MORE LAND RELEASED AT KELVIN GROVE URBAN VILLAGE

Published Thursday, 12 October, 2006 at 03:54 PM

Others
The Honourable Robert Schwarten

The Queensland Government is calling expressions of interest for the sale and development of two more multi-unit residential sites at Kelvin Grove Urban Village.

Public Works and Housing Minister Robert Schwarten said a marketing campaign would start on Friday for two sites fronting Victoria Park Road and Grey Gums Park.

“The sites, Lots 35 and 36, are being offered for development individually or combined,” Mr Schwarten said. “The Housing Department has engaged Colliers International to market the sites, with expressions of interest closing December 15.”

Mr Schwarten said Lot 35 was a 3979 sqm site with a potential gross floor area (GFA) of 5969 sqm, while Lot 36 was 1437 sqm with a GFA of 1724 sqm.

He said the sites were being released by the Department of Housing as part of its program to progressively sell down its land holdings in the Urban Village.

“The government kick-started the project in 2000 with the acquisition of the Army’s former Gona Barracks fronting Kelvin Grove Road,” Mr Schwarten said.

“Since then, the Kelvin Grove Urban Village has been developed under a master plan that has seen residential, educational and commercial projects undertaken by project partner QUT, the Brisbane Housing Company and a number of private developers.

“Together with the Department of Housing, they are all contributing to establishment of a world-class inner-urban community. The master plan is ensuring that all projects in the Urban Village meet guidelines for environmentally sustainable development.

“The 16-hectare Village is just 2kms from the CBD. It has established transport links including the Inner-City Bypass and Inner Northern Busway and is close to major facilities such as QUT, the Royal Brisbane and Women’s Hospital, as well as recreational and leisure facilities and activities.

“Another plus is the state-of-the-art information and communication technology network throughout the Village.

The KelvinGroveUrbanVillage is a joint initiative by the Department of Housing and QUT to develop a quality inner-urban residential, commercial, retail and educational precinct on 16 hectares of land, a large part of which was previously off limits as part of the former Gona Barracks.

Other developments completed, underway or in design at the UrbanVillage include:

·the $150 million Village Centre being developed by Indigo and containing 213 apartments as well as a supermarket, specialty shops, cafes and restaurants, due to open next week,

·a 48-unit development by the Pask Group,

·a 32-unit complex by the Vintage Property Group,

·the Village Edge unit and townhouse complex by the Badcock Wright joint venture,

·Education Queensland’s Creative Industries Smart Academy, which will offer accelerated learning opportunities for Queensland brightest school students through the International Baccalaureate Diploma program,

·a 450-bed managed student accommodation complex by Campus Living,

·four affordable housing projects by the non-profit Brisbane Housing Company, and

·an 84-unit project for seniors accommodation by SunnyCove Limited.

“More than 50% of land in the precinct is now under development or earmarked for similar residential, commercial, educational or recreational projects,” Mr Schwarten said.

More information at www.kgurbanvillage.com.au

Media contact: 3237 1832