THE NSW Government last week announced that it has placed plans to accelerate the release of land in Catherine Field on exhibition and has called for public comment.
The draft planning agreement, to release 300 hectares of land, would allow for a possible 3,000 lot subdivision and associated infrastructure in the South West Growth Centre. The agreement has been developed with the proposed developer, Valad Property Group, under the precinct acceleration protocol, which allows for the release of precincts to be brought forward if infrastructure is provided at no cost to government.
The agreement outlines how the precinct planning process will be undertaken, with Valad Property Group to fund the work.
"The precinct planning process will be undertaken by the Department of Planning with due regard to the probity principles of impartiality, accountability and transparency," Planning Minister Tony Kelly said.
"A future agreement is expected to outline how the developer will deliver essential infrastructure to support the Catherine Field precinct, including regional transport infrastructure and services infrastructure, in connection with the proposed future rezoning of the precinct."
Mr Kelly said the exact nature of the development will be determined at a later stage.
The government will also soon make its 4th call for proposals to accelerate the release of other precincts in the North West and South West Growth Centres under the protocol.
"This will give major landowners who are currently not next in line for release, a chance to bring forward their land for consideration," he said.