Proposed Development Model
What is being proposed?
- Landcom is presenting to landowners an innovative solution for the development of the Vineyard-Riverstone Scheduled Lands.
- The solution has been developed in response to the views of landowners.
- The model will allow landowners to stay in control of their land.
- Once developed, the model and the planning process will allow for the development of a quality, sustainable community.
Who is Landcom?
- Landcom is a Government agency that is highly experienced in developing land in Western Sydney.
- Landcom has been asked by the Minister for Planning to help find a way for the Vineyard-Riverstone Scheduled Lands to be developed.
- Landcom does not own any land in the Vineyard-Riverstone Scheduled Lands area.
- Landcom is working with Vineyard Riverstone Marsden Park Developments Incorporated to try to identify a development model for the Vineyard-Riverstone Scheduled Lands.
Challenges to development
- The scheduled lands include approximately 3,600 individual lots.
- There are over 500 different landowner group names on the titles of the lots.
- Existing services are very limited – new roads, water, sewer and power are needed if the area is to be developed to contemporary urban standards.
- Most lots are too narrow to accommodate typical homes being built in the North-West at present.
The proposed development model
- The model has been developed by Landcom in consultation with the VRMPD Riverstone Sub-Committee.
- At this stage the model is conceptual only and is subject to Landcom Board and Government approval.
- Subject to the rezoning of the land, the model would offer one way for landowners to develop their land.
- The model allows landowners to pay for their share of the development costs with part of their land as an alternative to an upfront payment.
- Development is unlikely to occur unless a large number of landowners participate.
- An example of how the concept could work is shown below.
How the development model works
- The existing roads are kept where possible.
- A new road is built to give access to the new lots.
- The lots are reorganised to a shape that is more attractive to sell.
- All new services are installed for the owner by Landcom.
An Example – For a Five Lots Landholding
- The landowner retains part of their land that can be subdivided into three new lots shown in yellow.
- The landowner trades the land shown in blue to Landcom as payment for
the works that are done. - The land in blue will be used to help the landowners re-organise the lot shapes into more saleable blocks and to help fund development.
- The land in orange will be dedicated as new road.
How does the Model work for different size landholdings?
Landcom recognises that there are a range of different landholdings in the Scheduled lands. We have been working to see how the model could apply the model to a range of land ownership types. Following the draft rezoning exhibition, Landcom will meet with landowners to discuss how the Model could work for their specific circumstance.
The examples below show how the Model may apply to 2 and 10 lot holdings.
