Markets in a ‘sound’ state despite shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
The next phase of Victoria’s metropolitan planning scheme is up for comment, allowing investors to have their say on the future of the state’s capital.
The Metropolitan Planning Strategy saw a paper launched on Friday by planning minister, Matthew Guy, that seeks community consultation.
"In getting on with developing a new metropolitan planning strategy, which will guide the growth of Melbourne over the next forty years, there must be significant community consultation,” said Mr Guy.
"Melbourne has a history of integrated long-term strategic planning starting with the Hoddle Grid well over 150 years ago.
"It is time to build on this foundation and engage with the community about how to shape a strategy that is visible, tangible and meets short, medium and long-term goals.”
The discussion paper was developed by the expert Ministerial Advisory Committee and explores a number of issues including growing the centre of Melbourne as a 24-hour world city, delivering jobs to the outer suburbs, effective use of infrastructure and boundary considerations.
"An understanding of what role Melbourne will play in Victoria and how Melbourne's role will complement our regional centres will be critical," Mr Guy said.
This discussion paper has been timed to align with major reforms, such as the East-West Link and Melbourne Metro.
"Today's announcement is about developing a vision not only for land use planning but planning for employment, transport and infrastructure delivery," Mr Guy said.
The discussion paper is available for comment until 1 March 2013.