© LandCorp 2013

Pilbara Land and Housing Update

Matt Read

© LandCorp 2013

Summary

• LandCorp’s Role

• Project Updates

• Where to from here?

© LandCorp 2013

About LandCorp • We are a Government Trading Enterprise

operating under separate legislation.

• LandCorp’s business is divided into four programs:

• Regional Development

• Industry and Infrastructure

• Metropolitan

• Government Services

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LandCorp in the Pilbara • Working within Government

• Working to deliver the Pilbara Cities Vision

• Varied roles across each town

LandCorp in the Pilbara • Working within Government

• Working to deliver the Pilbara Cities Vision

• Varied roles across each town

© LandCorp 2013

What has been achieved?

Growth Plans….. Clear strategic direction is

critical and underpins much of our work

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Service Workers Accommodation

• 100 Service Worker Units • Funded by R4R • Governance requirements

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Baynton West

2009

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Baynton West

2013

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Madigan Road

• 800 Lots zoned Urban Development

• Stage 1 Complete

• A range of lot sizes available

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Karratha City of the North

Before

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Now

Karratha City of the North

• Transforming the Town Centre

• Funded by R4R

• Private Sector Opportunity

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Spoilbank Marina

• Cabinet Approved Funding

• Scheme Amendment Progressing

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Pretty Pool

• 450 Dwellings

• Potential for further development

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South Hedland Town Centre

2009

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South Hedland Town Centre

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South Hedland Town Centre

• Funded by R4R

• Stage 1 and 2 complete

• Catalyst for other works

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Newman

Town Centre • Total of $40 million in R4R funding • Stages 1 and 2 complete

Residential • 160 residential lots created in the last year • Service Worker Accommodation

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Onslow

• Master Plan

• Subdivision Approval, First Lots (tender award for first 220 lots is imminent)

• In Principal Pre Funding Agreement

• ANSIA Development Plan Infrastructure Supply is the key issue

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- Normalised industrial land supply in Karratha and Port Hedland

- In Aggregate Gap Ridge and Wedgefield are of similar size to Canning Vale Industrial Estate

- 200 hectares of industrial project ready land earmarked for Onslow

- Strategic Industrial Areas – Boodarie/Anketell/Ashburton North progressing towards being project ready

- Flexible lot sizing

- Economic Diversity (Gap Ridge: 1,600 jobs and $1 billion dollars in sales by 2026) Source: Gap Ridge Economic Assessment Jul 2013

Industrial Output

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Pilbara housing market

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Pilbara rental market

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Where to from here?

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Port Hedland – Athol Street

• 40 hectares being rezoned

South Hedland – Western Edge

• 220 hectares rezoned

Karratha - Madigan

• 67 hectares rezoned

Karratha - Mulataga

• 168 hectares rezoned

• 40 hectares subdivision approved

Ensu

re a

dev

elo

pm

en

t re

ady

lan

d p

ipe

line

• Zoning

• Native Title

• Viability

• Subdivision Approval

Newman

• 50 hectares being rezoned

• 140 lot subdivision approved

© LandCorp 2013

• 450 Hectares

• Waste Water

Treatment Plant

• Water Tanks

• Aboriginal Heritage

• Racecourse

• Pony Club

• Recreation

• Mangroves

• Tidal

• Storm Impacts

• Heritage Sites

• Rail Line

• Dust and Noise

East Port Hedland Constraints East Port Hedland

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East Port Hedland Flooding

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Proposed Land Release Strategy -Staging

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• Maintain the Vision

• Seek Native Title Resolution

• Market the Vision

• Engage the Private Sector

• Consider alternate procurement/sales methodologies

• Understand and adapt to current market conditions

• Continue Community Engagement

• Inform Cost and Quality of Development

• Infrastructure Supply

© LandCorp 2013

Thank You