Rezoning to start development surge
GO AHEAD: Developer David Fenton has welcomed the zoning changes of the local environmental plan (LEP) which will allow him to redevelop the Peisley Street site. Photo: STEVE GOSCH 0227sgdevelop2
28 Feb, 2012 04:00 AM
ORANGE can expect to see a surge of development following the approval of the local environmental plan (LEP) according to one local developer.
David Fenton of Fenlor Group Pty Ltd welcomed the new planning tool, which has seen the industrial zone at the southern end of Peisley Street rezoned to a B4 mixed use business zone among the many changes ushered in by the LEP.
The new zone will rejuvenate the Peisley Street frontage, according to Mr Fenton, allowing anything from offices to showrooms in the area that was previously set aside for industry and warehousing.
“It’s one of the busiest streets in Orange,” Mr Fenton said.
The new zone is designed to integrate business, office, residential, retail and other developments in accessible locations to the public, according to the LEP.
Mr Fenton will redevelop the site opposite the Orange Family Medical Centre now the zone has been changed to allow a “higher class of development” with a high density floor space ratio.
“It used to be zoned industrial but due to changing times it’s not applicable,” he said.
“You can’t set up an industrial premises there anymore because of the noise requirements for the residential area.
“It really was quite restrictive.”
Mr Fenton said he has a number of people interested in establishing commercial outlets on the site which will be subdivided into three lots.
Fenlor will develop one lot.
Other developers and land owners who have submitted proposals to Orange City Council will also be able to move ahead with their plans now the LEP has been adopted, Mr Fenton said.
l Will you be able to proceed with your development now the LEP has been approved? Contact Clare on 6391 2914 or email@example.com