3 / July / 2017

New policy to encourage economic growth across Moreton Bay Region

Economic Development

Posted 3 July 2017

Moreton Bay Regional Council (MBRC) and Unitywater have unveiled new policies to help stimulate economic growth, encourage urban renewal and deliver diverse and affordable housing options for the growing and changing Moreton Bay community.

Starting this month, they will offer incentives to encourage targeted development around train stations in Caboolture and Strathpine, and key locations along the new Redcliffe Peninsula Rail Line.

Council’s ‘Incentivising Infill Development Policy’ will encourage new infill developments within 800 metres of Strathpine and Caboolture train stations, and along the rail corridor from Strathpine to Kippa-Ring.

Moreton Bay Region joins other councils including Brisbane, Logan, Rockhampton, Townsville, Whitsunday and Central Highlands which have also introduced similar incentives to encourage economic growth in specific areas.

Moreton Bay Regional Council Mayor Allan Sutherland said the new policy aims to revitalise and stimulate development in existing activity centres, encouraging developments such as hotels, student accommodation, aged care and retirement living, and mixed-use buildings which are forecast areas of need for the region.

“People have been crying out for exciting new development to take place in the activity centres around Strathpine and Caboolture,” Mayor Sutherland said.

“Areas like Strathpine and Caboolture town centres offer fantastic potential for residential and mixed use developments, with growing populations and quality public transport services right at their doorstep,” he said.

“It’s all about driving incentive for our town centres in Strathpine and Caboolture, and along the Redcliffe Peninsula Line to help them get revitalised with new cafes, shops and office space as part of new, mixed-use developments, that will create more employment opportunities for residents close to home.”

The ‘Incentivising Infill Development Policy’ will help to fast-track infill development in areas close to existing activity centres and public transport, with a goal to support future growth needs.

“Importantly, the policy will also focus on encouraging new student accommodation options, to support the 10,000 students expected to take up placements at the new USC campus at Petrie within the first 10 years of it opening in 2020.”

Council’s and Unitywater’s policies will be effective for two years, and include the waiver of infrastructure charges and application fees for complying applications.

Applications for financial incentives will be considered under the MBRC Planning Scheme and be subject to the development proposal meeting defined criterion set out in council’s and Unitywater’s Incentivising Infill Development Policies.