INDUSTRIAL LAND USE STRATEGY - City of Darebin

and provide an increased residential population to support the surrounding retail andservice businesses.6.2.3 Planning Balance SheetThis process can be used to develop a Planning Balance Sheet that sets out the costs andbenefits of each proposal. The following examples are the partial application of theprocess to several rezoning proposals recently before Council.Example 1:Rezoning of factory to residential purposesLarge vacant industrial building in the centre of a larger industrialzone.CostsLikely to result in loss of amenity for other industrialusersLikely to reduce the potential for further industrialinvestmentLoss of main road exposure as an economic assetfor the whole precinctPossible conflicts between residents and industrialusersFragments industrial precinctFew nearby residential services with residentsneeding to drive to nearest servicesBenefitsMore residents for themunicipality, supportingshopping and communityservicesIn this case the costs outweigh the benefits and the rezoning proposal should be refused.Example 2:Rezoning of isolated industrial siteIsolated industrial site with largely vacant premises, surroundedby residential development and parklandCostsLoss of industrial land andpotential economic activityBenefitsLand unlikely to be occupied by new industrialactivity because of poor access and conflict withhousingImproved security and amenity for surroundingresidentsImproved use of local shopping facilities andcommunity infrastructure (parkland)Potential for a high degree of amenity for newresidents because of excellent outlookIn this case the benefits outweigh the costs and the rezoning proposal should be granted.Industrial Land Use Strategy 25