The State Government is offering developers about 35 hectares of land next to the proposed Karnup Train Station in exchange for building the METRONET infrastructure.
In a first for Western Australia, the State Government is calling on developers to submit proposals for the project.
If accepted, in return, the developer would acquire the 35 hectares of land zoned for urban development adjacent to the station which could be used for new homes, community facilities and public open space.
"This Problem and Opportunity Statement is the first of its kind in Western Australia," Planning Minister Rita Saffioti said.
"We anticipate this will be the first of many Problem and Opportunity Statements that aim to leverage Government land holdings and deliver public infrastructure at minimal cost to the ratepayer."
Minister Saffioti said the focus is to create a community centred around public transport.
"The 35 hectares of underutilised State Government-owned land identified for this precinct is perfect for new homes, community facilities and public open space," she said.
"It invites industry to develop both the land and the new Karnup Train Station, with the Public Transport Authority to ultimately manage and operate the station.
"There is significant demand in this area for a new train station in Karnup, with more than 25,000 people currently living in Karnup and the surrounding suburbs of Singleton, Golden Bay and Secret Harbour with population growth set to continue."
Proposals will need to consider the unique environmental characteristics of the precinct including fauna and flora and incorporate water sensitive design initiatives.
Submissions for the Karnup Problem and Opportunity Statement close on July 17, 2023 and can be made by visiting TendersWA.
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