Although Docklands is already a well - established community, there are still significant upgrade benefits around Regatta:
Central Pier Reconstruction Plan: The Central Pier, not far from the project, is currently in a derelict state. The Victorian government is planning to reconstruct it into a world - class waterfront dining and cultural center, which will directly drive a second surge in the value of surrounding properties.
Greenline Project: The Melbourne City Council is promoting a greening transformation along the Yarra River, aiming to create a waterfront promenade comparable to the High Line in New York. Regatta is exactly located on the extension of this promenade.
Marvel Stadium Upgrade Effect: The nearby Marvel Stadium is undergoing a commercial upgrade, which will introduce more retail and all - day activities to enhance the regional vitality.