The new State Government’s powerful entity “DevelopmentWA” is set to deliver over $3.8 billion in new projects next year alone and create nearly 20,000 new operational and construction jobs over the next 3 to 10 years.
WA’s new design and development agency is the product of joined forces between LandCorp and the Metropolitan Redevelopment Authority resulting in one streamlined vehicle providing greater transparency between the government and private sector. DevelopmentWA initiatives will have a strong focus on urban infill, creating connected communities, delivering Metronet as well as livening up the State’s economic and social future.
“DevelopmentWA is set to transform the way we design and develop land developments in our State. This fully integrated planning and development agency will have a hands-on role in shaping our States future by designing and developing places we call home, the jobs which support us and the communities we share” said Lands Minister Ben Wyatt.
Property Council WA executive director Sandra Brewer acknowledged“the enormous contribution the property industry made to creating great places as well as jobs and economic activity” and that“the property industry wants to work with the State Government to drive greater economic activity for WA”.
This is a summary of the article “State puts foot on the accelerator” by Kim MacDonald |The West Australian | Property | Wednesday 25thSeptember, 2019