The long-awaited Waterloo South Planning Proposal, which aims to deliver new affordable social housing and private homes with access to community facilities, is now under public exhibit.
The proposal to revamp this precinct, to build on the strengths and character of the area, will be open for feedback until 29 April 2022. The community is encouraged to submit their suggestions to help the NSW Government shape the final plans for Waterloo South.
Since 2020, the City of Sydney has conducted the planning process for Stage One of the Waterloo Estate redevelopment to deliver more than 3,000 new homes to a growing community. the planning process, however, was turned over to the NSW Department of Planning and Environment in early 2021.
Dubbed as the state’s “most significant urban regeneration projects,” Minister for Planning and Minister for Homes Anthony Roberts said that the public exhibition is a leap closer to getting the plan moving.
“The community has shown immense patience, particularly when it comes to something as important as the roof over their head. For that, I thank them and urge everyone to have their say over the coming weeks.”
“If approved, the Waterloo South redevelopment will provide a vital refresh for tired social housing as well as thousands of new inner-city homes, plus more than 2 hectares of public open space to support recreational activities like field sports, cycling and walking,” the minister said.
Per REDWatch, the key points of this development include:
- about 3,000 dwellings on the land owned by the corporation
- a park adjoining Waterloo metro station of more than 2 hectares and another smaller park in the south
- about 250,000 square metres of floor space (gross floor area) including retail and community spaces
- 9 tower buildings between 20 and 32 storeys
- 3 buildings of 15 storeys
- other buildings up to 8 storeys
- 30% social, 65% market and 5% affordable housing
After the public consultation, the department will still submit a development application that will need further inputs from the community before construction starts on Waterloo South.