Broadmeadow: Time to Back Vision with Delivery
The Property Council of Australia today backed the momentum underway to shape the future of Broadmeadow, calling for the next step to realise the precinct's vision - finalising the Stage 1 rezoning, committing critical funding, and appointing a dedicated agency to coordinate delivery.
Property Council Hunter and Central Coast Regional Director Nuatali Nelmes said the 313-hectare precinct in the heart of Newcastle has the potential to deliver 20,000 homes and 15,000 jobs over the next 30 years.
"The Department of Planning and Newcastle City Council have done the hard yards over the last few years - the place strategy is in place, and community feedback has been heard loud and clear.
"Now we need to see the rubber hit the road - industry is standing by to help turn this vision into reality, starting with rezoning, infrastructure investment, and the appointment of a single delivery agency to lead the charge."
Ms Nelmes said the stage 1 rezoning was a chance to create 3,200 well-located homes close to transport, jobs and services.
"Rezoning land for housing is the first step - it's time to back in this ambitious vision with support from all levels of government and the private sector.
"Appointing the Hunter and Central Coast Development Corporation (HCCDC) as a delivery lead would give the region confidence that housing, transport, jobs and community spaces will move forward together, making sure land use, infrastructure and investment decisions work together.
"Industry wants to invest in Newcastle - let's seize the chance to show that Broadmeadow is open for business, growth and inclusive development."
Ms Nelmes said a whole-of-government approach was essential to coordinate planning, investment, and delivery across the precinct.
"The NSW Government is serious about delivering on our housing targets - so securing funding now for early infrastructure delivery will send a clear signal that Broadmeadow is open for growth, investment, innovation, and inclusive community development," Ms Nelmes said.
"This isn't just about homes. It's about creating a vibrant mixed-use precinct that supports jobs, services and inclusive community development for generations to come.
"Broadmeadow is also expected to serve as a key hub for the high-speed rail network, further strengthening its role as a gateway to the Hunter and a catalyst for regional growth and investment," she said.
The Property Council will host 'Broadmeadow's Moment: Unlocking Regional Growth Through Precinct Renewal' event at NEX in Newcastle West on 22 August.
