Sounds like this could be an area that the club focus on in the future.
http://theage.domain.com.au/real-estate-news/baillieu-plans-innercity-ho...
[quote]
AN AREA more than twice the size of Docklands is to be opened up for inner-city housing under an ambitious plan to be launched within months by the Baillieu government.
About 200 hectares of land around Fishermans Bend - now a light-industrial area of factories and vacant lots near West Gate Bridge - is to be transformed into a suburb housing tens of thousands of people.
Planning Minister Matthew Guy has told The Age he will establish an Urban Renewal Authority in the next four months to oversee a 20 to 30-year plan for the area.
''The Kennett government had a vision for Docklands, the Cain government saw [a vision for] Southbank - and now the Baillieu government has a vision for Fishermans Bend,'' Mr Guy said. ''It's a big challenge and it will be a big legacy, but it's one I think we have to get right now.''
He said it would be ''a suburb of high-density accommodation that is unlike anywhere we've seen in Australia''.
The project fits in with the government's stated policy of refocusing some urban growth from Melbourne's fringes to its heart - a policy that state-owned developer VicUrban is to be involved in implementing.
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