Because the Victorian government needs $34.5 billion to fund the expansion of the Suburban Rail Loop East and the Federal Government will only provide $2.2 billion, we’re likely to see more high-rise strata buildings approved in Victoria to help fund it.
At least that’s what @PartrickHatch reports in the @TheAge.
He reports that higher density development will be allowed in where the 6 new stations are built: Box Hill, Burwood, Glen Waverley, Monash, Clayton and Cheltenham; increasing populations in those areas by 100% to 285%.
If it happens, it’s a massive defeat over Minbyism in these suburbs.
Read the full article here.