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The long vacant and highly visible site will now be transformed into a productive mixed use precinct that supports new housing, jobs and local economic activity.
HIA Executive Director Tasmania, Benjamin Price, said the decision highlights the importance of enabling well located infill development at a time when Hobart urgently needs more homes.
“This is exactly the kind of housing project Hobart needs. It adds new homes in a well serviced corridor and turns a vacant, derelict site into something that delivers real value for the community. Every additional home matters in a housing market under pressure.”
Mr Price said the approval also sends a welcome signal to builders, developers and investors.
“This decision shows confidence to build in Hobart is returning. When good projects are approved promptly and sensibly, it gives the industry the certainty it needs to keep delivering.
“This is a strong example of planning enabling outcomes rather than delaying them. Delays have become all too common, and this decision is a welcome shift in the right direction.”
With major infrastructure projects likely to increase demand for housing, Mr Price said developments like this are timely and necessary.
“Hobart will need more housing of every type to meet future demand. Projects like this ensure the city is better prepared, supporting workers, businesses and the broader community.
“The approval also finally puts an end to years of uncertainty surrounding the prominent site, which remained vacant following an abandoned private hospital proposal,” concluded Mr Price.
The Housing Industry Association (HIA) has welcomed the Tasmanian Government’s decision to join the Federal Help to Buy Scheme, describing it as a sensible and long overdue step that will help more Tasmanians into home ownership while supporting new housing supply.
The ACT Government has released a consultation paper exploring the extension of occupational licensing to additional construction trades.
The Housing Industry Association (HIA) is calling for a unified national framework for granny flats and secondary dwellings to ease the housing affordability squeeze - arguing that we could learn from recent changes in Tasmania to permit up to 90 per square metre granny flats and our neighbours in New Zealand who are now fast-tracking compliant small homes.
The Housing Industry Association (HIA) has lodged a major submission calling for a comprehensive overhaul of the National Construction Code (NCC), warning that excessive regulation and complexity is slowing the delivery of new homes across Australia.