Billion-dollar Growth Slated For City’s North-west

Lake Macquarie City Council

Aerial photo showing the Council-owned land near Cockle Creek station in the foreground, and NSW Government-owned land behind.jpg

Lake Macquarie City Council is poised to consider a blueprint for growth supporting thousands of new residents and workers and generating billions of dollars of investment across the city’s north-west.

The draft North West Lake Macquarie Catalyst Area Place Strategy, due to be tabled at next week’s Council meeting for public exhibition, outlines planned growth over the next 20 years across Teralba, Speers Point, Boolaroo, Cockle Creek, Argenton, Glendale and Cardiff.

Council’s Manager Integrated Planning Wes Hain said that with the right infrastructure in place, the area could grow to support more than 13,000 new residents, 5200 new homes and 3000 more jobs.

Those jobs are expected to create an extra $6.3 billion of annual economic output for the region.

“The draft place strategy shows how and where this growth could occur, while maintaining and enhancing the area’s heritage, character, public spaces and natural environment,” Mr Hain said.

The strategy is divided into eight precincts, each with its own unique character, identity and opportunities.

One of the most significant opportunities the draft strategy earmarks is in the Cockle Creek precinct.

The draft strategy suggests this area, to be known as Lake Mac Central, could become a “regionally significant urban landmark, highlighting the city’s leading role in the economic diversification of the region and NSW”.

Lake Mac Central spreads across Council-owned land between Cockle Creek train station and the Bunnings roundabout, a much larger parcel of NSW Government land south-east of the roundabout at Boolaroo and other land around the former Pasminco industrial site.

The Council-owned land would play an important role associated with a future transport interchange around Cockle Creek train station, while the NSW Government land would support new commercial and high-density high-rise housing of eight-plus storeys with high amenity public spaces.

Lake Macquarie Mayor Kay Fraser said the Boolaroo land was ripe for development.

“Geographically, it’s right in the centre of the Lower Hunter Region, it’s well-connected by road and rail, and the draft strategy outlines plans for enhanced bus connections in line with forecast growth,” she said.

Much of the growth is contingent on NSW Government investment in infrastructure, including upgrades to key roads, intersections and active transport connections.

It would also rely on rezoning of NSW Government land.

“Achieving the areas potential can only be achieved if we work effectively and efficiently with all levels of government and other key stakeholders,” Cr Fraser said.

“Australia’s housing crisis and its rapidly growing population have been well documented in recent times. Future development like this helps address that, without the need for massive urban sprawl and greenfield development.”

“A blueprint like this also provides some certainty for investors and developers, showing them our vision for the area.”

Council will consider placing the draft strategy on public exhibition for 28 days at its Ordinary Council meeting on 24 June.

Growing up – North West Catalyst Area growth predictions

Precinct

Now

2041 forecast

Boolaroo-Speers Point Precinct

4810 people

2129 homes

7182 people

3136 homes

Cardiff Mixed-Use Precinct

4920 people

2047 homes

7258 people

3074 homes

Lake Mac Central (Cockle Creek) Precinct

272 people

109 homes

2550 people

894 homes

Glendale-Argenton Renewal Precinct

5576 people

2428 homes

9903 people

4307 homes

Glendale Retail and Sport Precinct

0 people

0 homes

299 people

207 homes

Teralba Precinct

1485 people

587 homes

2881 people

1148 homes

Total

17,063 people

7300 homes

30,073 people

12,766 homes

/Public Release. View in full here.