|
|
 |
20 July 2010
Delfin Lend Lease Announces Development Agreement for Alkimos, Western Australia
West Australian Lands Minister Brendon Grylls today finalised an agreement between Delfin Lend Lease and LandCorp to progress the first stage and master planning of Alkimos, the largest and most significant coastal development north of Perth in 50 years.
Located 40 kilometres north of Perth’s CBD, the Alkimos Eglinton area will ultimately provide land and homes for a new community of 50,000 people, equating to 40 per cent of the land required in the North-West Corridor over the next 20-25 years.
Announcing the agreement, Minister Grylls said the Alkimos development formed part of the Government’s response strategy to the shortage of housing, particularly in view of Perth’s predicted population growth to 3.86 million by 2051.
Development of the initial 224 hectares at Alkimos is expected to start in 2011 and will include approximately 2500 homes with the first residential land to be released for sale in the same year. The first stage will take up to seven years to complete and up to 20 years to develop the entire 710 hectare community.
It will include a major regional town centre, a coastal village, regional beach, possible marina facilities, substantial public open space and a range of social and community infrastructure.
Mr Grylls said Alkimos offers a unique opportunity for Delfin Lend Lease to partner with LandCorp and set new industry standards for socio-economic and environmental sustainability, with a view towards carbon-neutral living.
“Alkimos will be a coastal development with a focus on environmentally sensitive design, recycled water use, integrated public transport systems, education partnership models and local job creation initiatives,” Minister Grylls said.
“LandCorp and Delfin Lend Lease’s combined expertise will provide a strong framework for the project’s ambitious scope and together they will explore new frontiers in design and innovation,” he said.
“As well as significant contracting opportunities, Alkimos will also provide local employment during and after construction and demonstrates the State Government’s commitment to providing residential land options within the metropolitan area.”
Delfin Lend Lease was selected from a field of local and national developers after a rigorous assessment. Delfin Lend Lease is part of Lend Lease, one of the world’s leading integrated property groups, and is Australia’s largest developer of master planned communities with 25 projects across Australia.
David Hutton, Lend Lease Group Head of Development said Delfin Lend Lease is excited at the prospect of partnering in this innovative project, its first major community development in Western Australia.
“We have a proven track-record in creating award winning communities in Australia and overseas, and look forward to working with the State Government and LandCorp to create a coastal community of national and international significance here in Western Australia,” he said.
“Delfin Lend Lease creates communities through the timely delivery of amenities incorporating a wide range of housing choice, education services, employment opportunities, recreational infrastructure, and community facilities,” said Mr Hutton.
LandCorp Chief Executive Ross Holt said, “We are looking forward to working in collaboration with Delfin Lend Lease to deliver a fantastic outcome that benefits all Western Australians.”
Media contact: Chris Morris - 9213 7000 or 0488 904 791
LandCorp media contact: Marissa Scerri – 9482 7811 or 0439 925 978
Delfin Lend Lease media contact: Dion Warnock - 0406 493 485media
|