IPART has published a Final Report on its review of the Developer Contributions Plan proposed by Blacktown City Council for the Marsden Park and Marsden Park Industrial Precincts.
IPART Chief Executive Officer Andrew Nicholls said developer contributions are essential to help fund services and amenities, like roads, parks and stormwater drainage to support residential and commercial development.
“Marsden Park Precinct is mostly residential, with new roads, stormwater infrastructure, open space and land for community services being funded through the plan. Marsden Park Industrial Precinct is mostly for industrial use, bulky goods retail and business parks, with roads and stormwater management in this precinct included in the plan,” Mr Nicholls said.
“Our analysis of the revised Marsden Park contributions plan has found that the infrastructure in the plan is required, that costs are reasonable, and that community consultation has been undertaken.”
“The Minister (or Minister’s nominee) will consider our recommendations and then advise the council on whether any changes are needed before it can adopt this revision of the contributions plan.”
IPART has made two recommendations, to adopt Australian Bureau of Statistics Producer Price Indexes for the indexation of works costs in the plan moving forward and to correct several small errors to land acquisition costs the council identified in its works schedule following exhibition of the plan.
Marsden Park and Marsden Park Industrial Precincts cover around 2,352 hectares of net developable area, and the plan will provide essential infrastructure for an additional population of about 33,742 residents in approximately 11,536 additional dwellings. The commercial development in the precincts is expected to support 10,000 new jobs.
The Final Report is available on IPART’s website.
Media Contact: Mark O’Brien, 0427 105 865, media@ipart.nsw.gov.au.