FOLLOWING more than two years of community consultation through the 'Plan Cave Hill' process, the proposed master plan to guide the future redevelopment of the former Lilydale Quarry site has been submitted to Yarra Ranges Council for review.
Building on a draft master plan presented to the local community in November 2013, the 15 to 20 year development program for the former limestone quarry site envisages the creation of up to 2500 new residences, neighbourhood shops and community facilities.
Sibelco Australia's CEO, Tom Cutbush welcomed the submission of the proposed master plan and planning scheme amendment request as a key milestone in the site's future redevelopment.
"Sibelco is excited to see the site take a step closer to a positive legacy for the Lilydale community including celebration of the site's long history and its close connection with the growth and prosperity of Lilydale and the broader Yarra Ranges region" he said.
At the centre of this new community, a 25 hectare regional park is proposed featuring public open space for sport and passive recreation, as well as a network of pedestrian and cycle paths to link the site to surrounding neighbourhoods and recreational facilities including the Lillydale Lake reserve and Warburton trail.
To further progress the site's redevelopment, Sibelco has also launched a public tender sale campaign to attract a purchaser to develop the site and realise the vision set out in the plan.
"Sibelco Australia recognises that we are not experienced property developers, and therefore today we are launching a public tender sales campaign to attract a property developer with the skills and resources necessary to turn this exciting vision into a reality," Mr Cutbush said.
Having achieved this significant milestone with the support of Places Victoria and the Victorian Government, Sibelco is now progressing the future of the site independently.
Places Victoria's General Manager of Land Development and Housing Joanne Wandel said Places Victoria's role in the project had been to assist Sibelco to unlock the land's development potential by working with the local community, Council and key stakeholders to prepare a master plan for the site's redevelopment and to assist Sibelco to navigate the planning approval process.
"Places Victoria has helped to create the framework for the site's redevelopment and to provide future opportunities for private sector investment," she said.
"A key element of this work has been community involvement to ensure that the development makes a lasting contribution towards the region's continued growth. We anticipate that future developers will continue to work with the community in the same spirit as the Plan Cave Hill process," she said.
Following council's initial review, it is proposed that the community will have an opportunity to review and comment further on the final proposed master plan as part of a formal public exhibition process later this year.