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Revised design standards won’t deliver better apartments

Property & Development
Apartments and tree
Special Counsel Andrea Towson is quoted in today’s AFR on the need for reform in Victoria’s approval regime for apartment developments.

Commenting on proposed changes to the state’s Better Apartments Design Standards (BADS), Andrea told the AFR that, “in isolation, the changes will fail to deliver quality housing stock in our neighbourhoods”, unless they are backed up with radical reform of the overall planning framework.  

“From the date a planning permit application is first lodged, it’s taking at least four years to complete a development – and this doesn’t factor in the additional time associated with transacting to purchase the development site,” she said.

“From the date a planning permit application is first lodged, it’s taking at least four years to complete a development – and this doesn’t factor in the additional time associated with transacting to purchase the development site.”

Andrea Towson

 

“The ‘mum and dad’ developers, delivering smaller scale apartments, cannot afford to sit on capital and bear development holding costs year after year.”

To read the full article, click here.

To read Andrea’s submission to the Victorian Government on proposed changes to the BADS, click here.

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