New priority growth area announced
Deputy Premier announces new Southern Redland Bay growth area infrastructure to senior Institute leaders.
Deputy Premier Dr Steven Miles, speaking to senior Institute leaders at a lunch today, announced a site in Southern Redland Bay had been chosen as a new priority growth area.
Aimed at unlocking 5,000 new lots the site will include a new town centre, up to 3000 homes, and 14 hectares of sporting fields across 262 hectares.
Overall, the Deputy Premier said the Queensland Government would co-invest with Institute members, Lendlease in a $30 million waste water treatment facility with $15 million in loan funding coming from the Building Acceleration Fund.
Institute CEO Kirsty Chessher-Brown said the Institute welcomed the work of the new Growth Areas Team announced by the Deputy Premier at the Institute’s SEQ Growth Forum in March this year.
“South East Queensland is in the grip of a region wide housing affordability and rental availability crisis. Further, it shows no sign of letting up on its own,” Kirsty said.
“This morning’s announcement and related discussion with Institute leaders are a very welcomed step in the right direction.”