Chinese-Australian real estate investor-developer Jinding has appointed national civil construction company Winslow to start construction on its 60ha Broadstead project at Kilmore, about a 70km drive north of the Melbourne CBD.
The masterplanned community at 200 Quinns Road aims to deliver 550 “above-average size” lots, a community hub, a primary school, a sports oval and a bus line.
Ultimately, the project will also deliver 11ha of natural open space, complementing existing green space, with its “highly considered landscaping” ensuring connection to “the abundant native flora, established trees, winding waterways and open green spaces” while offering “regional charm and urban convenience”.
Land in Kilmore is more affordable compared to Wallan and surrounding areas, with lots still available in the second stage starting from $360,000, according to the developer.
Jinding general manager of developments Andrew Ashwood said construction commencement was a major milestone for the community and the growth of Kilmore, which will give people the opportunity to live “the idyllic country lifestyle in this serene part of the world”.
“The commencement of construction works at Broadstead provides confidence to our many purchasers that this new community is moving ahead,” he said.
Site works, including the extension of Tootle Street and civil works on the project’s first and second stages will commence this month, while home construction is set to begin mid-2025.
The construction works will also include more than $100 million in infrastructure upgrades such as an extension to McIvors Road, sewer and drainage infrastructure, shared cycling and walking paths, and the preservation of native vegetation.
Jinding and Winslow had worked together on Jinding’s Wollert community, The Patch, for civil construction stages 5-8 in March 2024.
Last month another greenfield developer, TW Projects, announced the acquisition of a 60ha parcel at Broadford to transform the former farmland at Broadford-Kilmore Road into a masterplanned residential community to cater to the region’s growing population of young families.
Jinding also filed plans with the Hume City Council last year for a $228-million residential community in Melbourne’s northern suburbs, which included a 430-lot subdivision, 2ha of green space, a primary school and other community facilities on 29ha of land in Greenvale.