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You are here: Home / UrbanGrowth, SMDA & RWA Plans & Activities / Elizabeith Street SSDA / NSW Land and Housing Corporation (LAHC) cancels Build to Rent for PCYC / Elizabeth Street Redfern

NSW Land and Housing Corporation (LAHC) cancels Build to Rent for PCYC / Elizabeth Street Redfern

The media release below was issued by the Department of Planning Industry Environment, of which LAHC is a part, on 27 October 2021. LAHC have cancelled the Build to Rent (BTR) proposal saying that the planning proposals being considered by Council will impact the ability to deliver the BTR proposal. LAHC has issued a new EOI process for their standard Build to Sell model for this site that will deliver about a third social housing. Acording to a tender site the new EOI closes on the 14 December 2021.

NEW PROPOSAL FOR NEW HOMES IN REDFERN

The NSW Land and Housing Corporation (LAHC) has released a new Expression of Interest (EOI) seeking a development partner to deliver a mixed tenure project at 600 Elizabeth Street, Redfern.

LAHC CEO Mick Cassel said the proposal could see the construction of over 300 new homes and a community facility, with a contemporary design that is in line with the evolving look, feel and culture of inner-city Sydney.

“This new development will inject more vitality into Redfern and will provide safe and modern housing in close walking distance to public transport, shops and other important services”.

“Around a third of these homes will be for social housing, creating over 700 jobs in Sydney. Our aim is to invigorate and enhance one of Sydney’s central districts with a variety and mix of homes to meet local needs.”

Positioned opposite the iconic Redfern Oval, the proposed site is predominantly vacant, and well located in close proximity to the new Metro Station at Waterloo.

In July 2018, a proposal designed to cater for Sydney’s demand for rental housing under a Build to Rent model (BTR) was released for EOI. However, proposed changes to planning controls being considered by City of Sydney Council will impact the ability to deliver BTR. As a result, the previous procurement process has been terminated, and all tenderers have been informed.

The new EOI proposes a delivery model which incorporates housing for sale and allows for more homes for people in need.

For more information on this project please visit https://www.dpie.nsw.gov.au/land-and-housing-corporation/greater-sydney/redfern

Source: Media release dated 27 October 2021.