Macquarie Park: Lachlan’s Line Grows 24 Storeys Taller
As part of the broader vision for Lachlan’s Line, a 24-storey residential development project has been approved at 3 Halifax Street in Macquarie Park….
Written by
22/08/2023
A new definition for gross floor area (GFA) has now come into effect in NSW and it is great news for the booming retirement and aged care industry.
The new GFA definition applies to Part 5 of the Housing SEPP and commenced on 18 August 2023 and provides much-needed certainty in an industry that is growing year-on-year.
The rationale for change was the assessment of an Ethos Urban seniors housing State Significant Development Application, where the State’s planning department formed a position based on in-house legal advice that the former GFA definition within the Housing SEPP for seniors housing was not applicable. As a consequence, the Department’s position was that the GFA definition from the Standard Instrument LEP must then be applied to all seniors housing developments.
This position is contrary to the purpose of having a seniors housing specific GFA definition. It created uncertainty by halting the progress of a number of seniors housing projects.
The new GFA definition will deliver the following benefits:
Reach out to us at [email protected] to obtain a copy of the amended planning policy.
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