NEARLY $1 billion in investment is set to be generated over the next 20 years under a new housing and neighbourhood revitalisation plan unveiled by the Queensland Government last week.
The Better Neighbourhoods Logan initiative, a partnership between the Department of Housing and Public Works and Economic Development Queensland, will deliver a range of economic and social benefits including 410 new social and affordable dwellings over the next 5 years and over 3,000 new homes by 2036.
Minister for Housing and Public Works Mick de Brenni described Better Neighbourhoods Logan as a real-world example of how the State Government's vision of building safe, caring and economically sound communities can be realised.
"This is landmark investment in Logan that will cement its position as one of south east Queensland's most vibrant and livable cities," Mr de Brenni said.
"Logan is my home and it is a diverse and dynamic place to live. It's also one of the fastest growing cities in the country with the population expected to pass 500,000 by 2036 – we need to act now to build neighbourhoods for the future.
"The approach is based on the Advancing our Cities and Regions strategy, which provides an ideal platform to look at surplus and underutilised government land in Logan and repurpose it to benefit the community.
"This Government is leading by example to drive the change, the jobs and investment that will make Logan an even better place to live. We will partner with industry and services to make this a reality.
"This investment is anticipated to support approximately 2,400 full-time jobs in the community for tradies and contractors over twenty years," he said.
Minister de Brenni said that getting the housing mix right was important and the government was working with the Logan City Council to promote investment in housing diversity and mixed-use communities.
"Better Neighbourhoods allows us to address the changing needs of the community, through Government investment but to also draw on public-private partnerships and developer-led projects to deliver private accommodation and mixed use developments.
"The growing population of Logan will require a mix of options including low-cost and affordable homes as well as houses for first-home buyers and professionals with young families.
"Over the next month we will consult with key stakeholders through a market sounding initiative and also work closely with the Council and community groups, developers and investors to identify the first tranche of partnerships to enable construction to commence as soon as possible," he said.
Mr de Brenni added that Better Neighbourhoods was about more than just housing solutions, it was also focused on creating inclusive communities with better streetscapes, greater economic activity and a strong sense of community and place.