In 2012, then-Planning Minister Matthew Guy under the State Government of Ted Baillieu made a surprise decision to rezone 250 hectares of Fishermans Bend from urban industrial land to mixed use, placing the area as part of Melbourne's Capital City Zone.
ɪn tˈuː θˈaʊzənd twˈɛlv, ðˈɛnplˈænɪŋ mˈɪnɪstɚ mˈæθjuː ɡˈaɪ ˌʌndɚ ðə stˈeɪt ɡˈʌvɚnmənt ʌv tˈɛd bˈeɪluː mˌeɪd ɐ sɚpɹˈaɪz dᵻsˈɪʒən tə ɹᵻzˈoʊn tˈuːhˈʌndɹɪd fˈɪfti hˈɛktɛɹz ʌv fˈɪʃɚmənz bˈɛnd fɹʌm ˈɜːbən ɪndˈʌstɹɪəl lˈænd tə mˈɪkst jˈuːs, plˈeɪsɪŋ ðɪ ˈɛɹiə æz pˈɑːɹt ʌv mˈɛlbɚnz kˈæpɪɾəl sˈɪɾi zˈoʊn.