A Growth Areas Infrastructure Contribution (GAIC) Works-in-Kind (WIK) agreement has been entered into with Stockland to deliver the Gunns Gully Road full diamond interchange with the Hume Freeway at Kalkallo, in Melbourne’s northern suburbs.
The interchange will help unlock development of the future Merrifield North Precinct Structure Plan (PSP), currently being prepared by the Department of Transport and Planning. It will also provide important access to the Lockerbie precinct and help support development of the Cloverton Metropolitan Activity Centre, Melbourne’s final metropolitan activity centre identified in Plan for Victoria.
The project was identified in Victoria’s Housing Statement for delivery through a GAIC WIK agreement. GAIC is a charge developers pay that helps fund essential transport, health, community and education infrastructure in Melbourne’s growth areas, helping ensure growing communities have access to the infrastructure and services they need close to where they live.
A GAIC WIK agreement allows a developer who needs to pay, in this case Stockland, to provide land or deliver agreed infrastructure works instead of making a cash payment to meet some or all of its GAIC liability.
Contacts
Victorian Planning Authority
136 186
info-vpa@transport.vic.gov.au