A unique urban waterfront opportunity
As a natural extension to Melbourne’s Central Business District (CBD), Docklands is home to many international and domestic corporations from sectors including:
- Banking and finance
- Professional services
- Property, construction and transport
- Media, sport and creative
- Retail and hotels.
With over 73,000 people working in Docklands, and 13,000 residents, the precinct also boasts over nine hectares of parks and open space and 68 pieces of public art.
Docklands reconnects central Melbourne with its historic waterfront, and business, finance and construction with the amenity of urban spaces.
Where is Docklands?
Docklands is located directly west of Melbourne’s CBD and is serviced by multiple transport modes including tram, train, bus and ferry. This includes Southern Cross Station and eight tram lines.
Docklands in future
Construction of Docklands commenced in 1997 and was originally anticipated to be completed in 2025. Docklands will continue to evolve with re-master planning underway for some precincts.
To date, Docklands has:
- Achieved urban renewal through strong partnerships with private developers, the State Government and the City of Melbourne
- Attracted $14.6 billion of private investment
- Become home to more than 13,000 residents and 73,000 workers
- Sustained 2,500 to 3,000 construction jobs annually
- Constructed 10,000 apartments and more than 1 million square metres of commercial space (including currently under construction)
- Become home to some of Australia’s largest companies including ANZ, NAB, Medibank Private, and Myer
- Become home to Marvel Stadium and the waterfront - a world-class sporting and entertainment destination
- Displayed 68 pieces of public art
- Created more than nine hectares of parks and open space
Life in this precinct
Through its continuing maturity, Docklands has sustained 2,500 to 3,000 construction jobs annually, and is home to 73,000 workers. New employment opportunities will continue to arise. Its proximity to other developing precincts, such as Fishermans Bend and Parkville, will continue to drive economic outcomes that create more jobs.
Key employment sectors in Docklands are:
- Financial and professional services
- Research and innovation
- Retail, cultural and entertainment
- Tertiary education.
Docklands housing ranges from apartments, townhouses, public housing, river homes and wharf side terraces. The development of Docklands is managed by Development Victoria with private sector partners.
Docklands has one of the largest concentrations of green buildings in Australia, embracing strong Ecologically Sustainable Development (ESD) principles, as well as over nine hectares of parks and open space.
The Development Victoria website contains more information about the growth and development of the Docklands Business Precinct.
Page last updated: 26 May 2021