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| Landcom’s vision is
to “take the lead in creating better communities”.
Our focus includes adding value to a portfolio of strategic
and complex projects that result in high-quality urban
developments and demonstrate best practice in social,
environmental and economic sustainability. |
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| INTRODUCTION |
| Landcom was established in 1975 as the Land Commission
of New South Wales. Today it is a government-owned property
developer operating in a commercially competitive environment.
Landcom’s heritage, and its present and future,
allow the Corporation to maintain strong links with both
government agencies and the private sector. |
|
| The organisation’s traditional focus has been
on developing serviced residential land for new homes
in fringe metropolitan locations. It remains a significant
player in this market, but its operations have expanded
to include urban renewal projects. While Landcom’s
focus is on the residential sector, it is not limited
to this market. Its activities include commercial and
industrial projects. In 2003/2004, Landcom released for
sale a total of 2,237 homesites, apartments, townhouses
and house/land packages – up from 1,946 last year. |
|
| Landcom has a competitive edge in dealing with all the
time consuming and expensive processes necessary to “create
a site”, influence its infrastructure and realise
the full potential of our State’s land. Part of
our mandate as an arm of government is to lead by example,
influence our industry, set benchmarks and drive change
for better outcomes. We feel at our best when we can find
solutions to those complex projects that private developers
cannot or will not undertake. |
|
| On 1 January 2002, Landcom was established as a State-Owned
Corporation, constituted under the Landcom Corporation
Act 2001. Today, Landcom’s value to government lies
in its ability to: |
|
| – Take on strategic and/or complex projects in
which the private sector may be either unwilling or unable
to become involved. |
|
| – Deliver more positive development outcomes
by facilitating creative partnering arrangements on selected
projects between government and the private sector. |
|
| – Use its trusted position in government and in
the development industry to create high-quality urban
developments that demonstrate leadership and best practice
in key areas of excellence (such as urban design, sustainability
and affordability). |
|
| Landcom is a major developer in the Sydney residential
market and plays a significant role in most of the major
release areas planned for the metropolitan area. These
include: |
|
– Bringelly Release Area, Camden and Liverpool
– Edmondson Park Release Area, Liverpool and Campbelltown
– Second Ponds Creek, Blacktown
–
Spring Farm Release Area, Camden
– Menangle
Park Release Area, Campbelltown
– Orchard Hills
Release Area, Penrith
– South Hoxton Park Release
Area, Liverpool
– Rouse Hill Regional Centre,
Baulkham Hills Shire. |
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| BUSINESS
MANAGEMENT STRUCTURE |
| Overall control of Landcom is exercised by the Corporation’s
Portfolio Minister (the Hon. Carl Scully, MP), in conjunction
with two Shareholder Ministers (the Hon. Michael Egan,
MLC and the Hon. John Della Bosca, MLC). The Shareholder
Ministers represent the interests of Landcom’s wider
shareholder base, the people of New South Wales. |
|
| A skills-based Board of Directors oversees Landcom’s
day-to-day operations. The Board evaluates the work of
the Corporation on behalf of its Shareholders. The Board’s
key responsibilities are to set Landcom’s strategic
direction, to establish its major objectives and to ensure
the integrity of its operational and financial statements.
Further details of Landcom’s corporate governance
arrangements can be found in the 2004 Annual Report. |
|
| During 2003/2004 Landcom’s Board comprised the
following Directors: |
|
William Kirkby-Jones AM (Chairman)
Sean O’Toole (Managing Director)
Neil Bird AM
Penny Morris AM
Chris Carroll
Gae Raby
Robyn Clubb (appt. Dec 2003). |
|
| Landcom employs about 125 people across four business
divisions. Managing Director, Sean O’Toole, heads
an Executive team that includes: |
|
Mick Owens, General Manager of Urban Development
Geoff Joyce, General Manager of Urban Renewal
Gregory South, General Manager of Corporate and Finance
David Craig, General Manager of Corporate Marketing. |
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| LANDCOM
SUSTAINABILITY AND POLICY TEAM |
Landcom demonstrates its commitment to sustainability
through
a properly resourced Sustainability and Policy team that
assists the organisation to achieve excellence in Triple
Bottom Line practices. The team’s purpose is to
equip Landcom to lead in quality urban development and
in the creation of socially and environmentally sustainable
communities. It helps Landcom to lead by example so the
organisation can influence practices in the property development
industry and achieve better outcomes. |
|
The major areas we focus on in establishing Landcom’s
leadership are: social sustainability, environmental sustainability,
urban design, moderate income housing, innovation, and
stakeholder relationships
and partnerships. |
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