Investigations are underway into the potential for affordable housing on a parcel of land owned by City of Newcastle in Hunter Street.
The strategically positioned site, known as Rail Bridge Row, sits as a junction between King Street, Hunter Street and the Foreshore.
It was purchased by City of Newcastle from Hunter and Central Coast Development Corporation in 2020 with a vision for a mixed-use development with potential for ground floor retail, affordable housing and commercial uses.
Newcastle Lord Mayor Nuatali Nelmes said while the future of the site was still being investigated, affordable housing is central to the discussions.
“With cost of living pressures exacerbating the housing stress being experienced by thousands of Novocastrians, increasing the supply of affordable housing in Newcastle is a key priority,” Cr Nelmes said.
“As part of our vision for the ongoing revitalisation of the CBD, a mixed-use development on this site could help ease the affordable housing shortage, while supporting investment and creating more jobs in Newcastle.
“We are currently working through various investigations and early design options and will soon commence site assessments for the early works and approvals needed to support future development on the site, along with exploring potential partnership opportunities with Community Housing Providers.”
The 4,125 sqm lot at 280 Hunter Street stretches from Brown Street to near the intersection of Darby and Hunter Street and is opposite the Crown Street light rail stop.
Investigations are also assessing whether the site can also enhance the city’s active transport network.
“We’re committed to delivering safe, connected and convenient cycleways across the city,” Cr Nelmes said.
“This site could also provide an opportunity to deliver an important east-west commuter cycleway connection, strengthening Newcastle’s cycling infrastructure while enhancing the sustainability and liveability of our city.”