Presentation on theme: "THE CLARA PLAN SMART CITIES AND HIGH SPEED RAIL"— Presentation transcript:
1 THE CLARA PLAN SMART CITIES AND HIGH SPEED RAIL Consolidated Land & Rail Australia Pty LtdTHE CLARA PLANSMART CITIES AND HIGH SPEED RAIL
2 We live in a world of rapid change Only a short time ago….
3 20 years ago – 1997 Just a registered domain name Popular programs only just began coming to market
4 10 years ago – 2007 The first iPhone was released Was three years old and was only just released to the public
5 US Population 330m AUS Population 24m TEXAS Australia and United States comparedTEXASUS Population 330mAustralia land mass compared to the USAArea > LandAustralia is ranked 7th at 7.68 million sq km million square milesThe USA is ranked 4th at 9.16 million sq km million square miles, 20% more than AustraliaCoastlineAustralia is ranked 7th at 25,760 km, 29% more than United StatesThe USA is ranked 9th at 19,924 kmAUS Population 24mStats Source:
7 Population GrowthAustralia’s population is expected to rise from 23.3 million in 2015 to 37.6 million by 2050.CLARA will absorb 3.2m new residents, this represents approximately 22% of Australia’s additional 14.3m residents by 2050.Regional Population Growth, Australia,
8 Congestion The total ‘avoidable’ cost of congestion: COST Private Time Source: The Bureau of Infrastructure, Transport and Regional Economics (BITRE) - Traffic and congestion cost trends for Australian capital cities - November 2016COSTPrivate Time$ 6 billionBusiness Time$ 8 billionExtra Vehicle Operating cost$ 1.5 billionExtra Air Pollution$ 1 billionTOTAL$16.5 billion
9 Housing Affordability 20 MOST UNAFFORDABLE HOUSING MARKETS (2017)Source: 13th Annual Demographia International Housing Affordability Survey: 2017‘’Housing affordability is the result of there being insufficient supply of housing. You need to have more supply of housing...putting infrastructure first would result in an increase in housing supply.’’Prime Minister Malcolm Turnbull
10 Median Household Income Housing AffordabilityRank of major markets’ least-affordable cities 2017Least AffordableNationMetropolitan MarketMedian MultipleMedian PriceMedian Household Income1ChinaHong Kong18.1$5,422,000$300,0002AustraliaSydney12.2$1,077,000$88,0003CanadaVancouver11.8$830,100$70,5004New ZealandAuckland10$830,800$83,0005USASan Jose9.6$1,000,000$104,1006Melbourne9.5$740,000$78,2007Honolulu9.4$745,300$78,9008Los Angeles9.3$593,900$63,9009San Francisco9.2$835,400$90,400UKBournemouth & Dorset8.9£265,000£29,90011San Diego8.6$589,300$68,70012London (GLA)8.5£440,000£51,80013Toronto7.7$615,800$79,70014Plymouth & Devon7.1£215,000£30,40015London Exurbs£285,000£40,40016Adelaide6.6$435,000$66,00017Bristol-Bath6.2£255,000£41,20018Brisbane$495,000$79,40019Perth6.1$528,300$87,30020Miami$315,000$51,500“Out of 86 cities across the world with over a million people house prices relative to incomes in Sydney and Melbourne were the second and fourth most expensive.’’Alan Moran, Australian Financial Review 19 Jan 2015Source: Demographia, CLSAC ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD
11 C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD Housing Affordability (2016)Australia vs Global House Price Index 201624019014090340290200020022004200620082012201020142016Global House Price IndexAustralian 8 Capital City House Price IndextripledWhile the Global House Price Index has grown about 50% since 2000, Australian house prices have tripled. Five out of the 20 least affordable cities in the world are in Australia.Source: IMF, CoreLogic RP Data, CLSAC ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD
13 The CLARA PlanCLARA proposes to build eight of the world’s most advanced, sustainable cities and connect them with a High Speed Rail system between Sydney and Melbourne via Canberra.
14 C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD Phase OneMelbourne to the Shepparton Region.Phase TwoSydney to the Canberra Region.Phase One is our proposed leg from Melbourne to the Greater Shepparton Region, a two city phase.Phase Two is Sydney through to Canberra, including two cities out of Sydney and one city out of Canberra.Our final phase is the connection of our HSR and construction of the final three cities. This phase will include the construction of a secondary line connecting Wagga Wagga to Albury/ Wodonga intersecting at CLARA City 5.Phase ThreeCanberra Region with the Shepparton Region.C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD
15 Stage One Stage Two Stage Three Stage Four Stage Five Staging of the CLARA PlanPhase One will consist of the following Five Stages.Stage OneLand Acquisition and Political MandateStage TwoLand Entitlement, Subdivision works and concurrent HSR works.Stage ThreeInfrastructure worksStage FourPost Subdivision and Infrastructure work housing and commercial real estate developmentStage FiveCity built out to reach target population.Cities can be initially developed at a minimum core size, growing to its targeted total population over a 35 year period.Phase One of the CLARA Plan is the proposed leg from Melbourne to the Greater Shepparton Region. This will involve a $13bn high speed rail into northern Victoria and the development of two new cities in the region over 35 years. Phase One can begin by 2021, with our cities connected by HSR and people moving into our cities by 2026.
16 C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD Australian Population GrowthThe 8 CLARA Smart Cities when fully developed will absorb 3.2m new residents, this represents approximately 22% of Australia’s additional 14.3m residents by 2050.Comparing City Populations at 2050 (in millions)123456789CLARA 8 CITIESMELBOURNESYDNEYThe population of Australia is expected to increase by almost 60 per cent to 37.6 million people by Sydney and Melbourne’s populations are projected to increase by 60 to 80 per cent to almost 8 million inhabitants each. Currently Sydney and Melbourne are housing over 40% of the Australian population.C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD
17 C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD Affordability driving CLARA house salesMedian House Prices – Major Australian Markets (AU$ thousands)Median House Prices Q1 2016CLARASYDNEYMELBOURNENATIONAL$500,000$1,032,000$730,000$719,000CLARA Median Dwelling prices and projected at:$532,000 less than Sydney$230,000 less than Melbourne$219,000 less than the national medianThe relative affordability of the CLARA housing stock has been set to serve two distinct purposes:To attract the share of new households to our new cities by pricing dwellings well under the medians of Sydney, Melbourne and the national median home price. AND;To deliver savings that assist to offset the cost of regular HSR usage. We project that more affordable homes means greater disposable income due to low mortgage repayments and that this, combined with off-set petrol and car expenses commuting at present from Melbourne and Sydney, will mean that NO resident living in a CLARA city will be disadvantaged by HSR travel.C ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD
18 all travel cost covered for the first 5 years More than just housing affordabilitySydneyCBDMarrickville$1,620,00010-25minutesAnnandale$1,455,000Randwick$2,150,000Newtown$1,285,000Marsfield26-5051+ minutesBankstown$900,000Castle Hill$1,350,000Liverpool$720,000Penrith$635,000Glenbrook$857,000Picton$662,000Camden$625,000Epping$1,685,000Campbelltown$580,000Parramatta$1,012,000Homebush$1,930,000Chatswood$2,100,000Strathfield$2,225,000Hornsby$1,167,000Oran Park$692,000$780,111$1,669,875$1,627,500CLARA Cities will offer better quality house at$500,000,withall travel cost covered for the first5 yearsThe diagram demonstrates the cost of housing in relation to proximity to the CBD by public transport. What does proximity offer?Short commute to Sydney CBDAdvanced HealthcareAll levels of EducationArts & CultureParks and RecreationRestaurants/ CafesWhat does a CLARA SMART City offer in addition?Imagine new cities where data is open, energy is renewable, water is valued, homes are affordable and people can live within 10 minutes of all they need; cities where world class healthcare meets high tech education; where new and existing businesses will converge to create more vibrant regional economies; cities built to unlock all human potential; cities made possible by high speed rail that can place citizens in our capitals in less time than a morning commuteC ON S OL I D AT E D L A N D & R A I L A U S T R A L I A P T Y LTD
20 SMART Product Management SMART MobilitySMART BuildingSMART EducationSMART HomeSMART EnergySMART SocietyWhat is in a SMART CITY?SMART HealthcareSMART WaterSMART WorkplaceSMART RetailBig DataSMART EconomiesIoTSMART Product ManagementSMART Waste
21 Globally, Smart Cities are now poised to accelerate rapidly Smart CitizensSmart EnergySmart TechnologySmart AgricultureSmart InfrastructureSmart BuildingsSmart HealthcareSmart Gov.&Smart Edu.Contributing to society requires integrated, converged and connected solutions.Number of Patents300200100400‘03‘04‘05‘06‘07‘08‘09‘10‘11‘12‘13‘14‘1525015050450350Using patents as the barometer of innovation, a quick look at these figures show that 2015 was the biggest year yet for smart city technologies. The number of patent publications that directly mentioned the term ‘smart city’ or ‘smart cities’ increased by 80% compared to 2014, reaching over 400 publications.
22 It’s time to imagine cities in a new and dynamic way! Our cities must focus on;LiveabilityCommunityConnectivity – online and offlineSustainabilityAffordabilityMobility
23 JOBSJobs are key to a successful CLARA city. CLARA is already in discussion with large multi national companies about providing a core industry and minimum amount of initial jobs.Creating a scale that will provide organic growth within our cities from day one. There must be jobs for our cities to be successful. We are not building ‘vampire’ cities, cities where everyone evacuates the cities in daylight hours only to return in darkness not knowing their family, there neighbours, affecting mental health and liveability. Our cities are not just cities, they are communities, they are connected communities!We understand new jobs are created by SME’s, however we also understand a core anchor provides the initial 10,000 jobs, this creates a population of approximately 25,000 which in turn may enable businesses such as;ALDI, Woolworths, Coles,A 50 bed hospital,Hospitality,Schools, etc….The Capital Injection of between $8bn to $10bn into any regional area will create an abundance of new and continuing jobs for every new city we create.
24 Jobs There must be jobs for our cities to be successful! CLARA understands new jobs are created by SME’s. However we also understand that a core anchor tenant provide an initial 10,000 jobs which creates a population of approx. 25,000 which in turn supports other business and infrastructure such as;- ALDI, Woolworths, Coles;- A 50 bed hospital;- Hospitality;- Schools.
25 Key Disruptive Technologies Connected mobile devices and supported applicationsObjects transferring data to one anotherData, applications, and services stored, secured, managed, and accessible remotelySystems that generate electricity from non-depleting natural resourcesSimulation of physical presence in a real or imagined worldMechanism of storing ledgers across a network of connected computersSuccessive layers of material formed under computer control to create an objectDevices that capture energy produced at one time for use at anotherDriverless or self-directed machinesReading and writing the genome of organisms, including humansMachines with enhanced senses, dexterity, and intelligenceComputer system capable of generating its own insightsMobile technology and applicationsCloud technology and applicationsVirtual reality3D printingAutonomous vehiclesAdvanced roboticsInternet of thingsRenewable energyBlockchainEnergy storageGenomicsArtificial intelligenceNeed some noted on this Theo?Source: Brookings Institution - UK, US and Japan data from Angus Maddison historical data, measured in 1990 International Geary-Khamis dollars. China and India data from Brookings projections, measured in 2055 PPP dollars.Changing World of Business25
27 WORLD’S BEST HSR OPTIONS SUPERCONDUCTING MAGNETIC LEVITATION TRAIN – JAPAN- Currently the fastest train in the world with a top speed of 603km/h- Commercial speed of 504km/h- At this speed an express train Sydney to Melbourne would be a journey of 1hr minutes.- Sydney to Canberra express would have a journey time 50 minutes and Melbourne to Canberra express would be 1hr
31 What is value capture?Value capture is the use of proceeds from the uplift in value of land that is created by the construction of transport and other infrastructure nearby. Value capture allows for part of the land value uplift to partly or wholly fund physical and social infrastructure.DEFINING VALUE CAPTUREInstrumentGovernment Value Capture- Property and Land Tax- Betterment Levies and Special Assessments- Tax Increment Financing (TIF)Private Value Capture- Land Sale or Land Lease- Air Rights Sale- Land Rezoning- Urban Redevelopment schemes
32 per lot and will be sold for and avg. of Funding the CLARA PlanCLARA hassecured landat under$1,000,per lot and will be sold for and avg. of$150, per lot50,000100,000150,000200,000Value Uplift per Dwelling AllotmentLand CostCivil WorksHSRMarginTotal RevOur work with state and local governments aims to rezone our land, acquire the corridor for the HSR and implement individual local government precinct areas and planning schedules for each city.The development of eight cities will provide CLARA with substantial uplift in the value of the city-site land it holds.The uplift from the land appreciation is sufficient to allow CLARA to fully finance the construction of the High Speed Rail network as well as the subdivision of the land and provision of city infrastructure.CLARA projects 165,000 housing lots per city being built out over years.From each lot, the following funds will be deployed:$80,000 per dwelling allotment for city greenfield subdivision works. Including subdivision costs, major infrastructure, and services connection, they will be ‘Build ready’$35,000 per lot for HSR (HSR on long term financing over fifty years)$1,000 per lot will go to the raw land cost of each city, much of which is already under our legal control.Leaving a margin of approx. $34,000 per dwelling alotment – approx. $5.6bn per city.
33 CONCLUSIONAustralia needs a population strategy! A decentralisation plan! A rebalancing of our settlement!