Executive Chairman | Barrie Harrop, Sustainable Outcomes, Placemaker, with social responsibility.
The ALP Minns State Govt of NSW is taking steps to reduce a wide range of impediments. Today's announcement is a good step; however, in itself, it will not solve the chronic shortage of affordable apartments across Metropolitan Sydney, let alone meet the current shortage of around 25,000 inclusive quality residential grade mid-rise apartments per year required annually for the foreseeable future. Current custom construction methods are building around 10,000 apartments per year in Metropolitan Sydney over the next 3 years. A fast-track solution, the fast-to-market solution, is lacking and requires a significantly less skilled workforce on site because over 20,000 tradies left NSW last year. They, too, need affordable rental accommodation, and the State has the worst shortfall of enough availability in history. The Thrive Alliance's expertise is over 100,000 CLT major urban reference projects worldwide with Engineered wood into Cross Laminated Timber construction with great design, detailing and finishes, minimising expensive building materials waste going to landfills, which is unsustainable and making housing more expensive. The Thrive Alliance's capabilities are up to 40,000 "inclusive" quality residential grade mid-rise apartments per year for the next 5-7 years in Australia, led a proven "Placemaker" over the decades in all my previous major urban projects won at either State or Local Governments tenders with no mandatory requirements just through my initiative and sense of social responsibility setting aside between 30% to 50% for affordable housing, all these previous major urban projects have achieved above-average capital growth for decades and are tightly held. The Mayor of London requires that up to 50% of all London Council surplus land sold off suitable for residential use be set aside for affordable housing. To date, this policy has yielded over 30,000 affordable dwellings. #ThriveAlliance #AffordableHousing #CLT #SydneyHousingCrisis #fasttomarket #sustainability #inclusiveness #residentialgrade #midrise #townhouses #Harropfactor #advancedmodular #fasttrack
Barrie Harrop
1mo
NSW--“To achieve the state government’s targets, 75,000 new dwellings are needed each year, and with 82 per cent of them in infill locations, the majority will be apartments. An estimated 35,000 apartments must be built each year at a time when forecast completions over the next three years are running at 10,350 units a year, Charter Keck maintains.” https://www.smh.com.au/business/the-economy/apartment-slump-spoiling-efforts-to-boost-housing-supply-20240911-p5k9s5.html
David J. Aves
1mo
Insightful
Executive Chairman | Barrie Harrop, Sustainable Outcomes, Placemaker, with social responsibility.
1moThis is what a scalable plan looks like to help solve Australia's worst affordable /social housing crisis in history. Our "Thrive Alliance" Cross-Laminated Timber (CLT) in Australia and Internationally is made from renewable plantation forest trees. CLT=stored carbon capacity is up to 40,000 inclusive “residential grade” inclusive midrise apartments per year, targeting the “Baby Boomers” and "Essential Workers " including social housing on a scale (including disability workers) across Australia, including Regional Australia, built in up to 75% less time than current custom construction methods, in excellent designs, detailing and finishes with almost zero waste of valuable building materials, with up to 65% less skilled workforce on site. This capability was presented to various NSW departments last year in an all-day capacity presentation sponsored by Business NSW. "Speed to market "is the market opportunity for CLT advanced modular construction. The concept attached in CLT is an inclusive, walkable urban residential-grade midrise village with a sense of community where people can look out for each other and be built in less than 12 months, in some cases less than 8 months, with long-term residential accommodation.