Toowoomba’s Wagner Corporation starts process for new 111-lot subdivision at Kearneys Spring
A powerful and wealthy Toowoomba family has lodged plans for a new subdivision in the city’s southern suburbs. It’s in response to the massive demand for more housing.
Development
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Toowoomba’s most powerful family has put forward plans for a new 111-lot subdivision in a bid to meet growing demand for more housing.
Wagner Corporation, which is owned by the wealthy Wagner family, lodged plans with the Toowoomba Regional Council for a nine-hectare parcel of rural land off West Street in Kearneys Spring.
If approved, the “variation request” will allow the council to treat the land as low-medium residential, paving the way for a subsequent two-stage subdivision.
Company director Denis Wagner said Toowoomba had a shortage of lots close to the heart of the city.
“There is a critical shortage of developable land within what’s known as the priority infrastructure area,” he said.
“It will meet some of the demand — the time is right now, there’s not enough land to meet demand.”
Mr Wagner said the company was planning to develop further land parcels into estates in the near future.
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