Fishermans Bend Development Delayed by at Least Five Years

Five short-term projects have been completed in Fishermans Bend, including building the South Melbourne Primary School and upgrading tram stops. However, 14 medium-term projects and all 23 long-term projects remain outstanding. Some developments have been delayed by up to 21 years, affecting schools in Lorimer, Montague, and Sandridge.

Only 35% of the planned 80,000 dwellings have been built in Fishermans Bend, accommodating about 28,631 residents. Similarly, only 12% of the targeted 80,000 jobs have been created, with 9,788 jobs supported by 305,533 square meters of commercial space.

The audit emphasized the importance of public visibility on the progress of Fishermans Bend development. While the state government mentioned ongoing transformations, concerns were raised by stakeholders about delays in infrastructure and public transport, particularly the long-awaited tram line.

Opposition housing spokesman criticized the government for the delays, highlighting the need for urgent infrastructure development in the precinct. The audit also revealed disagreements between councils and the state government over partnership agreements and consultation processes.

Leaders in Melbourne urged a collective effort to address the challenges and deliver on the potential of Fishermans Bend to alleviate the housing crisis. They emphasized the importance of learning from past mistakes and expediting infrastructure projects for the area's success.