25 October 2009

Is Downer now under construction?

| moneypenny2612
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You know a suburb is ‘hot’ (in real estate parlance) when new multi-dwelling unit developments start popping up.

Yesterday, I spied from my bus seat, a sign at the CREEDA Business Centre, Downer (on the corner of Bradfield and Frencham Streets) indicating that the Independent Property Group is bringing little concrete boxes at premium prices (they call them ‘townhouses’).

Is this part of the ACT Government’s master plan for ex-school sites? What will happen to the CREEDA Business Centre?

Or are the derelict shops being re-developed instead? I couldn’t tell from where I sat. A while ago there was a really ugly multi-storey commercial development proposal for the shop site. Not sure what’s happened to that.

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This is old news. The old shops site has been there for ages doing nothing with many proposals of what to do with it, one of the main ones being apartments although there has been some opposing residents. Guess they have finally decided to go ahead with it.

VYBerlinaV8_the_one_they_all_copy said :

You have a choice – lots of urban infill or even higher property prices for anything not at the extremities of suburbia. You can’t have both.

I think we are having both. Massive infill and massive prices

Thanks semaj. It would be good to know what is happpening to Downer Shops??? There’s still an “official” blue sign pointing out Downer Shops on Northbourne Avenue. I’d love to have a true local shop again (something like Lyneham or O’Connor Shops would be great but probably highly unlikely)!

Actually, it appears that the sign was put in the wrong place. It’s now been moved to the other side of Frencham St. There was a planning notice put up on the front lawn of the house on the corner there some months ago. I think they are knocking down two houses and putting in units.

So it looks like, as usual, nothing’s happening at Downer shops.

Piratemonkey6:39 pm 26 Oct 09

VYBerlinaV8_the_one_they_all_copy said :

You have a choice – lots of urban infill or even higher property prices for anything not at the extremities of suburbia. You can’t have both.

+1 I would like to be able to afford my own apartment sometime before I am 30 thankyou. Bring on the construction.

Lets remember people, that a small high density city is much easier on the environment then sprawling suburbia.

Portable Storage2:31 pm 26 Oct 09

Thank you for your article on this is very important subject.Very informative and easy read.I think that due to recession the growth of construction has slow down which badly affected the economic development.Hope so i will get the further updates in future.

Thanks,
Portable Storage

icantbelieveitsnotbutter9:53 am 26 Oct 09

taninaus said :

it would be the old shops I think – the Government hasn’t decided on any other uses for the Downer Business Centre there was news covereage saying that was deferred when the old school sites were considered.

correct, it is the old shops

VYBerlinaV8_the_one_they_all_copy8:20 am 26 Oct 09

You have a choice – lots of urban infill or even higher property prices for anything not at the extremities of suburbia. You can’t have both.

it would be the old shops I think – the Government hasn’t decided on any other uses for the Downer Business Centre there was news covereage saying that was deferred when the old school sites were considered.

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