Plans
to renew Waterloo Estate and deliver a mix of new housing close to the Sydney CBD are a step closer, with the finalisation of the
rezoning of Waterloo south.
Minister
for Planning and Minister for Homes Anthony Roberts said the finalisation of
the planning proposal was a positive step forward for the long-awaited
redevelopment.
“The
planning control changes mean we can begin the next stage of the project and
support the delivery of new social and affordable housing, as well as private
homes and new public space,” Mr Roberts said.
“This
is about breathing new life into an old social housing estate to support the
needs of the growing number of people who call – or want to call – Waterloo
home.
“The
mixed tenure plan for Waterloo south will see 3,000 homes built, including at
least 847 social housing dwellings – almost 100 more than currently
accommodated on the site. Additionally, 227 of the new homes built will be for
affordable housing.”
Minister
for Families and Communities Natasha Maclaren-Jones said this significant
social and affordable housing injection in the area would see many vulnerable
people find a safe and stable place to call home.
“The
NSW Government is delivering on its commitment to help everyone in NSW have a
roof over their head and receive the wrap-around services they need to thrive,”
Mrs Maclaren-Jones said.
The
next project milestone will be the release of a draft voluntary planning
agreement (VPA) involving the Land and Housing Corporation (LAHC) as the
landowner and City of Sydney, which the community will be invited to have their
say on.
Mr
Roberts said the VPA follows an in-principle
agreement between the parties on contributions and infrastructure needed to
support the new homes, businesses and communities set to be created by the
renewal.
“Once
the agreement is finalised, the changes to zoning will be in place allowing for
new development applications to be submitted. But prior to any development
occurring, all applications will go through the normal rigorous assessment
process, including further community consultation,” he said.
LAHC
Chief Executive Simon Newport said the search for a renewal partner consortium
is progressing, with a shortlist to be finalised in coming weeks.
“We’re
excited to keep this project moving – a renewal partner will deliver new
buildings and infrastructure and collaborate with government to support
residents through change, to create a vibrant and mixed inner-city community,”
Mr Newport said.
For
more information visit: dpie.nsw.gov.au/land-and-housing-corporation/greater-sydney/waterloo
REDWatch Notes:
The media drop for this story went to the Sydney Morning Herald First stage of Waterloo public housing estate rezoned for $3b revamp
The Department has advised that the rezoning for Waterloo Estate (South) is now finalised and
will be published on the NSW Legislation website shortly.
The Waterloo South page of the DPE website will be updated and all the documents will be publicly available on
our planning portal for your reference.