Property Council Hunter and Central Coast Regional Director Nuatali Nelmes said the 'Delivering Broadmeadow' session at the Summit highlighted the scale of the opportunity.
"The message is clear: Broadmeadow can deliver thousands of homes and jobs. It's one of Australia's most significant urban renewal opportunities and we want to work with government to build momentum and move from vision to delivery," Ms Nelmes said.
In its submission to the NSW Budget, the Property Council calls for finalisation of the Broadmeadow Place Strategy and rezoning, alongside funding for enabling infrastructure, land preparation and early works to unlock housing and employment outcomes.
"We need a dedicated delivery pathway - co-ordination between government agencies with a mandate for delivery will be crucial to keep Broadmeadow on track," Ms Nelmes said.
"This isn't just a Newcastle issue. Broadmeadow's success will show how regional precincts can lead the way on inclusive growth and housing reform."
The Housing Summit focus on Broadmeadow showed the potential for a mixed-use, liveable centre with strong transport connections, diverse housing types, and active public spaces.
"The land is well-located, the vision is there, and the community is engaged. Now it comes down to how industry and government can work together to bring leadership and investment," Ms Nelmes said.
City of Newcastle's Executive Director of Planning & Environment Michelle Bisson said the Broadmeadow Precinct project demonstrated how regional areas can deliver well-located, diverse communities that significantly contribute to the housing crisis while also stimulating economic growth.
"This project redefines how local government can partner with State Government agencies, industry, community and Traditional Custodians to set a bold shared vision that not only meets housing targets but reimagines the future of our city," Ms Bisson said.
"Developing Broadmeadow is a value-for-money solution that comes at half the cost of other key residential developments on the NSW Government's radar.
"However, it requires a collaborative approach between government agencies and delivery partners to fund and deliver the community infrastructure needed to support the future development.
"Newcastle is ready to be part of the housing solution. We have the vision, the capacity, and the community support to deliver housing our state urgently needs. Broadmeadow shows that regional centres can be part of the solution."
The Property Council's focus on Broadmeadow in its submission ahead of the State Budget includes calls for:
- Finalisation of the Broadmeadow Place Strategy and rezoning plan
- A dedicated delivery agency or lead
- Funding for land preparation and early-stage infrastructure
- Business case development to guide staged rollout.
"Broadmeadow is a test case for how NSW delivers housing precincts in growing regions. If we get this right, we can set a blueprint for what's possible across the state," Ms Nelmes said.
