We're going broke says developer
TWEED Shire will go “broke” unless it gets employment growth happening, according to a major local developer who voiced his warning last week at a major sustainable development conference on the Gold Coast.
The Turning Point 2010 development industry conference was attended by leading developers and town-planning consultants.
Peter Mitchell, who is developing the Industry Central business park east of Murwillumbah, says the shire desperately needs “new residents and developments”.
Mr Mitchell also warned that the Tweed Shire Council and developers must “work together as a team”.
However, Mr Mitchell told the conference at Surfers Paradise that he hoped his industrial estate was “the forerunner to making Tweed a huge industrial service and employment provider”. He said he currently had and hoped to continue to have a good working relationship with the council but warned changes were needed in order for that to happen.
“They have supported me because I will create employment for their region,” he said. “If the shire fails to get employment growth within a couple of decades I think it will be broke.
“It needs new residents; it needs development. We must work together as a team.
“We should try to embrace councils to work as a team rather than us against them.
“On both sides of the fence mistakes have been made.
“But it is time, especially in these harsh economic times, that councils and the development industry work closer together, not just on charges to the development but swift movement of applications.
“If we have swifter approvals then some of the charges can be absorbed as we are not laying idle paying interest on our holdings whilst we wait for approvals.”