1. Urban renewal: challenges and opportunities A presentation to Places Victoria and VPELA 19 November 2012 Brendan Lyon Chief Executive Officer

2. Planning

3. Funding Property values increase as a result of proximity to new transport infrastructure. Value capture mechanisms enable government to access a portion of this property uplift. New revenue can be directed to funding growth infrastructure.

4. An enabling institutional and governance framework is required to support Victoria’s population growth A lead agency, equipped with planning and implementation powers must be designated. Governance

5. Thank You