LandCorp releases development opportunities to boost WA economy and jobs

 

At an industry breakfast this week the State Government showcased more than 30 of LandCorp’s commercial, residential and industrial projects available for investment across metropolitan and regional areas.

 The State Government invited the private sector to invest in a variety of precinct-scale project opportunities aimed at job creation, delivering better communities and supporting the funding of METRONET.

 The event highlighted three new major lots with potential for aged care, quality mixed use infill and residential development close to public transport links.

 The three strategic sites that were released to the market include: Shoreline at Cockburn Coast, Claremont on the Park and Parkside Walk in Jolimont. The three sites will have a total value of $122 million and are anticipated to deliver 191 new homes once completed.

 The release of Claremont on the Park Lot 6 is set to open up a unique development opportunity at the highly sought-after precinct.

 “In bringing this lot to market, we are seeking a proponent that will specifically deliver housing to cater for Perth’s ageing population,” LandCorp CEO Frank Marra said.

 In a statement, the Minister for Transport; Planning; Lands Rita Saffioti said:

 “Once completed, the 30 transformational projects on offer have the capacity to generate thousands of new jobs for Western Australians,

 “In addition, the diverse range of high-quality land lots unveiled today by LandCorp will boost economic growth and create vibrant new communities to support our growing population,” Minister Saffioti said.