Expressions of interest are open to unlock thousands of homes in the Arden precinct.
Just two kilometres from the centre of Melbourne’s CBD, Arden is a central and connected precinct that is set to be home to up to 20,000 people by 2051.
The EOI is being led by Development Victoria on behalf of the Victorian Government.
Expressions of interest are open for the private sector, industry, and investors to partner with the Victorian Government in developing the 13.5-hectare government-owned land parcel in the precinct.
The scale of opportunity so close to the city, along with significant government land holdings and exceptional transport connections, makes Arden a unique project for Melbourne.
The precinct is around the corner from Melbourne's Biomedical Precinct, one of the world’s leading biomedical centres, providing future residents with access to healthcare and housing for healthcare workers.
The Victorian Government’s Housing Statement commits that a minimum of 10% of the housing on government land will be affordable housing. This requirement applies at Arden.
Priority will be given to proposals that deliver quality and affordable housing for diverse residents and key workers, including options for affordable, build-to-rent, build-to-sell, shared equity, and key worker housing.
Expressions of interest will close on Tuesday, 20 August 2024. To learn more about this opportunity, click here.
