Draft Penrith Aerotropolis Development Contributions Plan 2023

Penrith City Council is publicly re-exhibiting the draft Penrith Aerotropolis Development Contributions Plan 2023, which Council endorsed at its Ordinary Meeting on Monday, 29 May 2023.

The draft Plan has been prepared to enable developers of land in the Aerotropolis precinct to make a monetary contribution (called a ‘section 7.12 contribution’ or ‘s7.12 levy’) to help meet the cost of providing local infrastructure. The draft Plan seeks to deliver $815m in local infrastructure by apportioning a contributions rate of 5.5% for development over $200,000 within the Aerotropolis precinct in Penrith’s LGA. The contributions will fund the delivery of roads, bridges, active transport connections, open spaces and embellishments.

The draft Penrith Aerotropolis CP is on public exhibition from Thursday 15 June 2023 to Thursday 13 July 2023 and can be viewed at: yoursaypenrith.com.au/draft-penrith-aerotropolis-CP