PRECINCT
IMPACT
ANALYSIS
PRECINCT IMPACT DECISION SYSTEM
Our urban areas are always in transition, where economic trends, population and demographic changes play out temporally, spatially, functionally and structurally. The currency of our cities and precincts is the supply and demand for land – public and private. As such, there is no one pathway, approach or set of initiatives to guide decisions.
Each situation needs to respond to the existing specific conditions. Each poses a multitude of questions that challenge governments or developers as they seek to make decisions affecting places, precincts, and people. Responses require an ability to make sense of bottom up and top-down themes, drivers, supply, demand, costs and returns.
Key Questions Surrounding Precinct Development:
01.
Where will we build?
02.
When will building happen?
03.
What will be built?
04.
Who will buy it?
05.
05.
Are we on track?
06.
Is there the amenity and infrastructure to support the population?
Value Advisory Partners has developed a dynamic Precinct Impact Decision System that allows for developing and testing strategies to address the key questions above and curate place-based outcomes to create better places for people to live.
BENEFITS OF THE PRECINCT IMPACT DECISION SYSTEM
1. Place-based approach using specific local data for the analysis allows for bottom-up land use assessments at the precinct, sub-precinct or neighbourhood scale
2. Detailed assessment of precincts that incorporate both current strategies and potential future precinct planning outcomes
3. Ability to adjust potential planning considerations and assumptions within the dashboard and assess their effects in real time
4. Dynamic interface in both data and spatial visualisations and decision systems
KEY NEEDS MET BY THE PRECINCT IMPACT DECISION SYSTEM
1. Identifying where and when State housing targets/ dwelling growth could be met
2. Exploring the highest & best use for land within precincts
3. How planning changes can facilitate development outcomes to support population growth
4. Identifying and addressing infrastructure & amenity gaps
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5. Creating and implementing strategies to accelerate precinct growth