NSW School Clusters
Strategic Divestment and Advisory
HillPDA was engaged in exploring the implications and opportunities of sites throughout NSW from an urban planning perspective and the associated economic drivers to the Department. The Assessment advised on planning and development options for future learning infrastructure, with due consideration given to the financial viability, market dynamics and social implications of each option.
Specific sub-regions assessed include:
- Wollongong
- Western Sydney
- Port Macquarie
- Tweed Heads
- Albury/ Griffith
- North Sydney/ Upper North Shore
Our value add
- The project team was multi-disciplinary which included town planners, valuations, land economists, market research and social-economics specialists
- Capitalise asset return by understanding the asset tipping point with due regard given to social and community intangible benefits
- Identification and resolution of site benefits, opportunities and risks of boundaries, encumbrances, site constraints, heritage considerations and environment aspects
- Project informed business cases to NSW Premier and Cabinet
- Use of HillPDA’s propriety software Estate Master’s product Development Feasibility which calculates key investment performance indicators, performing detailed risk assessments and allowing users to compare multiple options.
Outcome
This Assessment allowed the Department to make more informed decisions regarding the strategic asset management, acquisition, maintenance and divestment of assets as well as portfolio reporting to the State Government.
Services:
- Strategic Asset Planning
- Highest and Best Use
- Rezoning
- Urban Planning
- Heritage Constraints
- Social-economic benefits
- Stakeholder engagement
- Market research
- Hypothetical developments
- Financial Analysis
Client: Department of Education
Project date: 2015 – 2016
For more information, contact Virginia Phillips, Associate