❓ Question on Notice regarding State Government funding, construction timelines, and design changes for the Waterbank Precinct of the Riverside Development in Perth. The Minister provides details on funding, timelines, and revisions to the original design guidelines, citing market conditions and flexibility.
AnsweredQoN 4006Legislative Assembly
QuestionView source ↗
I refer to the Waterbank Precinct of the Riverside Development, and ask: (a) how much State Government funding is allocated to develop the precinct; (b) how much of the funding in (a) has been expended to date; (c) what is the projected construction start date; (d) what is the projected construction completion date; and (e) in relation to the article in The West Australian on 15 April 2015 ‘Lend Lease tweaks Waterbank’: (i) given the differences in height and number of buildings shown in the article’s graphic, compared with the graphic used in the Bigger Picture website, the waterbankperth.com.au website and Lend Lease’s website, can the Minister detail any changes that have been made to this project’s original design guidelines; (ii) how many residential apartments are planned be part of this precinct currently; (iii) how many square metres of commercial space are planned to be part of the precinct currently; and (iv) how many square metres of retail space are planned to be part of the precinct currently?
AnswerView source ↗
Answered
16 June 2015
Responded by
Minister for Planning
Response time
55 days
In November 2011, following a competitive expression of interest process, Lend Lease was announced as the MRA's development partner for Waterbank. Lend Lease will deliver the project including the public realm in accordance with the MRA's vision for the site.
(a) $49.4 million, in line with the Treasury-approved Budget.
(b) $29 million, which has been invested in preparing the site for development, including remediation.
(c) Construction of the public domain is expected to start in early 2016.
(d) Approximately 2026, depending on market conditions.
(e) Lend Lease will deliver the Waterbank Precinct over a number of years and the Design Guidelines provide the flexibility required to ensure that the project vision is achieved in changing market conditions. This flexibility is provided by allowing the project to be delivered within parameters acceptable to the MRA.
(i) Revisions from the 2009 Waterbank Design Guidelines include:
- The relocation of where tower elements may be located in the precinct.
- An increase in maximum building height, to a maximum of 40 storeys in one location.
- The potential for an increase in the maximum number of dwellings.
- Consolidation of the public spaces to create a larger more functional open space for residents as well as visitors.
- Improved public connections to the river.
These revisions have been subject to design review by the MRA to ensure project vision is maintained and good urban design outcomes are achieved.
(ii) Between 650 and 1,000 dwellings, over the life of the project, depending on demand and market conditions.
(iii) Between 6,600 square metres and 30,000 square metres of commercial space, over the life of the project, depending on demand and market conditions.
(iv) Between 2,200 square metres and 5,500 square metres of retail space, over the life of the project, depending on demand and market conditions.
(a) $49.4 million, in line with the Treasury-approved Budget.
(b) $29 million, which has been invested in preparing the site for development, including remediation.
(c) Construction of the public domain is expected to start in early 2016.
(d) Approximately 2026, depending on market conditions.
(e) Lend Lease will deliver the Waterbank Precinct over a number of years and the Design Guidelines provide the flexibility required to ensure that the project vision is achieved in changing market conditions. This flexibility is provided by allowing the project to be delivered within parameters acceptable to the MRA.
(i) Revisions from the 2009 Waterbank Design Guidelines include:
- The relocation of where tower elements may be located in the precinct.
- An increase in maximum building height, to a maximum of 40 storeys in one location.
- The potential for an increase in the maximum number of dwellings.
- Consolidation of the public spaces to create a larger more functional open space for residents as well as visitors.
- Improved public connections to the river.
These revisions have been subject to design review by the MRA to ensure project vision is maintained and good urban design outcomes are achieved.
(ii) Between 650 and 1,000 dwellings, over the life of the project, depending on demand and market conditions.
(iii) Between 6,600 square metres and 30,000 square metres of commercial space, over the life of the project, depending on demand and market conditions.
(iv) Between 2,200 square metres and 5,500 square metres of retail space, over the life of the project, depending on demand and market conditions.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.