New housing initiative a win for regional NSW
The Urban Development Institute of Australia (UDIA) NSW today welcomed the State Government’s plans to transform six regional NSW Land and Housing Corporation sites into public, private and affordable housing.
UDIA NSW Chief Executive Stephen Albin said the State Government’s Communities Plus initiative offered a good platform from which to renew dormant or ageing sites for the benefit of the growing population.
“The Institute commends the government’s initiative in working to partner with industry to deliver social, affordable and private housing on various inactive or dilapidated asset sites,” he said.
“It’s no secret there’s a shortage of affordable housing currently in NSW, and the State is expected to cater to an additional 2 million people by 2031 – those people need homes.”
The medium and high-density development sites include:
•The transformation of a commercial building and car park on Mann Street in Gosford. The 4677sq m site will accommodate up to 200 apartments.
• Up to 30 dwellings on 2800sq m of vacant land in Glendale, Wallsend and Lake Macquarie.
• A further 320 social, affordable and private dwellings in Tweed Heads, Seven Hills, Telopea and Liverpool.
These projects complement the recently announced 8 hectare Ivanhoe Estate at Macquarie Park, which will be transformed into an integrated community with more than 1800 private dwellings, plus 556 social housing dwellings and 128 affordable dwellings.
The Urban Development Institute of Australia NSW is the state’s leading property industry body. It advocates for better planning; timely and affordable housing, and the building of vibrant communities to increase local job opportunities.
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