The updated development application was made possible and approved under the Minns Labor Government’s new Infill Affordable Housing pathway.
This will provide much needed housing for young people and families at a time where Sydney is at risk of becoming a city without a future due to the lack of affordable housing.
The Rozelle site has been derelict for more than 15 years. It will now be rejuvenated with a 2-16 storey mixed use development which in addition to new homes will boast a registered club, new supermarket, community facility and public plaza.
The $285 million project will bring vibrancy to the local area and create 416 construction jobs and 452 operational jobs.
The Infill Affordable Housing planning pathway is a key part of the NSW Government’s new housing reforms and offers height and floor space bonuses of up to 30 per cent for residential developments when at least 10-15 per cent of their total gross floor area is offered as affordable housing.
This is a reform aimed at delivering more affordable housing where it is needed.
To date, under the In-fill Affordable Housing pathway, 10 development applications (DAs) have been approved with a further 38 under consideration.
When accounting for DAs lodged, up to 9,120 private dwellings could be constructed with 2695, affordable homes included.
This is part of the Minns Labor Government’s plan to build a better NSW with a greater choice of homes, so young people, families and workers have somewhere to live in the communities they choose.
For more information visit In-fill affordable housing | Planning
Minister for Planning and Public Spaces Paul Scully said:
“This is a win for young people and families who need housing, local jobs and the effectiveness of the Minns Labor Government’s Infill Affordable Housing Pathway.
“Our governments floor space bonuses mean the site which previously provided no affordable housing will now deliver 200-plus new apartments, including almost 60 much-needed affordable homes.
“The old Balmain Leagues Club site on Victoria Road has been an eyesore for too many years, but will now be transformed into a thriving residential area with a supermarket, registered club, and public plaza.
“This is a resolution to the site that is long overdue.
“The Infill Affordable Housing Bonus is a clear example of how smart planning incentives can drive real results, delivering affordable housing in well-located areas to meet the needs of households on low to moderate incomes.”
Minister for Housing Rose Jackson said:
"After 15 years of delay and decay, this vacant property is finally being transformed into something the community can be proud of — with affordable housing at its heart."
"Fifty-nine affordable homes in a prime inner-city location is a big win — and just the start of what this new planning pathway will unlock across NSW."
"This site has sat empty for far too long. We’re bringing it back to life — with homes, jobs, and services locals actually need."
"Housing is a human right. This project — delivered through the Infill Affordable Housing pathway and backed by our Building Homes for NSW program — is proof we’re serious about turning that principle into reality."