Sydney-based developer Stockland could be one of the first developers to undertake projects in a new, yet-to-be-named suburb in Moreton Bay Region’s Caboolture West.
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Before Caboolture West was selected as a pilot site to meet the demand for residential development in southeast Queensland, Stockland had already submitted an application (DA/41766/2020/V23P) to transform a 175-ha parcel of land into residential urban areas.
If given the green light, Stockland will be allowed to roll out their plans, which includes 2,000 new homes in Caboolture West over the next three decades. It will also feature a Technical and Further Education (TAFE) centre, private hospital, three high schools, nine primary schools and rapid transit connection to Caboolture Central.
Minister for Planning Steven Miles said the Neighbourhood Development Plan 1 within Caboolture West, will be the first pilot site in a future growth program that will unlock growth, housing choice and affordability. Work will also identify the infrastructure necessary to support more affordable, livable communities.
“The department is already working with the Moreton Bay Regional Council, Unitywater, the Department of Transport and Main Roads and land-owners on the initial stage and ongoing development of this area,” Mr Miles said.
Mr Miles said the area was identified as a major expansion area within the South East Queensland Regional Plan, and as a pilot, has land challenges typically found in SEQ.
Member for Morayfield Mark Ryan said the Queensland Government has awarded $10.5 million in loan funding from the Building Acceleration Fund to deliver water supply and sewerage networks and a sewerage pumping station to support the pilot.
“The provision of water and sewerage will be instrumental in kickstarting the delivery of up to 3,000 new homes in Caboolture West Neighbourhood Development Plan 1,” he said.
“The site is expected to eventually provide approximately 30,000 homes for around 70,000 people,” Mr Ryan said.
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The new suburb is approximately 5 km west of Caboolture and Morayfield, bounded by the D’Aguilar Highway to the north, Caboolture River Road to the south and low hills to the west of Old North Road.
Over the next 40 years, the area is expected to become More ton Bay Region’s biggest emerging community containing a mixed-use city centre and a range of residential neighbourhoods. Plans include making it a tech-friendly city with plenty of green space, multiple retail hubs, schools and rapid bus service.
This is all part of the State Government’s economic recovery plan, to create more jobs and development in Queensland.
Featured Image Photo credit: www.moretonbay.qld.gov.au
