Property Prices Power Canberra Projects
JWLand is planning to build 415 apartments across two buildings in Canberra in the biggest stage of its mixed-use development.
It one of many large-scale residential developments on public notification in Canberra as property prices jumped 5 per cent over the past year.
This is the second highest property performance in the nation behind Hobart according to the Australian Bureau of Statistics' September results.
The ACT-based developer obtained the two-hectare site along Northbourne Avenue in the inner-north suburb of Lyndeham in 2017.
The $97 million plans designed by Front Architects show two nine-storey buildings above three levels of basement parking, providing 582 car spaces.
The third stage of the development follows on from 2018 plans for an eight-storey building with 143-units and in April 2020 JWLand lodged plans for stage two with 207 apartments.
The region is part of the Northbourne Housing Precinct with distinctive post war architectural site.
As a result, the design had to incorporate features of the heritage-listed “Lyneham Paired Houses” which are located next to the site.
Simple cubic forms, a limited materials pallet and anodised aluminium windows in white timber frames are part of this design.
There are several major developments ahead of the Environment, Planning and Sustainable Development Directorate that are currently on notice for the ACT.
Maxon Group are planning to build 99 units designed by Judd Studio at 39 Braybrooke Street, Bruce.
Glav Corp have a 152-unit development and commercial tenancies also designed by Judd Studio planned for 51 Hinder Street, Gungahlin.
Meanwhile Hindmarsh is making an amendment to its submission for 419 units in a mixed-use development designed by Cox in Phillip, Woden Valley.
