For the past 19 years, there has been an initiative to redevelop the Springs ” which is an area of land bordered by the Graham Farmer Freeway, the Great Eastern Highway and the Swan River ” from rundown to property hot spot.
City of Belmont chief executive Stuart Cole said because the Springs area was on the doorstep of the Perth CBD, it had always been of strategic importance to the council.
‘There is the potential for high-quality buildings associated with inner-city living and less dependency on cars because of the convenient accessibility of public transport,’ he said.
‘It is the gateway to the City of Belmont and represents a model for medium to high-density residential development and mixed use.’
The council will forward its approved submission to |the Department of Planning, which will prepare an independent report for the WA Planning Commission to in turn advise the Minister of Planning.
If the minister approves the submission, the City of Belmont will have the administrative role of collecting contributions and forwarding them to LandCorp.