Victorian Planning Minister Sonya Kilkenny has given fast-track approval for a 14-storey affordable housing project in Frankston, as the state government comes under pressure to meet its ambitious housing targets. Kilkenny will announce on Sunday that she has rubber-stamped the project by developers CAAMCo at 11 Beach Street through the state’s development facilitation program, which allows her to fast-track large residential projects where at least 10 per cent of dwellings are classified “affordable” homes. The stretch of land between Kananook Creek (middle of photo) and Nepean Highway (right) is the focus of a major planning dispute in Frankston.
Credit: Eddie Jim The Frankston development will include a mix of 62 one-, two- and three-bedroom homes managed by a community housing provider and rented to people on low to moderate incomes as affordable homes, Kilkenny said. That means rent will be at least 10 per cent below the market rate and be capped at no more than 30 per cent of the median income of Melbourne workers. An artist’s impression for the 14-storey affordable housing project approved for Frankston.
“By fast-tracking projects like this, we’re ensuring that more Victorians have access to safe, secure, and affordable homes – because every Victorian deserves a roof over their head,” Kilkenny said. The project is likely to be controversial, however, given a bitter fight by locals against similar high-rise buildings proposed along the Frankston foreshor.