Powered by MOMENTUM MEDIA
realestatebusiness logo
Powered by MOMENTUM MEDIA
realestatebusiness logo
Subscribe to our newsletter SIGN UP

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Perth set for record development

20 January 2010 Reporter

Lend Lease has today won a tender to build Perth's biggest community development.

The development will include more than 10,000 dwellings over 710 hectares and take more than 20 years to complete.

The final development agreement between Lend Lease and government authority LandCorp is expected to be finalised in approximately three months with construction to start shortly after.

The development will be undertaken in stages, the first of which will consist of 2,500 dwellings and is expected to cost more than $400 million.

Advertisement
Advertisement

Lend Lease chief executive officer and managing director Steve McCann said the new Alkimos community would set benchmarks in sustainable community development through a range of initiatives including environmentally sensitive design, recycled water use, education partnership models and local job creation initiatives.

“Lend Lease brings an enviable track record for partnering with governments and landowners to deliver master planned communities that lead the way in community creation,” Mr McCann said.

Perth set for record development
default
lawyersweekly logo
FROM THE WEB
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?
REAL ESTATE BUSINESS NEWSLETTER
Ensure you never miss an issue of the Real Estate Business Bulletin. Enter your email to receive the latest real estate advice and tools to help you sell.