Stockland Goes Public with Plans for Jetstar’s Melbourne Headquarters

The two data centre halls would total about 75,000sq m of gross floor area and 12,000sq m of plant area for generators and chillers. 

The scheme plans to “provide much needed AI integration, data,content and cloud services to address the emerging demand for cloud computing services,” according to Stockland’s planning report. 

It is one of the few Melbourne locations with the zoning and grid capacity to allow data centre operations, the developer said. 

Also open for consultation is Stockland’s redevelopment of the 5241sq m “trophy” site at 79-81 Victoria Parade, Collingwood, currently the home of airline Jetstar. 

The developer filed plans in May for a residential and retail precinct. The Jetstar lease is due to expire next year.

▲ The Victoria Corner block, now home to Jetstar, overlooks the East Melbourne parklands and the Melbourne Cricket Ground.

Stockland acquired the site in 2024. It had been listed with a price expectation of around $65 million. 

The plans for the site include 478 homes across two buildings of 17 and 23 storeys, and 1089sq m of retail. 

The plans being by Wardle also include 297 car parking spaces across two basement levels.

The scheme continues Stockland’s return to the apartment sector, joining another Collingwood project and its Waterloo renewal precinct in Sydney. 

The redevelopment of the Jetstar HQ into residential housing would offer  a broad spectrum of housing types including townhouses, studios, and one to three-bedroom apartments, it said. 

The site, opposite a tram stop in the Smith Street Major Activity Centre, is 1km from the Melbourne CBD and surrounded by repurposed industrial sites and contemporary developments as well as low-density Victorian-style buildings. 

If approved, construction would begin in December of next year.