Hundreds of new homes are a step closer to being a reality for Coffs Harbour, with the latest plans for the proposed redevelopment of Argyll Estate now on public exhibition.
The new proposal would see the precinct bounded by Bray Street, Frederick St, and Argyll St redeveloped into a mixed tenure estate, delivering new social and private housing for Coffs Harbour.
NSW Land and Housing Corporation Executive Director Delivery North Naveen Chandra said the Argyll Estate project was another example of the NSW Government engaging in partnerships to address housing affordability and the growing housing need across the state.
“We take our role in providing housing for Regional NSW very seriously, but if we are going to tackle the issue of supply head-on, we need all levels of government and industry working together,” Mr Chandra said.
“That’s why the NSW Land and Housing Corporation (LAHC) is working with both the private and not-for-profit sectors and Coffs Harbour City Council on this redevelopment opportunity, which could provide fit-for-purpose housing that’s located close to transport, services and local facilities.
“Should it get the green light, this redevelopment will pave the way for hundreds of new homes – including social and private housing - and importantly, it will bring more jobs and investment here to Coffs Harbour.”
Mr Chandra said LAHC had also recently purchased five new properties to deliver more social housing in the Coffs Harbour area, which could support relocations from the Argyll Estate should the proposed rezoning be approved.
“These purchases were made possible by the NSW Government’s $183 million commitment dedicated to fast-tracking the delivery of new homes across the state, which included $50 million to unlock major estate renewals,” Mr Chandra said.
“By purchasing new homes for social housing, it means we can quickly and easily relocate tenants from ageing properties to enable the renewal of that stock, ultimately increasing homes for people in need across the region.”
The proposed rezoning of the Argyll Estate precinct has been placed on public exhibition by Coffs Harbour City Council until 14 September 2022.
Residents of the Argyll Estate precinct have been invited to a community drop-in session to learn more about the proposal. Any community member may submit feedback online during the exhibition.
For more information visit, Coffs Harbour.