Draft Aerotropolis Contributions Plan 2020

Liverpool City Council resolved at its 27 October 2020 meeting to exhibit the draft Aerotropolis Contributions Plan 2020.
The draft Plan outlines how Council will collect contributions from developers to fund the significant infrastructure needed to deliver on the vision of a vibrant airport centric precinct to support a wide range of local jobs. Prepared in collaboration with Penrith City Council, it applies to land within the initial precincts of the Western Sydney Aerotropolis which is expected to accommodate more than 100,000 workers and 30,000 residents.
The draft Plan proposes a 6.5 per cent levy on developments over $200,000 to fund local infrastructure needed to align with growth, fulfil the precinct’s potential and create a sustainable, well-connected and liveable city. This levy is necessary to avoid a $2.5 billion shortfall in infrastructure funding for the precinct.
More information - https://www.liverpool.nsw.gov.au/council/have-your-say/public-exhibitio…