Morris Property Group have plans to transform dilapidated public housing flats into a mixed-use development project with more than 400 apartments in Canberra’s inner south.
The $300 million proposal will see a total of 414 apartments delivered across three sites with a maximum building height ranging between three and six storeys.
The redevelopment involves demolition of the existing Stuart Flats buildings, a four-storey public housing development constructed in 1959, located five kilometres from Canberra’s CBD in Manuka.
Morris Property Group, established in 1978 and led by Barry Morris, snapped up the Manuka site from the ACT government for $55 million last month.
The developer says that the site’s size, shape and topography supports a mixed use development with a variety of accommodation types and commercial uses.
“Morris Property Group is committed to delivering the Stuart Flats urban renewal project in a way that is sensitive to Manuka’s existing character, heritage and enriches the suburb by introducing high-quality architecture,” the group said.
The biggest of the Stuart blocks totals 12,080sq m (block 24), the remaining two blocks span 4514sq m (block 39) and 2163sq m (block 6) in size.
Current plans will see the delivery of 414 residential dwellings, with a mixture of one, two and three bedroom apartments, a child care facility, a health facility and landscaped open spaces.
Redevelopment of the site, which is zoned RZ5 – high density residential under the Territory Plan, will take place over the three parcels of land located on Captain Cook Crescent, Stuart Street and Light Street.
The property group is currently following the pre-DA community consultation guidelines before lodging the development application in July.
Construction is expected to start in 2020 subject to approvals.