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Read more10 October 2025
A bold new chapter is unfolding at Moonee Valley Park as developers Hamton and Hostplus unveil plans for the sixth stage of the $3 billion masterplan that will reshape Melbourne’s inner north-west. The proposed $850 million Cox Plate Precinct marks a milestone in the transformation of the iconic racecourse, introducing more than 1,000 new homes and a vibrant mix of living, working and leisure spaces.
Designed by DKO, Nelson + Koo and FK Australia with landscape architecture by Tract, the precinct embodies the kind of integrated, sustainable living that is redefining how Melburnians experience their city. It will feature five striking buildings ranging from 10 to 25 storeys, including two build-to-sell apartment towers, two build-to-rent options and a boutique hotel. Around 10 per cent of the 1,092 homes will be allocated to affordable housing, an important nod to inclusivity amid a challenging housing market.
The development will deliver a thoughtfully balanced residential mix, with 127 studios, 335 one-bedroom, 448 two-bedroom and 182 three-bedroom apartments. The design caters to everyone from first-home buyers and young professionals to families and downsizers. Residents will enjoy seamless access to lifestyle amenities, with more than 3,000 square metres of retail space including a supermarket, 4,100 square metres of office space, and a 146-space public car park to serve the growing community.
Two grandstand-inspired buildings, named Grandstand North and Grandstand South, will overlook the racecourse and replace existing infrastructure while integrating nature throughout their vertical design. Grandstand South will feature lush greenery cascading across 366 apartments, while Grandstand North will combine 191 dwellings with premium commercial space. The 184-room hotel, with a lively ground-floor lobby and retail offering, adds another layer to the precinct’s “live, work, play” appeal.
Hamton Managing Director Matt Malseed described the Cox Plate Precinct as a “unique mixed-use community that will unlock significant new housing supply for Melbourne’s inner north-west.” His vision is already being realised through earlier stages of Moonee Valley Park, including The Eveline by Cera Stribley and Trackside House by Rothelowman and Carr, both of which have seen strong demand and premium sale prices compared to the local market.
Hamton founder Paul Hameister attributes this success to the project’s nature-based design philosophy, which blends green space, sustainable architecture and lifestyle-driven planning. From horizon pools overlooking the final race straight to rooftop entertainment areas, residents will have front-row seats to the famous Friday night races, a touch of luxury that perfectly captures the spirit of Moonee Valley.
As the grandstand redevelopment begins following this month’s Cox Plate, the precinct’s evolution continues to represent Melbourne’s next great urban neighbourhood, one that celebrates community, connection and contemporary living in equal measure.