Health and education · State capital program
Parkville Precinct Redevelopment
Approved
- Location
- Parkville (Vic.) (locality centre; the budget names the suburb, not the site), Parkville (Vic.), Victoria
- Value
- $2.3bn, total estimated cost in the state budget
- Owner
- Department of Health
- Contractors
- Not named in a public source yet
- State approval
- Not recorded yet
- Federal approval (EPBC)
- No EPBC referral matched
- Last activity
- 2026
Nearby projects
Royal Children's Hospital expansionUnder construction · Health and education · $56m · under 1 km awayQueen Victoria Market Southern Development projectApproved · Property · 3 km awayRoyal Exhibition Building Protection and Promotion, VicApproved · Other · 3 km awayRoyal Melbourne Hospital Critical Infrastructure WorksApproved · Health and education · $57m · 5 km awayFishermans Bend Innovation Precinct at the former General Motors Holden Site – Stage 1Under construction · Transport · $198m · 5 km awayCBD Stage 4 – Siddeley StUnder construction · Water and utilities · $93m · 5 km away
Sources
- Victorian Budget 2026-27, Budget Paper 4 State Capital ProgramParkville Precinct Redevelopment: total estimated investment $2.3bn, $185m spent, estimated completion tbc. Department of Health. Licence: CC BY 4.0. Retrieved 21 October 2026.
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