Proposed Development Model
Challenges to development
- The area now zoned as Low density R2 in the Scheduled Lands includes approximately 1,500 individual lots.
- There are over 300 different landowner 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 and do not comply to the lot configuration outlined in the new zoning.
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.
