Located on the fringe of Melbourne's CBD and adjacent to the university's main Parkville campus, the former hospital will now be redeveloped as a series of five new connecting buildings focused around a central 'Oculus' and publicly-accessible open space. The precinct will provide shops, cafes, public spaces, accommodation for more than 500 students and visiting academics, a childcare centre and Science Gallery Melbourne, which will deliver cutting-edge exhibitions, events and experiences. As well as co-working and commercial office space, it will feature a Fab Lab and a 'Superfloor' dedicated to collaboration and fostering the exchange of ideas.