Lake Macquarie Council set to consider billion-dollar growth for north-west towns

Lake Macquarie is set to see billion-dollar growth and council is set to consider 20-year development plans for north-west Lake Macquarie.

The region could see more than 3,000 jobs and 5,200 new homes created through the infrastructure plans, as well as an additional annual saving of $6.3 billion.

The draft plans identify Cockle Creek as a key area for growth in the town, with government land earmarked to support new commercial and high-density buildings of more than eight storeys.

The plans also name Teralba, Speers Point, Boolaroo, Glendale, Cardiff and Argenton.

Boolaroo land is ripe for development, according to Lake Macquarie Mayor Kay Fraser.

“Geographically it is right in the center of the Lower Hunter region, it is well connected by road and rail, and the draft strategy outlines plans to improve bus links in line with anticipated growth,” he said. she declared.

“Realizing the potential of these regions can only be achieved if we work effectively and efficiently with all levels of government and other key stakeholders,” Councilor Fraser said.

“Australia’s housing crisis and rapid population growth have been well documented in recent times. Future development like this helps solve this problem, without the need for massive urban sprawl or new development.

“A project like this also provides certainty to investors and developers, showing them our vision for the region. »

Council will consider placing the plans on public display for 28 days at tonight’s regular council meeting.