The rejuvenation of Manuka is another step closer as Morris Property Group officially invited Canberrans to register expressions of interest in their high-end property development on Wednesday (11 September).
Known as Renaissance Manuka, the development is aimed at residents who want to downsize into quality-designed accommodation without having to move from the local area, as well as those who have long wanted an opportunity to live in the Manuka precinct.
Located on the site of the old Stuart Flats, the development will cover three parcels of land located on Captain Cook Crescent, Stuart Street and Light Street, Griffith.
Morris Property Group is proposing to build 414 dwellings across the three blocks, as well as a childcare centre, health facility and basement parking. The buildings will range from three to six storeys and include a mix of one, two and three-bedroom properties.
Planned to proceed in three stages, the first release of 100 apartments located at the top of Light Street will have views to the north over St Paul’s Anglican Church towards Manuka Oval, as well as park views and views of Griffith.
Stage two will comprise a further 284 apartments on Captain Cook Crescent, and will include the childcare centre and medical centre.
The final stage sits at the base of Light Street park, looking back to Stuart Street.
Morris Property Group purchased three of the four former Stuart Flats housing sites at auction for $55.6 million in March. Following extensive community consultation, the group expects to lodge a development application in October.
Morris Property Group director of sales and marketing Slade Minson said the company is excited to be undertaking such a significant urban renewal project in Manuka.
“Morris Property Group has a long-held interest in the area. Our CEO, Barry Morris, was behind the original Manuka Plaza development in the late 1990s and the Morris family home is just up the road.
“This is an important site for Canberra’s Inner South and Renaissance Manuka will be a quality development reflecting its importance.
“Renaissance, being French for rebirth, perfectly captures our vision for this significant location and we look forward to delivering a vibrant mixed-use precinct for all of Canberra,” Slade said.
Demolition of the former public housing flats commenced mid-year and is expected to be completed in November. Construction of the first stage of 100 apartments is anticipated to start in February with completion due about 18 months later.
The official public launch of the development is on Saturday, 5 October and will include an interactive display that will remain open to the public.
Register your interest at Renaissance Manuka.