The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
A one-day deep dive on office, retail, healthcare, childcare and alternative sectors
UPCOMING | COMMERCIAL REAL ESTATE SUMMIT
LEARN MOREDETAILS
On Demand

Fireside Chat | Inside GemLife With Adrian Puljich

Building Australia's Newest Airport: Multiplex

The Makers Of The Mondrian | Design, Vision And Delivery Behind One Of Australia’s Most Anticipated Luxury Hotels

Next Gen Now | How Emerging Developers Are Redefining The Game

View All >
Latest News
Real Estate

Redefining Property Management on the Gold Coast and Northern Rivers

Partner Content
6 Min
Plans for 3-7 River Terrace, tweed heads by turner for briscoe hotel group
Placemaking

Briscoe Greenlit for ‘Transformative’ Tweed Project

Renee McKeown
2 Min
Real Estate

How Rising Costs are Rewriting Portfolio Strategies

Partner Content
6 Min
Scape RMIT PBSA
Student Housing

Scape Eyes University Campus Accommodation Takeovers

Leon Della Bosca
5 Min
View All >
Events
Lunch

Women’s Leadership Lunch

Summit

Commercial Real Estate Summit

Summit

Urban Leader Awards

One-Day Course

Property Development Masterclass | Melbourne

View All >
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
SHARE
print
Print
RetailStaff WriterMon 04 Sep 17

Perth’s $120 million Ocean Reef Harbour Redevelopment

oceanreefhero

Anticipated to begin construction in 2020, the McGowan Government has committed $120 million to the Ocean Reef Harbour redevelopment which will get underway after decades of deliberation.

Ocean Reef is situated 35 kilometres north of Perth's CBD within the City of Joondalup which according to census data has a current population of about 168,000 and $278 million of building approvals in 2016. Construction is Joondalup's largest employment industry.     

According to Joondalup mayor Troy Pickard, the city has seen massive growth and change over the last two decades and is ready to support the Ocean Reef Harbour redevelopment.     

“The development will service the local community and attract visitors and tourists well into the future as well as adding to the social fabric of the City of Joondalup. [A number of] development sites in the city centre have scope for expansion.

“And work continues towards making the city centre an attractive and viable proposition for investors and developers.” Pickard said.

The McGowan Labor Government have supported Pickard’s sentiments with ambitions to transform the existing Ocean Reef Boat Harbour into a world-class waterfront precinct, creating hundreds of jobs in the northern suburbs.

"After years of neglect by the Liberal National government, as Premier, I'm looking forward to seeing this northern suburbs project finally get underway and provide a boost to our local economy.

"Ocean Reef Marina represents a rare opportunity to transform existing facilities into a world-class tourism and recreational facility, providing a major boost to jobs in the northern suburbs.” Premier McGowan said.

The State Government would seek more than $500 million in contributions from private investors and Commonwealth funding and have started by pledging $35 million to be allocated from the 2017-18 State Budget.

The new Ocean Reef Marina has been designed with the intentions of developing the area into a thriving hub for tourism, jobs and new diverse housing options, including apartments, retail and commercial developments.

According to Lands Minister Rita Saffioti, Ocean Reef Marina is a medium to long term commitment to create hundreds of jobs and provide valuable infrastructure where people live.

"In addition to more than eight hectares of public open space, there will also be space made available for existing community facilities to use." Saffioti said.

In 2009 the City of Joondalup presented the people of Ocean Reef and the surrounding suburbs with the concept 7 development plan. Out of a total of 12,000 survey respondents, an overwhelming majority - 93.9% - were in favour of developing the site and 95.6% approved of the concept plan.

The State Government's LandCorp will lead the development, working with the City of Joondalup to deliver the project, including the finalisation of all planning requirements and an environment review.

The Ocean Reef Harbour redevelopment is expected to be finished by 2029.

RetailInfrastructureAustraliaPolicyPlanningPlanningPolicy
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
TOP STORIES
Sud-slingers are back in action in 2025, with the Sydney market recovering after years of disruption.
Exclusive

Sydney Pub Market Rebounds After Post-Covid Lows

Patrick Lau
5 Min
Gelephu Mindfulness City: Bhutan how a city of the future is planned
Exclusive

Bhutan’s Mindfulness Masterplan Resetting How Cities Work

Renee McKeown
8 Min
Long Bay Correctional hero
Exclusive

Time to Rethink: Fresh Bid to Unlock Prison’s Prime Site for Homes

Clare Burnett
7 Min
Inside NSW Housing Divide-Mosman
Exclusive

‘The Machinery Underneath is Broken’: Inside NSW’s Housing Divide

Vanessa Croll
9 Min
Exclusive

Queensland Decade of Gigaprojects a Developer’s Goldmine

Phil Bartsch
5 Min
View All >
Article originally posted at: https://www.theurbandeveloper.com/articles/perths-120-million-ocean-reef-harbour-redevelopment