The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterSun 22 Oct 17

Victorian Government Creates New Suburb on CBD's Edge

The Victorian government has rezoned industrial land north-west of Melbourne's CBD to build thousands of new homes in a bid to tackle housing affordability.

The rezoning will make way for 10,000 new residents in the newly-created suburb, Macaulay, with Planning Minister Richard Wynne announcing changes to the Melbourne Planning Scheme on Monday.

"We’re building a flagship new community, protecting local character, making homes more affordable and giving more Victorians a chance to work close to where they live," he said.

The suburb will benefit from close proximity to the future Arden urban renewal area and station, one of the five new underground stations being built as part of the Metro Tunnel.

[Related reading: Lendlease-Led Consortium Wins $6 Billion Melbourne Metro Tunnel Project]

The changes will unlock millions of dollars of investment for the new suburb, in a attempt to make homes more affordable and to create a new community within the inner-city limits.

[Related reading: Tenants Given More Rights Under Victorian Rental Reforms]Wynne has approved the City of Melbourne’s request for an interim development contributions plan overlay, ensuring landowners and developers who make a windfall from the development of Macaulay give back by helping build community services and infrastructure.
Developers and landowners will have to give the Victorian government more than $16,000 for every dwelling -- the interim contribution rates paid by developers and landowners are:
⦁ $16,127.58 per dwelling
⦁ $182.58 per square metre of new commercial floor area
⦁ $152.15 per square metre of new retail floor area.

The suburb will be home to 10,000 residents and 9,500 jobs by 2051. It will encourage a range of housing options, including more affordable dwellings for the community.

[Related reading: Victoria Releases Updated Apartment Design Guidelines]

New building controls will ensure high quality mid-rise developments between six and nine storeys, or rising to 12-storeys if public benefits such as community facilities or additional open space agreed by council are included. The controls provide certainty for the community and developers – and long-term flexibility.

The City of Melbourne has worked with the community to shape the vision and plan for the area and ensure that the amendment strikes the right balance between catering for population growth and protecting local character.

ResidentialRetailIndustrialAustraliaConstructionPlanningArchitecturePolicyLegalPlanningPolicy
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
Qld Budget 2025-26 Brisbane City
Exclusive

Billions Promised, Now Deliver: Industry’s Qld Budget Verdict

Vanessa Croll
6 Min
View All >
A rendering of the proposed retail, office and accommodation building along Gawler's main street. Source: John Byleveld Architects
Development

SA Developer Taps into Gawler Accommodation Demand

Leon Della Bosca
A rendering of the three-storey apartment project Arca by Red & Co at Stafford near Brisbane.
Residential

‘Confident’ Red & Co Starts Work on Stafford Apartments

Marisa Wikramanayake
Industrial

Cadence Nabs Logistics Portfolio for $170.5m

Taryn Paris
The deal for Stockland’s assets aligns its focus on industrial markets with embedded reversionary potential, the develop…
LATEST
A rendering of the proposed retail, office and accommodation building along Gawler's main street. Source: John Byleveld Architects
Development

SA Developer Taps into Gawler Accommodation Demand

Leon Della Bosca
3 Min
A rendering of the three-storey apartment project Arca by Red & Co at Stafford near Brisbane.
Residential

‘Confident’ Red & Co Starts Work on Stafford Apartments

Marisa Wikramanayake
2 Min
Industrial

Cadence Nabs Logistics Portfolio for $170.5m

Taryn Paris
3 Min
Charter Hall’s $925m Hyde Park skyscraper
Planning

Charter Hall $925m Sydney Skyscraper Wins City Backing

Vanessa Croll
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/vic-government-creates-new-suburb-cbd-edge