Victorian Budget Funds Priority Precincts

The Victorian Budget has invested $25 million to develop a number of Priority Precincts through the Department of Jobs, Precincts and Regions, says the Urban Taskforce.


“The Victorian Government is boldly establishing Priority Precincts where jobs and homes will be planned around transport nodes.” says Urban Taskforce CEO Chris Johnson. “In New South Wales the term ‘Priority Precinct’ was dropped over a year ago as it implied that a change of character would occur in areas around transport nodes and the new name of ‘Planned Precinct’ emerged, but even this was deemed to be too assertive in the build up to the March state election. There is now some confusion in the industry about the status of the previous Priority Precincts across Sydney.”


“The Victorian approach relating to precincts at Fisherman’s Bend, Arden, Parkville and the Richmond to Dockland corridor is to ensure liveability, jobs and educational developments are delivered. The Victorian Government even has a Minister for Priority Precincts in Gavin Jennings. The establishment of the Priority Precincts portfolio is to ensure that the most important urban renewal precincts are properly planned to ensure quality outcomes.””


“At Arden a new station is being constructed so the new Priority Precinct will have 15,000 residents and over 34,000 jobs with a focus on technology, health and education.”


“At Parkville a Biomedical precinct is evolving with the Victorian Government aiming to attracting private-sector investment for the precinct.”


“At Fisherman’s Bend there will be a mixed use precinct of 80,000 residents along with 80,000 jobs as well as new schools and parklands.”


“The Urban Taskforce believes that the NSW Government needs to give a stronger focus to the previous Priority Precincts with clear outcomes with absolute deadlines. Many precincts like St Leonards seem to be caught up in an overlap of leadership between government and councils. The Victorian example demonstrates the value of a stronger lead role from the state government with a Minister responsible for outcomes in the Priority Precincts.”


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