GENERAL NEWS
THE City of Sydney is backing in build-to-rent to help solve the housing crisis, offering developers up to 75% more floor space for developments as part of its endorsement of...
Endorsement of the amendments to the Sydney Local Environment Plan 2012 will now see the draft changes presented to the NSW Department of Planning and Environment for...
“The proposed changes to our local planning controls balance the need for additional housing and the workplaces of the future while protecting and enhancing the City’s character...
Changes include new incentives for build-to-rent housing in the CBD, embedded Net Zero building controls, the promotion of increased tree canopy and green roofs and...
Developers would be given between 20% and 75% more floor space for build-to-rent development for both conversions and new builds, depending on the site location...
“We’ve seen build-to-rent work well overseas to help address the housing crisis, with these types of developments providing stable and secure accommodation for renters,”...
The announcement follows the topping out of CBD’s purpose-built build-to-rent tower, perched directly above the new Sydney Metro Gadigal station...
Incentives for co-living, controls for more bedrooms
The City made its proposed changes after reviewing the drop in demand for non-premium office space in Sydney following the pandemic. Vacancy rates are at...
Developers will also be able to access 20% more floor space for co-living accommodation to encourage co-living developments to stimulate an increase in student and...
“By offering these additional floor space incentives we hope landowners and developers will create more co-living accommodation in areas like Haymarket area...
The proposed changes also focus on creating more family-friendly accommodation, looking to reduce the number of two-bedroom apartments permitted in a...
The proposed changes would see a minimum of 20% of dwellings in new residential developments made up of three-bedroom-plus apartments to help provide more...
The NSW government last week announced that unleash a major rezoning around Sydney transport hubs and more than 30 other locations across the state in...
The National Housing Accord aims to deliver 1.2 million “well-located” new homes over five years nationally, with NSW’s share coming in at about 75,000 homes per year...