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Inclusionary zoning would ease housing pressure in Brisbane

People & Companies / Latest News

Australia

Mar 26 2018

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Developer Mirvac has suggested placing affordable housing in new developments, known as inclusionary zoning, as Brisbane town planner Phil Heywood recommended West End developers sell apartments to the government for social housing. 

Mirvac’s head of residential Stuart Penklis said reserving affordable apartments for particular income bands would help ensure workers could stay within the inner city instead.

But Brisbane City Council said it was not currently considering Inclusionary zoning, which is when a council mandates a certain amount of apartments be designated for affordable housing.

Mr Penklis said the idea was becoming more prevalent across development, with one of Mirvac’s current projects in Sydney having a number of units dedicated to low-income bands.

“In this project we’re presenting a mix of apartments that will be a used as affordable housing,” he said. “I think the thing is, in terms of specification, it’s no different to the build-to-sell product.”

Mr Penklis said including inclusionary zoning would improve the image of developers operating in hostile areas.

Photo by Lily Lvnatikk on Unsplash

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