UrbanGrowth NSW: Government says Build, Build, Build

GOVERNMENT SAYS BUILD, BUILD, BUILD

Minister for Planning and Infrastructure Brad Hazzard today announced the NSW Government has charged UrbanGrowth NSW with a new mandate to lead the delivery of major scale renewal projects.

“The NSW Government has said to UrbanGrowth NSW get on with these complex revitalisation projects so that we can build, build, build,” he said.

“These projects will change Sydney and the state for the better.

“Most of the projects are on surplus government land and represent great value for the taxpayers of NSW.

“Labor sat on its hands and delivered the worst housing figures for 50 years.

“The NSW Liberals and Nationals are using state-owned assets to deliver great new urban places and significantly boost the NSW economy.”

UrbanGrowth NSW will lead the creation of a new pipeline of urban sites, ready for development by the private sector, to boost housing supply near jobs and transport.

“If it’s big, bold and gives taxpayers bang for their buck, UrbanGrowth NSW will be there,” Mr Hazzard said.

“UrbanGrowth NSW has a clear brief to consult with the community, hear the messages of what is wanted and get on with delivery.

“The NSW Government recognises that we need to look  after our growing population and we’re doing this through better planning, better design and investment in infrastructure – transport, schools, health and other services communities need.

“UrbanGrowth NSW will co-ordinate across government agencies so that these future needs are met.”

The new UrbanGrowth NSW portfolio comprises:

• Newcastle Urban Renewal and Transport Program
• Parramatta Road Urban Renewal
• Central to Eveleigh Urban Renewal and Transport Program
• Parramatta North Urban Renewal
• Green Square Town Centre

Other projects will be added over time.

“Over coming decades these projects will deliver 60,000 homes in NSW for more than 150,000 residents and create 45,000 jobs – while delivering up to $65 billion in Gross Regional Product,” Mr Hazzard said.

“Labor mismanagement over 16 years saw infrastructure neglected in NSW, to the detriment of everyone in the State.

“The NSW Liberals and Nationals Government is investing billions in vital infrastructure to support growth, including half a billion dollars through the Housing Acceleration Fund to unlock housing supply opportunities.”

The new UrbanGrowth NSW role is to support the Government’s investment in infrastructure by creating and delivering urban renewal opportunities.

Over the next few years, UrbanGrowth NSW will transition from greenfields retail development through its Landcom operation to its new focus.

“UrbanGrowth NSW will act as the last piece of the puzzle to drive urban renewal - it will act as a dedicated government investment vehicle that will seek and unlock opportunities for the private sector to deliver housing and jobs for the people of NSW,” Mr Hazzard said.

“The NSW Government knows that engaging communities in these projects is fundamental to their success. People want better cities.

“UrbanGrowth NSW, and before that Landcom, has always worked in a collaborative manner with local councils and the community and this mode of operation will continue,” Mr Hazzard said.

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Source: Ministerial Media Release 8 March 2014 and http://urbangrowth.nsw.gov.au/news/news/government-says-build,-build,-build.aspx