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Media Releases back print version

27 October 2004

Regional Plan Recognises Yarrabilba Potential

Yarrabilba’s designation under the State Government’s Office of Urban Management (OUM) Southeast Queensland Draft Regional Plan has been welcomed by Delfin Lend Lease as the next important step in the development of a project that will help manage the state’s future population growth.

The 2,000 hectare Yarrabilba site in Beaudesert Shire along with the majority of the northern part of the Shire has been placed in the Regional Plan’s “special investigation” zone.

The Regional Plan states that the “special investigation” zone designation requires development proposals meet set criteria before they will be considered suitable for urban development.

The proposed Yarrabilba project would see Delfin Lend Lease develop over a 30 year period, a masterplanned community in the southern corridor of Brisbane that 52,000 people will call home. The site, which is owned by the Hancock Resources Group, has previously been used as a pine plantation.

Delfin Lend Lease General Manager – Queensland Guy Gibson said Yarrabilba’s designation under the Regional Plan addresses the serious planning issues facing the Brisbane Gold Coast corridor.

“Yarrabilba provides an opportunity to achieve a better outcome than further rural residential development. The Regional Plan designation is an important step in the development of a project which will contribute to the long term management of population growth in SEQ,” said Mr Gibson.

“Delfin Lend Lease strongly supports the need for long term planning and commends the OUM for not allowing the status quo to persist and addressing existing planning problems head on.

“We are of the view that the Yarrabilba site developed for urban purposes will positively impact on sub-regional issues of land shortages and poorly serviced rural residential land, acting as a catalyst to bring jobs, services and facilities to a large area in the heart of the fast-growing Brisbane Gold Coast corridor.

“A masterplanned approach to the site will produce a better outcome and meet the corridor’s increasing demand for housing rather than the ad hoc development of smaller subdivisions, which often result in poor outcomes.

“Key considerations and priority in Delfin’s planning of Yarrabilba are the environment, transport, employment opportunities, education and the delivery of community facilities.

“Our objective is to develop Yarrabilba so it complements existing private and public infrastructure and showcases the best approaches to integrated mixed use urban development,” he said.

“We look forward to working with the OUM and Beaudesert Shire Council so we can move towards creating a major new destination in the southern corridor of Brisbane,” he said.

Delfin Lend Lease’s existing south east Queensland portfolio includes Varsity Lakes on the Gold Coast, Forest Lake in Brisbane and Springfield Lakes in the Brisbane/Ipswich corridor.

Delfin Lend Lease has more than 20 large scale projects throughout Australia covering 9 population centres with more than 50,000 allotments under its control.

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