Skip to content Skip to main navigation

Property

Own your happy place

Stockland and Doma get nod to build Red Hill Precinct

By Ian Bushnell 5 July 2018 2
An artist's impression of the estate development plan. Photos: Supplied

An artist’s impression of the estate development plan. Photos: Supplied.

The redevelopment of the former Red Hill public housing site is expected to begin later in the year after the ACT Government appointed a consortium comprising leading Australian developer Stockland and Canberra firm Doma as the successful tenderer for the project.

Brokered by the Suburban Land Agency on behalf of the ACT Government for a sale price of $50.13 million, the project would balance social, financial and environmental benefits for Canberrans, a Government statement said.

The proposed ‘village-style renewal project’ will be home to 252 dwellings, including 108 single residential dwellings, and up to 144 multi-unit apartments.

The 53,000 square metre site in the heart of Red Hill is surrounded by cafes, shops, leafy streets and boasts panoramic views across the city.

This artist's impression shows examples of the units to be on offer in the Red Hill Precinct.

This artist’s impression shows examples of the units to be on offer in the Red Hill Precinct.

The Red Hill Precinct forms part of the Asset Recycling Initiative program and the public housing renewal program, with the relocation of tenants completed in mid-2017. Demolition commenced in July 2017 and ended last month.

Minister for Urban Renewal Mick Gentleman said the Precinct would uphold the strong heritage values of its surrounding neighbourhoods while also providing an innovative and contemporary option for people looking to live in the Inner South.

Street names were formally announced in October 2017, continuing the street name theme of Ships and Explorers in the wider Red Hill suburb.

“Doma have proven themselves as an organisation who have a genuine interest in the social and cultural aspects of developing land in Canberra. Likewise, Stockland is an Australian industry leader in developing valuable community spaces. To have Stockland looking at Canberra as a place to develop land is a good indication of how strong the market is here,” he said.

Stockland’s Managing Director and CEO, Mark Steinert, said he was delighted that Stockland had been awarded the opportunity to deliver on the Government’s vision for the prestigious Red Hill project.

“I’m pleased that Stockland has the opportunity to work with the Doma Group on this city-defining development. We pride ourselves on delivering some of Australia’s most liveable homes in the best residential communities, and we’re excited to be re-entering the Canberra market with this opportunity,” he said.

“The ACT Government’s comprehensive work on the precinct’s Estate Development Plan (EDP) and extensive community consultation have laid the groundwork to bring the vision to life.”

An artist's impression of the central park proposed in the Precinct.

An artist’s impression of the central park proposed in the Precinct.

Doma Managing Director Jure Domazet said he was looking forward to collaborating with Stockland in providing significant housing choices for existing and prospective Inner South residents.

“This development is an important milestone in the rebirth of the Red Hill shops precinct, creating a new, low-density neighbourhood village with high-quality architecture capitalising on the views and open spaces.”

The Government statement says the finalised Red Hill Precinct is the result of comprehensive engagement with the local community.

“Since this project was conceptualised, we have been in regular contact with the community to ensure this work would meet their expectations,” Mr Gentleman said.

“This is a great example of the ACT Government speaking to the community, listening to what they have to say, and presenting a fantastic outcome which we can all be quite proud of.”

The tender process drew interest from across Canberra, throughout Australia, as well as internationally.

What’s Your opinion?


Please login to post your comments, or connect with
2 Responses to
Stockland and Doma get nod to build Red Hill Precinct
Filter
Showing only Website comments
Order
Newest to Oldest
Oldest to Newst
A_Cog 1:21 pm 06 Jul 18

I’m with you on the heartlessness and illogical decisions of casting poor folk to the four winds…

… but we may well see a happy accident that by dis-aggregating disadvantage and dumping it into disconnected suburbs without established social networks, there is less substance abuse – and therefore crime.

And we may well see that the communities of home-owning neighbours that the tenants are moved into have near-zero tolerance for anti-social behaviour, and will scream until it is cleaned up, instead of being so used to it as per Red Hill residents that it’s just part of the background and it has never been forcibly fixed.

bj_ACT 2:18 pm 05 Jul 18

So the plan was obviously to send hundreds of Red Hill housing tenants over to the outer suburbs of Canberra and line developers pockets with the money from the sale of prime inner area properties.

The developer should have been forced to provide a set number of public housing places on the site.

What happens Instead, is the limited services and facilities for the public housing tenants moved out to Tuggeranong, West Belconnen and Gunghalin will be trying to clean up the mess left behind without the ACT Government providing enough funding to properly manage the change.

Related Articles

CBR Tweets

Sign up to our newsletter

Top
Copyright © 2018 Region Group Pty Ltd. All rights reserved.
the-riotact.com | aboutregional.com.au | b2bmagazine.com.au | thisiscanberra.com

Search across the site