In July 2007 the NSW Government announced the formation of the Hunter Development Corporation through the merger of the Honeysuckle Development Corporation and the Regional Land Management Corporation.
The Hunter Development Corporation will help facilitate economic growth in the region consistent with the Hunter Regional Plan 2036, a 20-year blueprint for the future of the Hunter.
The vision is to create a leading regional economy in Australia, with a vibrant metropolitan city at its heart. This will be delivered through four goals:
- a leading regional economy in Australia
- a biodiversity-rich natural environment
- thriving communities
- greater housing choice and jobs.
The Hunter Development Corporation will be a key driver in the development and renewal required to meet this growing demand for jobs and homes.
The Corporation will help facilitate development by the private sector on key State land holdings under its control to ensure certainty of investment to the private sector and maximum value for the people of the region and the State.
Key sites include:
- Intertrade Industrial Park, the former BHP Steelworks site.
- Kooragang Island.
- Tomago - former rural land adjacent to the Tomago Industrial area.
- West Wallsend - land formerly owned by BHP on the outskirts of Newcastle and Lake Macquarie.
- The Cottage Creek Precinct in the Honeysuckle Project area.
- The Honeysuckle Precinct where the last stages of the Lee Wharf development are now proceeding.
The Corporation will continue the work of the Honeysuckle Development Corporation in facilitating the development of the remaining harbourside lots in the Honeysuckle project area.