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HIA: Broadmeadow Place Strategy provides opportunity to be ‘bold’

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The peak national industry association for residential building in Australia believes the release of the Broadmeadow Place Strategy is a chance to be “bold”.

City of Newcastle (CN) and the NSW Government unveiled its draft plan on Wednesday 22 May, outlining the suburb’s potential housing, employment and public space opportunities for the next three decades.

The proposal, which envisages the revitalisation of a 313-hectare precinct, with up to 20,000 new homes and 15,000 jobs while retaining Broadmeadow as the region’s premier sport and entertainment destination, will go to a vote of councillors at the next CN meeting.

And, the HIA is calling on all parties to focus on the future.

“With the potential to provide more than 20,000 new dwellings, over nine sub-precincts, the site is one of the most exciting mixed use urban renewal projects in Australia,” Hunter executive director Craig Jennion said.

“The chance to combine sport, entertainment, employment and housing will revolutionise the way we live, work and play.

“With an exceptionally high level of demand for residential building in the Lower Hunter, the stage one state-led rezonings will be a catalyst in alleviating pressures on the sector, delivering much-needed housing stock.

“Over the next 30 years, the supply of diverse housing will have a significant impact on broader economic activity, which will in turn result in societal benefits.

“This precinct provides a once-in-a-generation opportunity to be bold and ambitious.”

The NSW Government will soon release rezoning plans for consultation that proposes the development of homes on identified government-owned land as part of the first stage.

“We’re in the midst of a housing crisis and the draft Broadmeadow Place Strategy provides us with a great opportunity to prepare for more homes,” Minister for Planning and Public Spaces Paul Scully said.

“This collaborative approach to create a vision for the precinct from different levels of government is about securing more housing and a better future for Newcastle.

“We have been working with council on these complementary plans and I encourage the community to provide feedback when they go on exhibition.”

For further details about the draft Broadmeadow Place Strategy, visit https://haveyoursay.newcastle.nsw.gov.au/broadmeadow-place-strategy

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