Increase in demand... So far this year we have seen the property industry grow in renewed confidence across a number of sectors. This confidence has seen an increase in demand for our advisory services, with a key focus on managing and capitalising on the next cycle. Our consulting teams are currently working on a variety of project briefs including; analysis on key shifts in the service sector; impacts of the resource and energy sector as it shifts from construction to production; and understanding the new market opportunities from the growing health and ageing sector. Our advisory teams have been engaged in a range of projects including strategic planning for local government through to detailed economic forecasting for integrated mixed use precincts.
Celebrating our successes...
In 2013, the Queensland State Department of State Development, Infrastructure and Planning invited proposals for the Broadwater Marine Project. MacroPlan was engaged to assist in preparation of a detailed proposal for ASF Consortium Pty Ltd. The Queensland Deputy Premier announced ASF Consortium as submitting a design that demonstrated a cruise ship terminal for the Broadwater Marine Project was technically possible. The Queensland Government is now dealing exclusively with ASF Consortium for the Broadwater Marine Project to satisfy the required conditions. MacroPlan delivered market research for project components, designed to provide a basis for financial modelling and Economic Impact Statement as well as detailed financial modelling using both Estate Master and excel to provide an integrated structure for project evaluation. There is still considerable work ahead, including a public consultation process with the Gold Coast City Council. This consultation process has now been initiated in conjunction with the Gold Coast City Council and ASF is currently conducting preliminary environmental studies, technical investigations and preparing for the community consultation on the Broadwater Marine Project. Click here to find out more about MacroPlan Dimasi's involvement with this project.
In February, the NSW Department of Planning and Infrastructure launched the Far North Coast Regional Strategy incorporating MacroPlan's Residential Submarket Analysis report. This report demonstrates that the region will continue to be a sought after location for people to live and work, and that a range of housing options will be needed in the future to meet changing and growing demand. Our latest analysis also shows the challenges regional councils will face from a rapidly ageing population. MacroPlan's insights will assist the department in planning for the region’s future communities. More homes will be needed because of the region’s growing population and fewer people living in each home. People increasingly want to live near the coast, resulting in the need to plan for a range of different housing types in these locations. Better roads and transport is required so that people can more easily commute to other areas for work, such as south-east Queensland. To find out more, click here.
Our Victorian clients have had a boost in confidence off the back of the Victoria's Minister for Planning Hon. Matthew Guy's announcement of a 50,000 lot land supply target for Melbourne in 2014. The 50,000 lot land supply target will be delivered by the Metropolitan Planning Authority, and applies to land in Melbourne's western, northern and south-eastern growth corridors. All of the lots will be within Melbourne's urban growth boundary, and no changes to the boundary are being proposed. Development Contributions Plans will apply to each structure plan, which will provide for extensive open space, community facilities and local infrastructure. Over 500 hectares of employment land will also be included within the structure plans. Call David Brown, MacroPlan's General Manager Victoria, for a briefing on strategic opportunities in this space.
Out and about...
MacroPlan are actively engaged with a number of Industry Groups including; The Urban Development Institute of Australia (UDIA), Planning Institute of Australia (PIA), Property Council of Australia (PCA) and the Australia China Business Council (ACBC). We value our relationships with these groups and credit the work they do in championing the interests of their key sector.
On 17 March, I represented MacroPlan's interests at the ACBC Canberra Networking Day with The Hon. Tony Abbott MP, Prime Minister of Australia, The Hon. Andrew Robb AO MP, Minister for Trade and senior cabinet ministers. The focus of this conference was to discuss new opportunities and challenges for Australia’s trade and investment relationship with China. This conference was a precursor for the largest trade delegation in Australian history to key Asian countries. Australia China Business Council (ACBC), is the premier business organisation dedicated to promoting business and trade between Australia and the People’s Republic of China. With China’s continued strong economic growth, there are many significant opportunities for Australian and Chinese business to create lasting and highly valuable commercial partnerships.
On 20 March, I attended the exclusive welcome dinner for the new Western Australian Treasurer Hon. Dr Mike Nahan. Hon. Dr Mike Nahan has proven himself as an excellent member of Cabinet and I believe he will be an outstanding Treasurer. It is also worth noting that in early March, Planning Minister Hon. John Day welcomed Gail McGowan to the position of Director General at the Department of Planning. MacroPlan's Perth office looks forward to continuing its strong relationship with the WA government.
Our busy quarter was capped off with the MacroPlan Planning Institute of Australia, National Congress Gala Dinner held in Sydney. Congratulations to all of the award recipients! A great night had by all. On behalf of the MacroPlan team, I would like to congratulate Mr Greg Chemello, Deputy Director-General Queensland and the project team (DSDIP, Regional Services Group and Planning and Property Group) on being awarded the winner of the MacroPlan Dimasi's Improving Planning Processes and Practices National Award!
Over the course of the next few months we will be updating our national administrative database. Some of you may have already heard from our marketing team who are managing this project. Thank you to those who have already provided your details and for those who wish to jump on the front foot, feel free to update your details here. Your time and patience throughout this process is greatly appreciated.
Q4 is shaping up to be a very busy quarter and I like most are looking forward to short break over the Easter period.