Landowners in Melbourne’s Fishermans Bend precinct are delaying projects on the peninsula as they grapple with paltry public transport infrastructure and strict planning controls limiting carparking capacity. 

It is a classic chicken-and-egg situation, and is constraining the growth and success of the 480ha precinct which will ultimately be home to 80,000 residents, 80,000 jobs and 20,000 students.

Fishermans Bend Business Forum vice-president Murray Nicol says businesses are delaying development and investment on the peninsula due to its lack of connectivity with the rest of Melbourne.