Transcript
![Page 1: Urban renewal: challenges and opportunities A presentation to Places Victoria and VPELA 19 November 2012 Brendan Lyon Chief Executive Officer](https://reader038.vdocument.in/reader038/viewer/2022110205/56649c8b5503460f9494653a/html5/thumbnails/1.jpg)
Urban renewal: challenges
and opportunities A presentation to Places Victoria and VPELA
19 November 2012
Brendan Lyon
Chief Executive Officer
![Page 2: Urban renewal: challenges and opportunities A presentation to Places Victoria and VPELA 19 November 2012 Brendan Lyon Chief Executive Officer](https://reader038.vdocument.in/reader038/viewer/2022110205/56649c8b5503460f9494653a/html5/thumbnails/2.jpg)
Planning
![Page 3: Urban renewal: challenges and opportunities A presentation to Places Victoria and VPELA 19 November 2012 Brendan Lyon Chief Executive Officer](https://reader038.vdocument.in/reader038/viewer/2022110205/56649c8b5503460f9494653a/html5/thumbnails/3.jpg)
Funding
• Property values increase as a result of proximity to new transport infrastructure.
• Value capture mechanisms enable government to access a portion of this property uplift.
• New revenue can be directed to funding
growth infrastructure.
![Page 4: Urban renewal: challenges and opportunities A presentation to Places Victoria and VPELA 19 November 2012 Brendan Lyon Chief Executive Officer](https://reader038.vdocument.in/reader038/viewer/2022110205/56649c8b5503460f9494653a/html5/thumbnails/4.jpg)
• An enabling institutional and governance framework is required to support Victoria’s population growth
• A lead agency, equipped with planning and implementation powers must be designated.
Governance
![Page 5: Urban renewal: challenges and opportunities A presentation to Places Victoria and VPELA 19 November 2012 Brendan Lyon Chief Executive Officer](https://reader038.vdocument.in/reader038/viewer/2022110205/56649c8b5503460f9494653a/html5/thumbnails/5.jpg)
Thank You