Lifestyle developer Gurner has secured planning approval for the first stage of its ambitious “Elysium Fields” project in Melbourne’s Docklands.
The $1.7 billion development, described as a “futuristic wellness and anti-ageing utopia,” received the green light from the Minister for Planning for its first three towers.
The 27,000 square metre site at 208-226 Harbour Esplanade is set to become a transformative precinct, housing approximately 1,100 dwellings upon completion.
The project will feature 3,700 square metres of immersive public landscapes and gardens, with the first three towers accommodating around 700 residences.
In a significant move, Hamilton Marino has been appointed to construct the first tower, providing certainty in an unstable construction market.
Early works are slated to begin within the next four weeks, preceding the public launch of sales earmarked for early 2025.
Tim Gurner, founder and executive chairman of Gurner, envisions Elysium Fields as a “utopian urban forest within a city.”
The precinct will incorporate cutting-edge health and wellness technologies, offering residents access to on-site anti-ageing facilities such as cryotherapy, IV infusions, and infrared saunas.
An exclusive Elysian Reverse Ageing Medical Clinic will provide medical-grade treatments, including MRIs and personalised health plans.
The development will also feature the Saint Haven Private Club, spanning 3,000 square metres, and the Haven Ancient Baths, offering 15 different types of enriched water for optimal health.
Designed by Fraser & Partners, the precinct will include a ‘path of life’ for various physical activities, alongside a rooftop sports court and 5,000 square metres of retail and dining space.
A standout feature of Elysium Fields will be its botanical gardens, complete with a futuristic glass dome, creating a 24/7 interactive retail and entertainment experience.
The residences themselves will be equipped with filtered air purifiers, circadian lighting, and optional recovery upgrades.
The project, a joint venture between Gurner and City Harbour, will ultimately comprise over 1,100 build-to-rent and build-to-sell apartments, two hotels, and extensive hospitality offerings.
Gurner expressed excitement about reshaping Docklands’ future, stating: “This will be Australia’s first next-generation wellness precinct where our homes can make us healthier and have a marked impact on our mental and physical wellbeing.”
As the project moves forward, Gurner remains optimistic about the market, planning to launch $3.5 billion worth of new projects in the next 12 months.
The company believes the market is poised for a rebound as economic conditions stabilise and housing demand remains high.