The Riverview Group has welcomed today’s announcement of its partnership with the ACT Government to develop 4,500 homes in West Belconnen.
The first stage, on land adjacent to Holt and West Macgregor, contains 400 blocks of land with the first 200 blocks of land planned to be available in 2015.
“We’re delighted with today’s ACT Government announcement of the project and look forward to the next phase being the rezoning process,” said Riverview Group Managing Director David Maxwell. “Our aim is to deliver affordable housing. We will offer a range of house and land options from smaller detached dwellings all the way up to larger residential lots. There will be something for all home buyers.”
The West Belconnen development is 13km from Civic and 6 km’s from the Belconnen Town Centre.
UPDATE: Andrew Barr has chimed in, apparently everything’s about “transformation” now:
The ACT Government is continuing its transformation of the Territory by today announcing a major new residential development in west Belconnen.
The Government has entered into a partnership arrangement with locally owned land development company The Riverview Group to construct 4,500 new homes adjacent to Holt and West Macgregor, accommodating about 12,000 people, over the next decade.
It will be a boost for housing affordability and a stimulus for the construction sector.