Summary:
- The Northern Territory Government has amended the NT Planning Scheme 2020 to fast-track the conversion of vacant commercial buildings in Darwin CBD into student accommodation, hostels, guest houses, and worker accommodation, with a two-year window for expedited approvals.
- This initiative responds to high demand for student housing following the opening of Charles Darwin University’s city campus and aims to reduce government approval times by 50%, supporting economic recovery and efficient use of underutilised properties.
- The expansion of student accommodation is expected to boost the local economy, with international education contributing $156.2 million annually; stakeholders highlight the potential to enhance CBD vibrancy and address the chronic undersupply of student housing in the region.
Original article:
https://www.insidestategovernment.com.au/nt-govt-to-fast-track-student-accommodation/
