The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
UPCOMING EVENT - INDUSTRIAL AND LOGISTICS SUMMIT 16 OCTOBER, SYDNEY
INDUSTRIAL AND LOGISTICS SUMMIT - TICKETS NOW ON SALE
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterSun 10 Jan 16

NSW Record Development Approvals Are Not Converting To Completions

I

The NSW Government's Local Development Performance Monitoring Report 2014/15 outlines record development approvals of $34 billion, says the Urban Taskforce.

"The report on development across NSW indicates a jump in overall approvals to $34.10 billion through 90,183 planning approvals over the 2014/14 financial year," says Urban Taskforce CEO Chris Johnson.

"Approving a project however does not mean it will be built as demonstrated by the fact that only 51,705 Occupation Certificates were issued. These completed buildings may have flowed from the 84,159 approvals in the previous 2013/14 year but there are still a large number of approved projects that don't seem to proceed to completion.""The data in the Local Development Performance Monitoring Report generally reflects the boom in construction the state is experiencing but there are a number of worrying trends in the reported data.""The report is focused on a large number of small projects with 96% of DAs being under $1 million as are 99% of Complying Development Certificates. Projects over $20 million only represent 0.3% of approvals yet they represent 27% of the value of all approvals and contain most of the apartments. These projects are determined by Joint Regional Planning Panels (JRPPs) and their approval times have increased from 233 days to 256 days in the last financial year.""The Urban Taskforce is concerned that the trend to longer approvals by the JRPPs will continue under the Greater Sydney Commission's (GSC) Planning Panels as the panels will now be dominated by local government representatives. The GSC's planning panels are to be chaired by a district Commissioner who is nominated by local councils who also nominate two other members to the 5 person panel. Our expectation is that the panels will become less supportive of development when the changes are implemented.""Another concern from the report data is that the number of projects going to the Land and Environment Court has jumped significantly from 284 to 388 in the recent financial year. The projects are taken to court by applicants and after considerable costs and time delays only 15.4% are dismissed as not being appropriate for approval.""The swing towards Complying Development Certificates is very positive with these now reaching 32.2% of all development approvals. The Urban Taskforce is keen to see complying development extended to more building types that have become reasonably standard within the community."

OtherAustraliaPlanningPolicyPlanningPolicy
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
5 Min
Korean coliving hero
Exclusive

Disconnection by Design: Why ‘Untech’ is the Next Big Amenity

Clare Burnett
5 Min
Global Shifts Redraw the Map for Australia’s Office Market
Exclusive

Office Eyes Slowdown as New Stock Supply Becomes a Trickle

Vanessa Croll
7 Min
Salta MD Sam Tarascio
Exclusive

Why Salta Won’t Break Ground on $400m Pipeline

Leon Della Bosca
7 Min
Exclusive

Precinct Proposals Bloom as Brisbane Middle-Ring Sheds its Past

Phil Bartsch
8 Min
View All >
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
Industrial

Centennial’s Paul Ford: From Vision to Industrial Vanguard

David Di Marco
Planning

Bipartisan NSW Planning Reform a Welcome Surprise

Patrick Lau
The legislation, unexpectedly introduced with opposition support, has been greeted by the industry with surprise and del…
LATEST
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
5 Min
Industrial

Centennial’s Paul Ford: From Vision to Industrial Vanguard

David Di Marco
3 Min
Planning

Bipartisan NSW Planning Reform a Welcome Surprise

Patrick Lau
5 Min
Legal

Court Freezes Assets as $160m Property Scheme Unravels

Vanessa Croll
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/nsw-record-development-approvals-converting-completions