Docklands to be transformed by $1.75 billion development…

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Melbourne's Docklands is set to undergo a $1.75 billion transformation expected to rival that of developments seen in Dubai, Singapore and New York.

A $1.75 billion retail and luxury accommodation development opposite Marvel Stadium is set to transform Melbourne’s Docklands precinct.

Developers Gurner said the city-defining mega-project “will transform the last major site in Melbourne’s Docklands into a world-class mixed-use, botanical destination, at a scale to rival the awe-inspiring buildings of Singapore or New York and London”.

A degree of mystery surrounds the public centrepiece of the site, with Gurner CEO Tim Gurner saying “the public realm attraction, which will soon be revealed, will be a huge drawcard to the area and connect in with what will becomes Melbourne’s largest and most important wellness, recovery and performance centre, as well as a bustling mixed-use, retail and commercial precinct that will anchor the site, with multiple mixed-use towers floating above.”

The project is a joint venture between Gurner and City Harbour and will include 1,200 apartments in a mix of build-to-rent and build-to-sell residences, a 200-room hotel, wellness precinct, ground floor retail, commercial office space and upper floor hospitality venues. The site will offer immediate Quay and harbour-front views.

City Harbour Head of Development David Napier, also an investor, said the team will create “something unique that will redefine the Docklands and Melbourne.”

The revised plans are currently being finalised, with a focus on pedestrian circulation, public activation, lagoon-like greenery and shared communal spaces. Plans are expected to be lodged with council later this year.

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