Cockle Creek Precinct
Hunter and Central Coast Development Corporation (HCCDC) owns the land formerly occupied by the Cockle Creek lead and zinc smelter at Boolaroo near Lake Macquarie.
A new direction to enable growth
In August 2019, Parliament passed legislation to transfer lands into Government ownership. This action guarantees the ongoing environmental management of the site into perpetuity and has helped unlock economic and community outcomes for the region.
HCCDC’s role is to manage the divestment of the land and its future use as a commercial, light industrial and housing centre in the region.
We are working with Government’s Waste Assets Management Corporation (WAMC), who are managing the environmental requirements of the land with regulatory oversight from the NSW Environment Protection Authority.
New opportunities for jobs, housing and economic benefit
In July 2020, NSW Government announced two deals to bring Costco Wholesale Australia and Green Capital Group to the Cockle Creek precinct in Lake Macquarie.
In a coup for Lake Macquarie, this development will see Costco bring its first NSW regional operation to the Boolaroo site, injecting $60 million into the local economy and creating 80 jobs during construction and 225 ongoing jobs on completion.
The conditional sale of 54ha to Green Capital Group will enable the creation of more than 500 homes, marking a significant milestone in the transformation of the former Pasminco site and a boost to people looking to live and work in Lake Macquarie.
Proceeds from these deals with Costco and Green Capital will assist us in establishing a fund that enables Government to manage the environmental needs of the lands in the Cockle Creek precinct into perpetuity.
Lake Macquarie City Council delivered an extension of Munibung Road in July 2020 connecting Boolaroo to Cardiff to facilitate these developments.
Rezoning the land
On 10 July 2020, NSW Government announced the fast-tracked the approval of a rezoning proposal at Cockle Creek, paving the way for a business park, light industrial and residential areas in Cockle Creek.
The redevelopment of the area from a former lead and zinc smelter site into a diverse business and residential community represents a significant boost to the region.
The land has been rezoned from R2 Low Density Residential, R3 Medium Density Residential and B4 Mixed Use to B7 Business Park and B4 Mixed Use.
The Greater Newcastle Metropolitan Plan identifies the site as part of the strategic gateway to Greater Newcastle.
The Munibung Precinct is earmarked for urban renewal through increased housing density and mixed use including large format retail and office uses.
The Metro Plan has targets for 1800 new jobs and 3700 new dwellings by 2036.
Managing the environmental needs into the future
The site includes a large containment cell, covering 20 hectares, which has been created to contain the contaminated materials in accordance with EPA requirements.
The containment cell and a water treatment plant require regular monitoring and maintenance. Other environmental protection areas, such as Munibung Hill, need general maintenance, including controlling vegetation.
A Perpetual Care Fund has been established to go towards the cost of managing the land, including the monitoring, maintenance and repair of the containment cell and other environmental protection infrastructure for the long term. Future land sale proceeds will be deposited into the Containment Cell Perpetual Care Fund.