Already a subscriber?Developers and pro-housing density community groups warn that a Greens-led Melbourne council’s plan to increase the “vibrancy” one of its suburbs by prohibiting apartment developments unless they also allow commercial space will onlyMerri-bek City Council is considering a plan that would force residential property developers to set aside a proportion of any new project for commercial floor space around Sydney Road, Lygon Street and Nicholson Street in Brunswick, in a bid to...
“International experience shows that prescriptive policies like this, similar to inclusionary zoning rules, might increase the proportion of commercial, but it will substantially reduce the amount of development that is actually feasible and gets off the ground in the first place,” Mr Shifman said. “That’s not what we need in the midst of a housing crisis.
“The YIMBY movement are a front for unfettered private property developers, masquerading as a ‘grassroots movement’,” Mr Conlan, who has previously argued that, posted on social media after the council meeting. Jonathan O’Brien, lead organiser of YIMBY Melbourne, said mandating commercial minimums would make fewer projects viable in Merri-bek, in turn jacking up house prices and emptying the streets.
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: GuardianAus - 🏆 1. / 98 Read more »
Source: GuardianAus - 🏆 1. / 98 Read more »
Source: theage - 🏆 8. / 77 Read more »
Source: GuardianAus - 🏆 1. / 98 Read more »
Source: SBSNews - 🏆 3. / 89 Read more »