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Lendlease Commences Construction on $4.7 billion Master Planned Community in Townsville

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Lendlease have commenced construction at Townsville’s masterplanned development, Elliot Springs.

The project will have a value of $4.7 billion over a 40 year timeframe and will open up 239 jobs within the first three years.

Located 15 kilometres from Townsville CBD, Lendlease celebrated the construction launch with Minister Assisting the Premier on North Queensland Coralee O’Rourke, Assistant Minister for Transport and Infrastructure Glenn Butcher, and Deputy Mayor Les Walker.

The community will be home to over 26,000 people and builders from the region will construct approximately 10,000 to 13,000 homes by the year 2057.

The Palaszczuk Government has given the new community a kick start, committing $15 million in catalyst funding to build vital water, sewer and roads infrastructure, forming part of the Government’s Catalyst Infrastructure Program to initiate investment in urban infrastructure.

Lendlease Regional Development Manager for Elliot Springs Simon Walker said the State Government’s Catalyst Infrastructure Program was a great initiative for major projects such as Elliot Springs.

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Left to right: Assistant Minister for Transport and Infrastructure Glenn Butcher, Scott Stewart MP, Aaron Harper MP, Deputy Mayor Les Walker, Lendlease Regional Development Manager for Elliot Springs, Simon Walker and Minister Assisting the Premier on North Queensland Coralee O’Rourke.

“This funding is allowing us to deliver water, sewer and road infrastructure needed to commence the project providing great economic opportunities for the region," Walker said.

“Elliot Springs will provide housing choices for different lifestyles and budgets as well as generate valuable jobs for the city during construction and as the community evolves."The integrated community will incorporate residential, commercial and employment zones, education facilities including primary and high schools, retail areas, neighbourhood centres, convenience shopping and cafes all within easy distance of major employment including Lavarack Barracks, James Cook University, and Townsville Hospital.

Elliot Springs is also set to include a 57-hectare enterprise park for commercial, technology, business service, and light industrial purposes.

Its proposed retail precincts will take up approximately 21 hectares.

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Article originally posted at: https://https://theurbandeveloper.com/articles/lendlease-pops-cork-1609-hectare-elliot-springs-community