{"id":8400,"date":"2021-04-01T13:42:36","date_gmt":"2021-04-01T13:42:36","guid":{"rendered":"https:\/\/www.gabriellewilliams.com.au\/dev\/boost-for-investment-in-central-dandenong\/"},"modified":"2024-08-06T08:29:56","modified_gmt":"2024-08-06T08:29:56","slug":"boost-for-investment-in-central-dandenong","status":"publish","type":"post","link":"https:\/\/www.gabriellewilliams.com.au\/dev\/boost-for-investment-in-central-dandenong\/","title":{"rendered":"BOOST FOR INVESTMENT IN CENTRAL DANDENONG"},"content":{"rendered":"

The Victorian Government is stimulating investment in Central Dandenong by removing the five per cent infrastructure recovery charge from developments on privately-owned land and allocating $80,000 to the Greater Dandenong City Council through its Streamlining for Growth<\/em> program.<\/p>\n

Member for Dandenong, Gabrielle Williams, said removing the charge will provide economic stimulus by encouraging increased private sector investment in large scale commercial and residential development, while the $80,000 grant will help identify barriers to investment and find new ways to streamline development of Central Dandenong.<\/p>\n

The decision to remove the infrastructure recovery charge was taken following an independent assessment and consultation with the development sector and the City of Greater Dandenong.<\/p>\n

Investors undertaking developments on privately-owned land within the Revitalising Central Dandenong declared project area will no longer have to pay the five per cent levy when they apply for building permits – representing a saving of $500,000 for every $10 million of investment.<\/p>\n

The Revitalising Central Dandenong project is being delivered by Development Victoria on behalf of the Victorian Government and has already attracted almost $700 million in private investment and created jobs in central Dandenong at the Australian Taxation Office, State Government Services Hub, Quest Apartments and a new Council Civic Centre.<\/p>\n

In addition, a further $600 million will be invested into the Dandenong economy over the next 15-20 years with the announcement of Capital Alliance as the successful developer to deliver a new mixed-use development on<\/p>\n

Development Victoria-owned land next to the Dandenong transport hub.<\/p>\n

The infrastructure recovery charge will continue to apply for developments undertaken on land currently owned or controlled by Development Victoria. The charge ceases to apply altogether in December 2026.<\/p>\n

The Streamlining for Growth<\/em> Program is funded by the Victorian Government and managed by the Victorian Planning\u00a0 Authority. For more information go to https:\/\/vpa.vic.gov.au\/streamlining-for-growth-program\/<\/a><\/p>\n

Quotes attributable to State Member for Dandenong, Gabrielle Williams<\/strong><\/p>\n

\u00a0<\/em>\u201cEncouraging investment and development as a way of rejuvenating Dandenong will create jobs and stimulate economic activity.\u201d<\/em><\/p>\n

\u00a0<\/em>\u201cDandenong is seen as the capital of Melbourne’s south-east corridor and we want to attract developments that activate local spaces and provide an economic boost to the region.\u201d<\/em><\/p>\n

\u00a0<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Victorian Government is stimulating investment in Central Dandenong by removing the five per cent infrastructure recovery charge from developments on privately-owned land and allocating $80,000 to the Greater Dandenong City Council through its Streamlining for Growth program. Member for Dandenong, Gabrielle Williams, said removing the charge will provide economic stimulus by encouraging increased private […]<\/p>\n","protected":false},"author":1,"featured_media":9622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-8400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-releases"],"_links":{"self":[{"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/posts\/8400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/comments?post=8400"}],"version-history":[{"count":1,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/posts\/8400\/revisions"}],"predecessor-version":[{"id":9295,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/posts\/8400\/revisions\/9295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/media\/9622"}],"wp:attachment":[{"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/media?parent=8400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/categories?post=8400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gabriellewilliams.com.au\/dev\/wp-json\/wp\/v2\/tags?post=8400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}