Sunshine gets set for $1billion investment
A green light for urban renewal in the Sunshine Town Centre could generate over $1billion in investment.
Brimbank Council Chair of Administrators John Watson has hailed the Minister for Planning’s approval of planning scheme amendment C105 as a green light for urban renewal in the Sunshine Town Centre that can generate over $1billion in investment.
Mr Watson said the amendment will unlock Sunshine’s development potential by rezoning redundant industrial land and help it become an important regional centre in Melbourne’s West, as well as a vibrant hub for the community.
“Sunshine is rising, moving beyond its industrial past and re-emerging as one of Melbourne’s great centres.The amendment enables Sunshine to make the most of investments such as the new Sunshine Railway Station and recent grade separations.
“Sunshine has the land, the transport linkages and established infrastructure to provide increased employment, education, health, retail and commercial services to Melbourne’s western subregion."
Amendment C105 has the potential to:
- Generate in excess of $1billion in investment in the Sunshine Town Centre over the longer term
- Facilitate the creation of hundreds, possibly thousands of jobs and homes in the heart of Melbourne’s west.
- Unlock 19 hectares, an area comparable to five city blocks in Melbourne’s CBD, by rezoning for mixed use development and enable residential development across a further nine hectares of commercial land, predominantly in areas that can accommodate nine storeys
- Reinforce Sunshine Town Centre as a designated Metropolitan Activity Centre and part of the Sunshine Emerging National Employment Cluster under Plan Melbourne.
The amendment was developed in consultation with the local community and delivers on the land use directions provided in the Sunshine Town Centre Structure Plan.
The amendment introduces an Activity Centre Zone (ACZ) over most of the Sunshine Town Centre including land previously zoned industrial or commercial zone 2.
This important change essentially unlocks the Sunshine’s development potential particularly industrial land that could not previously be developed for mixed uses incorporating residential development.
The amendment enables residential development on land previously designated for commercial use.
New development plan and urban design requirements will make sure the new development is of high quality. A development contributions plan ensures that contributions are made back into social and physical infrastructure for the benefit of Sunshine residents.
“This is a very exciting time for Sunshine. The construction of Council’s Brimbank Community and Civic Centre in the heart of Sunshine will also be a catalyst for future investment in the Centre, reinforcing its location for regional offices,” Mr Watson said.
More information about Amendment C105 is available on Council’s website including additional planning controls.