The Fitzroy Gasworks redevelopment is a landmark urban renewal project transforming a historic 3.9-hectare former industrial site into a vibrant, sustainable inner-city precinct in Melbourne. Located at 433 Smith Street, Fitzroy North, the project aims to revitalise one of the city’s most significant heritage locations into a thriving urban village that integrates residential, education, recreation, and commercial spaces. This redevelopment represents a major step toward creating a modern, connected, and community-focused neighbourhood.

The masterplan will deliver approximately 1,200–1,400 new homes, with at least 20% dedicated to affordable housing, supporting greater housing accessibility in a high-demand location. The precinct also includes a new senior high school for 650 students, a multi-use indoor sports centre, and around 8–9% public open space, along with underground parking and strong cycling infrastructure. Designed with sustainability in mind, the project promotes energy efficiency, walkability, and reduced environmental impact, setting a benchmark for future urban developments. 

Beyond housing, the Fitzroy Gasworks project focuses on creating a fully integrated community environment. With enhanced connectivity to public transport, local amenities, and surrounding suburbs, the development encourages active lifestyles and social interaction. The inclusion of heritage elements, such as preserved historic structures, ensures the site retains its cultural significance while embracing modern design. Once complete, the precinct will stand as a model for sustainable urban regeneration, combining liveability, affordability, and long-term community value.