Urban feasibility model
The Urban feasibility model (UFM) is a software application developed to assist the NSW Department of Planning and Environment in delivering the Metropolitan Plan for Sydney 2036 by providing tools for evidence-based LEP plan-making and assessment.
The UFM calculates housing and employment capacity and the economic feasibility of development at the site level. Through simulation, the UFM can be used to forecasts the location, type, density and timing of development under different LEP planning and property market scenarios.
Put simply; the UFM is used to simulate the viability of;
What can be developed under a LEP?
Is it economically feasible to develop?
If not, will it be feasible in the future?
What will be the impacts of the development?