large scale developments - lend lease experience

Large Scale Development - Through Different Eyes

July, 2016

2LARGE SCALE DEVELOPMENT – THROUGH DIFFERENT EYES

OVERVIEW

Historical PerspectiveStakeholder AlignmentTrigger Points

3

Large scale development is not unprecedented in scale, but by the

technological inputs and desired

outcomes.

Historical Perspective

4

Stakeholder Alignment

LARGE SCALE DEVELOPMENT – THROUGH DIFFERENT EYES

• State / Federal Government

Local Government

Developer

5

Stakeholder Alignment

The key stakeholders typically needed to initiate large scale development all have vested interest in a successful outcome:• Jobs and investment• Vital infrastructure upgrades• Certainty of outcome

LARGE SCALE DEVELOPMENT – THROUGH DIFFERENT EYES

6

Trigger Points- what are they

and why are they important?

7In an ideal world… LARGE SCALE DEVELOPMENT – THROUGH DIFFERENT EYES

Construct

and Deliver

Detailed

Design

Master

Planning

Feasability

Study

Finance

Approvals

Contract

8But as we understand LARGE SCALE DEVELOPMENT – THROUGH DIFFERENT EYES

Delays

Curve Balls

Road Blocks

Ingenuity Review and Refinement

Trigger Point

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Its up to traffic engineering professionals to educate stakeholders, so debate is informed and constructive, leading to outcomes that fulfil or exceed the original vision

Why are they a problem?

They seem so logical and easy to define, but;• Only as good as the input data and

model they come from• Limitations not well understood• Source of tension and delay• Can actually reduce certainty• Not future proof

• Changing habits (e.g. bicycles)• Uber• Driverless cars• Smart cities

LARGE SCALE DEVELOPMENT – THROUGH DIFFERENT EYES