The government has "called in" a CBD development and two regional projects currently tied up in the planning tribunal.

It has also approved a planning scheme amendment to enable a $7.5 million neighbourhood activity centre, at Melton, on Melbourne's western fringe, to go ahead.

Planning Minister Justin Madden said the projects were worth more than $371 million combined, with the potential to create more than 612 jobs.

He said the third round of fast tracked projects would save jobs and costly delays, providing a much needed shot in the arm for the Victorian economy.

"Key building projects need timely decisions. This can still be achieved with transparency to the process, and giving people an opportunity to have a say," he said in a statement.

"In a tough global economy, the Brumby Labor government knows that community expects us to ensure there are no costly delays to planning decisions, particularly for projects with significant economic and job benefits."

The projects include a $150 million mixed use development in Sturt Street, Southbank, which is currently before the Victorian Civil and Administrative Tribunal (VCAT).

Other projects called in after stalling at VCAT are a dispute over vegetation removal for the $200 million Oakland Hills wind farm at Glenthompson, in western Victoria.

A $13.7 million retail development at Maffra, in southeast Victoria, has also been fast-tracked.