Property Council welcomes outcomes of Broadmeadow Precinct Review
The Property Council of Australia has welcomed the outcomes of the review conducted by The Cabinet Office regarding the governance, assurance, and decision-making processes for the Broadmeadow Precinct project in the Hunter region.
Property Council’s Hunter Regional Director Anita Hugo said the directive from NSW Premier Chris Minns to undertake this urgent review reflected a commitment to transparency and the recommendation to continue planning progress in this area is welcome news.
“Lifting the pause will ensure that important planning work can continue and it’s pleasing to see such a rapid response to this after having raised it with government recently,” Ms Hugo said.
“The Broadmeadow Precinct holds significant potential for regional growth, offering a substantial 300-hectare site for urban renewal in Newcastle.
“This endeavor is poised to provide invaluable housing and job opportunities over the next two decades, contributing to the continued development and vibrancy of the Hunter region.
“We appreciate the four recommendations put forth by the review to enhance ongoing transparency.
“These recommendations will contribute to the continued success and effective management of the Broadmeadow Precinct project and most importantly, the delivery of much needed housing and jobs.
“We look forward to continued engagement with government around the planning and implementation of this precinct.”
ENDS
Media Contact: Aidan Green – 0491030028