Docklands is probably the largest and most economically
significant urban renewal project which has taken place in Australia’s history.
This project has huge implications on Melbourne, Victoria and Australia as it
attempts to attract large national and international business investment. The economic
benefits more then cover the overall expense of this large project; the overall
cost of the project is $12billion and is currently at its halfway point but has
already received $8.5billion of business investment and when complete in 2025
it will accommodate over 50,000 workers. These economic benefits are extremely
important to Melbourne’s economy but a urban renewal project of this size
internationally shows that Australia can be world leaders in innovation to
encourage global investment.
To understand the importance of this urban renewal project
locally we first need to consider the history of this area. Established in 1880
to support ships for incoming immigrants and materials, over years it became a
heavy industrial area to take in materials for Melbourne and Victoria’s trade, construction
and manufacturing industries. Between 1900 and the 1950’s Docklands was the busiest
port in Australia, this was due to both industry and immigration and for this
reason established strong rail links for trade and transport across Melbourne and
Victoria. After the 1950’s docklands trade was redirected to other more accessible
ports in Victoria most notably Geelong and its fate was uncertain all that
remained was an industrial wasteland on Melbourne’s naturally beautiful
waterfront.
In 1991 the Victorian government established the docklands
authority, to plan and develop the docklands area, in 1996 the plans were
drafted and released and the docklands area was split in 7 precincts, in 1997
construction on the stadium commenced and in 2013 the docklands project hit its
halfway point.
Docklands history gives it a special place in the community’s
heart so extensive community consultation was and still is needed for the
correct outcomes for the Melbourne community and heritage plays and important
role to preserve the history of docklands. What was clear from the community consultation
was the community wanted more utilisation of the water front, more greens
spaces and innovative environmental design. This was all considered and is
reflected in the reports released. Docklands is now an area with investor, community
and tourist appeal, all design and construction must fall within ESD guidelines
and the docklands area will be home to 20,000 residents, 700 marinas and over
100 restaurants and cafĂ© to establish a vibrant area on Melbourne’s waterfront.