the city’s most • Domestic and world sporting and cultural event tourism recognisable parkland, sporting and cultural assets. It • Public transport network to through and within the also drives Melbourne’s reputation as one of the world’s precinct most accessible and liveable cities. Strong and enduring government, industry and community partnerships help • Retail, office, arts, culture, sport, leisure and housing offer maintain the precinct’s strong sense of place and have secured leading industry players as well as over 10,000 residents for the Docklands urban renewal zone. Assets

• Australia’s only world top 10 sporting arena, Melbourne Vision for Richmond to Docklands Cricket Ground, attended by 3.7 million people in 2018/19 • World-class National Gallery of Victoria, visited by 2.6 To create a corridor filled with thriving public spaces million people 2018 and world-class sport, arts, culture and entertainment facilities. The precinct will continue to attract Victoria’s • Globally renowned sports and entertainment zone plus highest number of domestic and international visitors, while Asia Pacific’s richest centre of arts and cultural assets, supporting an increased commercial presence and the including Victorian Arts Centre and jobs those businesses generate. Curated development of • Unrivalled connectivity with key transport and visitor this inner-city corridor will continue to ensure high quality assets like Flinders Street and Southern Cross Stations people-focused design celebrates the city’s key features, influence well-connected civic spaces and deliver a walkable, • Docklands media precinct and destinations including accessible landscape. Marvel Stadium, Melbourne’s harbour and CBD marina

Development stage

INVESTMENT READY Metro Tunnel – opens 2025 Key metrics

Airport Rail preferred route POPULATION *DEGREE + QUALIFIED

DOCKLANDS 78% MARINA CBD MARVEL 42,000 STADIUM FLINDERS STREET STATION FEDERATION SOUTHERN SQUARE TOP EMPLOYER PRECINCT AREA CROSS STATION VICTORIAN DOCKLANDS CRICKET HARBOUR NATIONAL GALLERY GROUND OF VICTORIA 560ha Professional, scientific and technical services, cultural and sporting sectors RICHMOND - DOCKLANDS DISTANCE TO CBD TIME TO AIRPORT

1km 28 MINS (Car) N Outline indicative only

Government projects

TARGET INDUSTRIES STARTED NEXT FUTURE Sport, art and recreation services, Retail, Financial and Insurance services, Mining, • Marvel Stadium Upgrade • Melbourne Arts precinct • Docklands waterfront Information Media, Telecommunication transformation revitalisation • – Stage 3 Redevelopment • Docklands public space

• Federation Square * Docklands data source: MyVictoria - Australian Bureau of Review Statistics, 2016. CC BY 4.0 • MCG Precinct Framework • Sound Stage 6 development

Priority Precincts 17 Sunshine Capital of Melbourne’s booming west

Sunshine is a precinct of enormous potential. Enablers Located between Australia’s biggest curfew-free • Prime Melbourne airport access and Airport Rail international airport and port, with strong road connection and rail connections, Sunshine will become the gateway to global and regional markets. • High capacity CBD travel when Metro Tunnel opens in 2025 Sunshine has a strong cultural heritage and character, • Designated National Employment and Innovation Cluster and a proud industrial history, contributing $2.4 billion to Victoria’s economy and housing 24,000 jobs. Government • University development of future skilled workforce talent infrastructure investment is enabling the development of • Location close to a State Significant Industrial Precinct Sunshine precinct into a major transport and employment hub to service western Melbourne. Assets Vision for Sunshine • Two Victoria University campuses with varied study options The government is partnering with community and other • Sunshine Hospital, key Western Health services provider stakeholders to develop a Sunshine Vision intended for release in 2020. • Sunshine Plaza anchor to the local civic centre • Cost competitive commercial land availability

Development stage

POLICY SETTING Melbourne Airport Key metrics

ST ALBANS STATION POPULATION *DEGREE + QUALIFIED

WESTERN RING RD M80

SUNSHINE HOSPITAL 47% GINIFER 62,000 STATION Airport Rail preferred route

SUNSHINE TOP EMPLOYER PRECINCT AREA VICTORIA UNIVERSITY TRADES COLLEGE VICTORIA UNIVERSITY >3,000ha ALBION STATION Manufacturing SUNSHINE PLAZA

ARDEER STATION SUNSHINE STATION DISTANCE TO CBD TIME TO AIRPORT

TOTTENHAM STATION 12km 20 MINS (Car) N Outline indicative only

Government projects There is strong commitment to improving connectivity in the western metropolitan area. Work has started on the Western Rail Plan, which includes the Melbourne Airport Rail Link TARGET INDUSTRIES with Sunshine on the preferred route. Further projects and initiatives to support the vision will be explored through engagement with council and community. Healthcare, social assistance

* Sunshine data source: MyVictoria - Australian Bureau of Statistics, 2016. CC BY 4.0

Priority Precincts 19 Footscray Cultural heart of Melbourne’s west

Footscray is Melbourne’s inner-most western hub, Enablers located just five kilometres from the CBD. • New $1.5 billion Footscray Hospital Its health and education sectors will be more important • CBD, western suburbs and regional Victoria connectivity than ever with the new Footscray Hospital and the growing campuses of Victoria University. Footscray’s population is • University development of future skilled workforce talent growing as the benefits of its location and diverse creative • Rich heritage with creative and waterfront assets and cultural offerings are increasingly appreciated here and internationally. • Access to the Port of Melbourne

Vision for Footscray Assets • Main Victoria University campus with various study The government is partnering with community and other options stakeholders to develop a Footscray Vision intended for release in 2020. • Thriving bar and restaurant sector with a gritty creative scene • Head offices for key utility and service delivery agencies, including Western Health and City West Water • Footscray Market visitor destination and local fresh produce centre • Footscray Park, one of Australia’s biggest and best preserved Edwardian parks • 12,000 capacity Whitten Oval sporting stadium

Development stage

POLICY SETTING Key metrics

POPULATION *DEGREE + QUALIFIED MAIN VICTORIA UNIVERSITY CAMPUS FOOTSCRAY PARK WESTERN HEALTH 16,335 65%

TOP EMPLOYER PRECINCT AREA FOOTSCRAY WHITTEN OVAL MARKET Airport Rail preferred route FOOTSCRAY STATION <500ha Health and hospitality CITY WEST WATER services

FOOTSCRAY PRINCES HWY DISTANCE TO CBD TIME TO AIRPORT

5km 20 MINS (Car) N Outline indicative only

Government projects Construction of a new hospital for Footscray will mean almost 15,000 additional patients can be treated and around 20,000 additional people will be able to be seen by the TARGET INDUSTRIES emergency department each year. The precinct will be more accessible than ever with the Metro Tunnel project completed when the hospital opens in 2025. Healthcare, social assistance

* Footscray data source: MyVictoria - Australian Bureau of Statistics, 2016. CC BY 4.0

Priority Precincts 21 For more information

Contact Invest Victoria to learn more about Victoria’s Contact the Department of Jobs Precincts and Regions to Priority Precincts and their competitive investment offer. learn more about what’s happening in Victoria’s Priority Precincts. Invest Victoria has offices in over 20 locations around the globe. To find your nearest office or send an email, Website: vic.gov.au/priorityprecincts visit invest.vic.gov.au Phone: +61 3 9651 9999

Invest Victoria Melbourne Office Phone: +61 3 9651 8100 121 Exhibition Street Melbourne, Victoria, 3000 Australia

22 Priority Precincts Image credits James Henry: page 2; Rob Deutscher: page 3, 23, PeterMacCC: page 4, David Jackmanson: page 4