As the year draws to a close, we’ve been busy planning for a big 2017 . . . Our first piece of exciting news for the New Year is a series of national workshops we’ll be hosting to provide our clients with a detailed insight into the key property sector opportunities identified in the three major regional plans including; residential, ageing, retail, employment and tourism. These workshops will draw on the views of MacroPlan's senior leadership group across economics, research, advisory and planning.
We’ve seen significant thought and initiatives being introduced for South East Queensland (SEQ), Greater Sydney and Melbourne. For those of us in the industry, it’s great to see this move to establish long term-priorities to secure the future amenity and planned growth of large-scale urban areas.
Workshops will be held in Brisbane, Sydney and Melbourne, and will kick off in late January 2017. Watch this space for the announcement of dates and venues, or be in touch and we’ll make sure you are the first to know.
Sydney’s ambitious 40-year vision incorporates individual 20-year plans for six distinct districts, including a satellite city in Western Sydney around the yet-to-be-built Badgerys Creek airport.
Lucy Turnbull, Chief Commissioner on the Greater Sydney Commission, says the airport will revolutionise the way people in the far west will live and work. The new city will be based around the existing areas of Camden, Campbelltown, Liverpool and Penrith, which she describes as ‘our string of pearls’.
The Greater Sydney Plan proposes that people should be able to work within 30 minutes of where they live, with an affordable rental housing target of 5-10 per cent for low income households in all new developments.
The SEQ Plan makes a number of specific recommendations around employment centres which will have significant implications for commercial property.
One of the emerging concerns for planners and developers is the driverless vehicle, with unknown ramifications for everything from infrastructure requirements and employment mobility, to spatial configuration of housing and retail developments.
Our Executive Chairman, Brian Haratsis, is one of the forward thinkers who has been enthusiastically grappling with the potential of this emerging technology, and shared his insights in a webinar just yesterday. Organised by the Australian Driverless Vehicle Initiative (ADVI), the webinar covered the economic impacts of automated vehicles on jobs and investment. If you missed the session but are keen to learn more, a recording of it can be found here.
And, finally, a little house-keeping. We’ll be closing our offices for a short Christmas break from December 23 until January 9. Of course, we’d be delighted to hear from you before we head off to celebrate and recharge our batteries for an even better 2017.
To discuss any of the items mentioned above, please contact my office on 02 9221 5211 or send an email to firstname.lastname@example.org.