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.

Data | Analytics | GIS | Economic Analysis |

Agile Decision Systems

Key Questions Surrounding Precinct Development

Where will we build?
When will building happen?
What will be built?
Who will buy it?
Are we on Track?
Is there 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.

Key Needs Met by the Precinct Impact Decision System

Where and when State housing targets/ dwellings could be met
Identifying and addressing infrastructure & amenity gaps
Exploring the highest & best use for land within precincts
Creating and implementing strategies to accelerate precinct growth
How planning changes can facilitate development outcomes to support population growth

Advocacy & Communication

Visualisation

Bottom Up Analysis

Benefits of the Precinct Impact Decision System

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

Detailed assessment of precincts that incorporate both current strategies and potential future precinct planning outcomes

Ability to adjust potential planning considerations and assumptions within the dashboard and assess their effects in real time

Dynamic interface in both data and spatial visualisations and decision systems

KEY PROJECT

Greenline - City of Melbourne

Economic Impact Assessment and Partnership and Funding Plan

Place Context: Central Melbourne

Project Type: Urban Renewal, Public Infrastructure and Amenities, Precinct Planning

Project Lifecycle: Cost/Benefit assessment, Funding and Financing

Scope: Cost benefit assessment, Social Benefits, Land use, Jobs/GVA, GFA/development uplift, Value Creation, Financing Infrastructure projects

Economic Impact Assessment on the Greenline Implementation Plan to assess economic opportunities, benefits as well as potential constraints that the Greenline once delivered – will have on local businesses, the resident community and visitors.

The Partnership and Funding Plan outlines the detailed funding contributions for the delivery of the Greenline Implementation Plan and associated opportunities that would maximise the value, benefits and the strategic outcomes from its investment in the project and for the Yarra River corridor more broadly.

This assessment needs to provide evidence for both the short and long-term planning for the Greenline precincts, with the results to be used to engage with State Government and key stakeholders to establish grounds for funding contributions and delivery partnerships.

Our Project Experience in Precinct Impact Analysis

Value Advisory Partners has delivered Precinct Impact Analysis within many projects through Australia and New Zealand

Who we've worked with:

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