Changes for BTR
& Coliving in the Central Sydney

The City of Sydney is exhibiting amendments to support build-to-rent (BtR) and co-living housing in Central Sydney.

The changes to the Sydney LEP 2012 centre on new floor space incentives for BtR and co-living DAs lodged within 5 years of the changes coming into effect. These incentives generally reflect the bonuses available for hotel developments, and include floor space incentives of either 3.5:1, 4.5:1 or 6:1 for BtR in the CBD, and 1.5:1 for BtR or co-living near Haymarket.

Other minor changes are proposed relating to BtR (i.e. parking maximums, ground level restrictions, etc.). Importantly, it is clarified that the 'Tower Cluster' uplift of 50% bonus FSR is not available for BtR.

The broader housekeeping amendments proposed by the City are yet to be exhibited.

Exhibition for comments on these changes closes on 14 May 2024, and the Beam team is available to discuss any of these changes in further detail.

The changes can be viewed here.