Developers will be required to contribute to infrastructure upgrades and community facilities under a new plan to help provide for the needs of our growing city.
At its meeting on 30 April 2019, Yarra Council voted to introduce a Development Contributions Plan to the Yarra Planning Scheme (to be implemented through Amendment C238).
Under the plan, developers will pay a contribution towards essential city infrastructure like roads and footpaths, as well as community facilities (for example, a new community centre).
Each contribution will be spent within the area that the new development is built, to ensure that existing and future local residents benefit.
The plan will apply to all new residential dwellings (not renovation of existing residences) as well as retail, commercial and industrial developments where new additional floor space is being added.
We have identified an extensive list of infrastructure projects that would be eligible to be funded under the program
As our population grows, so does the demand on our city’s infrastructure. This plan aims to ensure that developers make a fair contribution to our community.
Amendment C238 implementing the Development Contributions Plan will now be submitted to the Minister for Planning for approval. The plan will be incorporated into Yarra’s planning scheme once approved by the Minister.