Japanese-backed developer Sekisui House has revealed its $1.5 billion masterplan vision for Ripley Town Centre in heart of Brisbane’s rapidly growing western corridor.
Ripley Valley, declared a priority development area in October 2010, covers a total area of 4,680ha southwest of the Ipswich CBD.
Sekisui's 40ha masterplan for Ripley Town Centre, the only designated major retail and commercial hub earmarked for the Ripley Valley region, will pre-empt projected growth of the region — approximately 133,000 new residents by 2036.
Tokyo-listed Sekisui House, which is known for its Sydney CBD Central Park mixed-use project with Frasers Property and West Village project in Brisbane's West End, is one of Japan’s largest homebuilders with total projects within Australia valued at over $18 billion.
“As a priority development area, we know the Ripley region is rapidly expanding, with housing and infrastructure in demand,” Sekisui House Australia chief executive Toru Abe said.
“This masterplan vision will cater to the varying needs of the current local community, and ensure it is well positioned for the future.”
With the delivery of Ripley Town Centre stage 1 in May 2018, Sekisui is now planning to progress stage 2 which will feature medium to high-rise residential.
The $40 million stage 1 of Ripley Town Centre, constructed by Hutchinson Builders — includes a Coles supermarket, specialty shops, medical centre and office space in a 9,400sq m market-style complex.
Sekisui is now planning to progress Stage 2, which will feature medium to high-rise residential seniors living in a new South Village quarter, as well as an extension of the existing centre for additional retail.
The developer noted that the scheme worked with the "20-minute neighbourhood philosophy" to create a low-carbon community with seamless access to healthcare, education, recreational, commercial, community, sporting facilities and proposed train station all within a 20 minute walk.
“The masterplan vision sets a new benchmark around the notion of community and connectivity,” Abe said.
“The masterplan is flexible in design and provides a foundation for a sustainable community that will last for generations.
“Once complete, this world-class destination will be a shining example of urban construction living harmoniously with nature.”
The vision for Ripley Town Centre, 10km from the historical heart of Ipswich, is for a contemporary, sustainable cityscape incorporating high-rise living and other modern architectural, lifestyle, cultural and environmental concepts.
Unlike most regions, Ipswich still has a healthy, and growing, manufacturing sector worth more than $1 billion a year.
The city has 14 major industrial and business parks and is aggressively targeting national and international logistics, warehousing and manufacturing companies.
Ipswich's Ripley Valley, which began as a mining settlement in the early 1800s, now looks poised for sunlit squares, piazzas, destination parklands and rooftop gardens for the next generation community to socialise and congregate.
“Our vision is to create a low-carbon community where everything you need is at your fingertips, with careful consideration of tree-lined streets, inviting pedestrian walkways, cycle paths and integrated transport options, including the proposed Ripley rail extension,” Abe said.
“We are placing an emphasis on long-term sustainability and life enrichment to ensure Ripley Town Centre is designed to adapt for generations to come and remains the heart of the region.”
The state government has spent upwards of $1.5 billion on major infrastructure items in the western corridor since 2005, and a further $500 million has been announced to support the corridor's growth objectives.
These include the $366 million extension of the Centenary Highway, the extension of the passenger rail line from Darra to Springfield plus the Centenary Highway duplication to Springfield valued at $1.27 billion, as well as a $124 million extension of the Ipswich Hospital.