New Melton Hospital Project
Project Overview
The Victorian Government has committed more than $900 million to deliver a new Melton Hospital in 2029.
This project is being delivered by the Victorian Health Building Authority in partnership with Western Health and Exemplar Health.
Capella Capital is the lead sponsor, financial advisor, equity investor and Project Co asset manager for the Project.
The Exemplar Health consortium includes Lendlease as design and construction partner, Honeywell and Compass Group Healthcare as facilities services providers and Invesis as U.A investor.
The project is being delivered as a PPP, with Western Health as the public operator of all clinical services.
Construction commenced in 2025. Once completed in 2029, Melton Hospital will have capacity to treat 130,000 patients each year and see almost 60,000 patients in the emergency department each year.
Project Benefits
The new Melton Hospital will:
- create more than 700 direct jobs and 1,700 indirect jobs during construction
- generate 3,975 direct jobs on-site in its first full year of operations, including medical and nursing staff, allied health professionals, technicians and administrative and facilities management staff
- generate 2,485 indirect jobs in surrounding health-related services and other businesses
- help turn the Cobblebank Metropolitan Activity Centre into a major hub and gateway for healthcare, education, training and job creation in the outer west
It will be Victoria’s first all-electric hospital, powered by 100 per cent renewable energy and supporting the state’s net-zero 2050 target.
Project Facts
Awards
- IJGlobal - Social Infrastructure Deal of the Year 2025
