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You are here: Home / UrbanGrowth, SMDA & RWA Plans & Activities / Waterloo Public Housing & Metro Station Redevelopment / LAHC post zoning planning. / Waterloo Consortia down to the Stockland and Lendlease consortia

Waterloo Consortia down to the Stockland and Lendlease consortia

LAHC have announced that the Stockland and Lendlease consortia have been shortlisted to undertake the Waterloo public housing redevelopment with a final decision on the successful tenderer expected mid 2024.
Waterloo Consortia down to the Stockland and Lendlease consortia

Waterloo South Concept artist impression small park

Who are in the short listed consortia?

  • Stockland Development Pty Ltd / Link Wentworth Housing Limited / City West Housing Pty Limited / Birribee Housing Limited
  • Lendlease Development Pty Limited / St George Community Housing Limited

The unsuccessful consortia were:

  • Mirvac / Community Housing Limited / Aboriginal Community Housing Limited / National Affordable Housing Consortium Limited.
  • Frasers Property Australia / Bridge Housing – it is understood that Frasers pulled out of the process when the NSW Government increased the affordable and social housing requirement.

What has LAHC said to Waterloo tenants about this announcement?

LAHC distributed a Waterloo Renewal tenant letter the day before the media announcement. Information about the decision was also contained in the Waterloo Newsletter December 2023 on the LAHC Waterloo site.

What have LAHC said to the media (LAHC media statement 6 December 2023)

Final two candidates shortlisted in Waterloo Estate procurement -

The NSW Government is drawing closer to the appointment of a renewal partner to deliver one of Australia’s largest social housing renewals at the Waterloo Estate, with confirmation of the final shortlisted consortiums.

Following the conclusion of the second stage of the Request for Proposal (RFP), two candidates have progressed to the final stage of procurement.

This follows changes announced earlier this year that the number of social and affordable homes in the first stage of development at Waterloo South would be increased to 50% – an uplift of up to 500 homes.

The shortlisted consortiums include:

  • Stockland Development Pty Ltd / Link Wentworth Housing Limited / City West Housing Pty Limited / Birribee Housing Limited
  • Lendlease Development Pty Limited / St George Community Housing Limited

NSW Land and Housing Corporation (LAHC) A/Chief Executive Michael Wheatley said the ideal renewal partner will collaborate with government and the community to support residents through change and create a vibrant and mixed inner-city community with a real sense of place.

“This is a long-term renewal project that will be delivered over the next 30 years starting with the first stage at Waterloo South, so it’s important we find a renewal partner who is capable and committed to support us to optimise social housing, placemaking, community development and sustainability outcomes within the Waterloo community,” Mr Wheatley said.

“There has been an incredibly high calibre of applicants demonstrating the competitive interest in contributing to this monumental social housing initiative.

“I’d like to congratulate those moving to the final round, and thank Mirvac and Community Housing Limited, and Frasers Property and Bridge Housing for their participation in our procurement thus far.

“Our commitment to increasing the proportion of social and affordable homes in the Waterloo Estate is a significant step toward providing more and better housing for our residents, and we look forward to working closely with the successful consortium to make this vision a reality.”

The Waterloo Estate redevelopment is a major urban renewal project that will enhance the strength and diversity of the community to deliver a vibrant community with a mix of social, affordable and private housing, as well as retail, community facilities and public open spaces.

LAHC expects to announce the successful consortium mid-2024.

For more information about the Waterloo Estate, please visit: dpie.nsw.gov.au/land-and- housing-corporation/greater-sydney/waterloo

Source: Final two candidates shortlisted in Waterloo Estate procurement

What have the media reported?

The media drop for this announcement was made to the Daily Telegraph and the article can be found on line behind their paywall as Stockland, Lendlease face off in $4bn Waterloo housing estate overhaul.