Columbus Business First’s Post

As we prepare for our highly anticipated Future Homes program event, one question keeps arising: Why Future Homes? Allow me to share my personal take on this progressive initiative.   I see the Future Homes program as a game-changer for property investors, particularly in navigating development challenges in "controversial areas", such as City of Stonnington. Picture this: affluent neighbors objecting to new developments, or local authorities favoring smaller-scale projects despite zoning allowances. Future Homes has the potential to unlock opportunities in these areas.    In addition, the Future Homes program offers eligible developments a unique advantage by exempting them from third-party appeal rights under the General Residential Zone. This means smoother pathways for three-storey developments at highly sought-after areas, ultimately saving investors valuable time and resources. The Government led facilitation of building high-quality apartments in premium locations will help improve project viability. The robust demand and limited new supply in desirable locations could help offset the elevated construction expenses. This is further strengthened by the program benefits of much greater planning certainty and reduced land holding costs.   Again, this is my own interpretation of the vast potential this program holds. Are you eager to learn more and hear directly from the State Government officials about how Future Homes can benefit you now, as well as any future planning directions of this Future Homes program that may impact your investment decisions and development outcomes? If so, I invite you to join us as we reshape the landscape of property investment! Click here to RSVP: https://lnkd.in/gvzeJBW9 We have written a brief blog explaining the Future Homes program and highlighting the potential benefits awaiting those who participate. https://lnkd.in/gEBj64uG Associated Chinese Chamber of Commerce and Industries of Australia, Australasia Property Advisory Association, Madgwicks Lawyers, PPC Urban, Department of Transport and Planning, Office of the Victorian Government Architect (OVGA), DLX Creative #FutureHomes #PropertyInvestment #Innovation #propertydevelopers #RealEstateOpportunities. The land parcels highlighted in green below meet the location requirements for the Future Homes program pathway.

Our industry is at City Hall today to speak to the proposed Substantial Completion Standard. We recommend that #yegcc and Administration focus their efforts on creating plans for growth and new opportunities for investment. Our position letter: https://lnkd.in/gXpw4qm4. Our recommendation is for Committee to reject the Administrative proposal to stall planning for five more years. Planning needs to start right away. Being proactive does not expedite development, it just prevents expensive delay. Adil Kodian from Rohit Group says, "We need to start infrastructure planning, establish servicing standards, explore cost-sharing models and private sector involvement. To get to two million people, we need to collaborate. To-date, our industry's perspectives have not been reflected." "People decide where they want to live based on cultural ties, access to amenities, and proximity to important community hubs," explains Harman Singh Kandola of Victory Homes, who also serves on the City of Edmonton's Anti-Racism Committee. "This policy is stalling an opportunity for the City to grow its industrial tax base, which is desperately needed," said Brad Armstrong of Qualico. Elise Shillington-Briner of Cantiro says, "Investor confidence is at risk with this policy approach. Investors require predictability and assurance in development timelines. The proposed non-statutory servicing study is a critical first step toward ensuring land supply." "Growth Management in The City Plan was to stimulate new growth and to identify levers to increase viability and success of infill, to support commercial and industrial growth, and create new residential and non-residential neighbourhoods," says our CEO, Kalen Anderson. "Due to policies like Substantial Completion Standard, we have had to make investment decisions in other locations like Calgary and Winnipeg," said Dhruv Gupta of Akash Group of Companies. "If passed in its current form, we will have no choice but to move our investment to other places outside of Edmonton."

🌟 Enfield Local Plan Update: Achieving a Significant Milestone 🌟 #Excitingnews The draft Local Plan has officially been approved by Full Council, marking a major milestone for our team. This accomplishment sets the stage for the next phase: the Regulation 19 consultation starting on 28 March. Our draft Local Plan is nothing short of ambitious and progressive, tailored to address the significant challenges facing our borough and London as a whole. Here are some key highlights: ·      2 settlement size releases of Green Belt land for essential housing, employment, and infrastructure needs (13% of the Green Belt). ·      A strong focus on family and affordable housing to meet critical needs. ·      Approximately 34,000 new homes and 300,000 sqms of new employment/industrial land to foster growth and investment. ·      Delivering new hard, soft, green, and blue infrastructure to support residents, communities and businesses. ·      Enhancing open spaces and countryside access. ·      Commitment to achieving a 20% biodiversity net gain. And that's just the beginning! But let's not forget to celebrate the journey. Attached is a photo of the small but mighty Local Plan Team, all smiles before and after presenting at Full Council. None of this would have been possible without the dedicated leadership of May Lam and her exceptional team, comprising Natalya P., Hayley Harding, Edward Jones, Lachlan Anderson-Frank MRTPI, Sujata Majumdar, Michael Kennedy, Forida Hussain, Nicholas Page, and many others. We're immensely grateful for the collaboration of both public (GLA) and private partners, whose support has been invaluable. Crafting a Local Plan is no easy feat; it's complex, challenging, and resource intensive. The late nights and weekends spent tirelessly working toward this achievement underscore the dedication of our team and fellow local government planners. A heartfelt thank you to everyone involved! As we continue this journey, our resolve remains steadfast in delivering sustainable growth and investment for our borough and the wider London community. Special thanks to our colleagues in Democratic Services, Print Room, and Digital Services, as well as the unwavering support from the Corporate Leadership team with special thanks to Ian Davis and Perry Scott. #teamwork #strategicplanning #localplan #growth #investment #homes #climateresilience 

Exciting news for #Independence! The city is experiencing new growth and investment on multiple fronts. There are 369 new single-family units and 1,145 multi-family units under review or development. Plus, over $94 million is going towards new commercial developments. The City Council is also streamlining the development process with new code changes. #investing #realestate

This article summarises key points from a report that a team of us have just produced to show how public land can be made available for affordable housing to help integrate and transform our divided cities.

Economic Development Queensland, our state developer, is about to get big changes to its mission — including some groundbreaking new land assembly powers that could redefine our city. Greater Brisbane is proud to support these changes and EDQ's ambitions for a growing city. But there's still room for improvement. Like so many government agencies responsible for housing, renters are an afterthought. EDQ should ensure that renters are listened to at every stage of their developments - all the way to appointing a renters representative to their board. And while these new land assembly powers have the potential to be powerful tools in building a better, more walkable city, they need to be accompanied by broad planning reform that allow our whole city to grow. EDQ’s new ambitions lay the groundwork for a significant reshaping of our city—but if that new vision is something we aspire to, we should make sure we can deliver it right across our city and not just in the few places declared for renewal. This means much more public investment in developing public and community housing—an order of magnitude more. This means direct investment in demonstration housing projects to show Queenslanders how good a dense, walkable neighbourhood can be. And, critically, it means rethinking the broader planning regime to ensure that the objectives these reforms seek to achieve—design excellence, good place experiences, coordination and collaboration between stakeholders— are able to occur beyond these specific policy interventions. This will only be achieved by replacing our slow, restrictive planning with much clearer rules, more permissive approvals process and more ambition on height and design. We're excited to see where this will lead!

Densifying housing is the key to creating vibrant, connected neighbourhoods. However, densification puts additional pressure on transport infrastructure. Check how Beemo.life allows for more efficient use of existing vehicle resources in the proximity and strengthens local communities. 🔗 #sustainablecities #sustainablecommunities #sustainableliving #beemo

Are you thinking of extending your property? Then you need to know about an important change that came into play last month under the Levelling-Up and Regeneration Act 2023. This blog from Morecrofts Partner Peter Pownall explains the important changes and what they mean for your home extension project ⬇️ https://lnkd.in/eQMKfitV #Solicitors #HomeExtension #LevellingUpandRegenerationAct

🌟 #SSMUHCountdown Spotlight 🌟 At Small Housing, our journey through various communities in British Columbia has highlighted that the optimal way to drive affordability with gentle density development is through a homeowner-led approach. In a recent roundtable discussion with industry and local planners that we hosted, the consensus was clear: if gentle density is to really take off across the province, better pathways and incentives are needed for homeowners to develop their properties themselves, rather than selling to developers. Permitting strata more broadly is just one means of supporting this ambition of remove barriers that are reducing the viability of gentle density projects from emerging. We can see this clearly in the District of Oak Bay and their recent Bill 44 reforms, whereby homeowners can now build multiple units and opt for stratification to support ownership tenure and rental opportunities. Permitting strata offers homeowners more flexibility in catering for their evolving needs, allowing them to either stratify and sell newly developed units, or retain these units as rentals. You can read more about the role of strata in supporting gentle density housing through our special Guidance Paper, available to download for free on the Gentle Density Toolbox: https://lnkd.in/gxt5Ymyf Akua Schatz Vienna Braux Aina Adashynski David Sisk Jeff Waters, P.Eng. André Boel (RPP, MCIP) #housing #supports #solutions #policy #britishcolumbia