Home » News » Woolworths accused of exploiting affordable housing schemes to push new developments

Woolworths accused of exploiting affordable housing schemes to push new developments

by Emma Walker – News Editor

Woolworths Faces Criticism Over Affordable housing Component in North Sydney Development ⁣Plan

NORTH SYDNEY ⁣- Woolworths is facing scrutiny over its proposed development on Sydney’s North⁣ Shore, with concerns raised that ​the supermarket giant ‍is leveraging an ⁢affordable housing component to gain‍ approval for a significantly larger building. The ⁤company has applied​ to the Department ​of Planning ‌for a ⁣rezoning review that would allow it to ⁣increase the building’s height from 31⁣ metres to 44 metres‌ and expand ‍the​ maximum floor space.

The⁤ development’s⁤ inclusion of affordable housing is a key​ consideration in its request for State Critically important ⁢Development (SSD) status, which would bypass local council approval and allow Woolworths to seek planning permission directly from the state goverment. ⁢SSD designation‌ is granted,in part,based on criteria including ‍affordable housing provisions.

North Sydney ⁣Mayor Zoë Baker is⁣ advocating for any affordable housing units ⁢included in the project to be offered⁤ “in perpetuity,” meaning permanently, to match the ⁤lifespan of the increased building height and density. “The ⁢increased height and density will remain for the life⁣ of the building and the affordable housing component ​ought to, too,” she said.

NSW Planning Minister Paul Scully stated​ the state government supports affordable housing in ⁣new developments, “whether its ‌for 15 years⁤ or ⁤in perpetuity,” adding that ⁢a 15-year provision would “help NSW to have a rolling ⁤supply of affordable housing stock.”

Woolworths’ development ⁣application seeks to increase​ both the height and floor space of ⁤the proposed building, potentially setting a ​precedent⁤ for future developments utilizing affordable housing as a pathway to increased density. The Department of‌ planning will now review ‌the application ‌and consider the rezoning request.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.