Aveo CEO Geoff Grady (pictured) is moving forward aggressively, repositioning Aveo into the leading village developer in the sector. They have exchanged contracts on two high profile sites to be developed as major new retirement hubs, one in Sydney at the Norwest Business Park and one at Sanctuary Cove on the Gold Coast. Totalling 14.4 ha, Aveo plans to build 740 high quality retirement units/aged care beds with an end value of $380 million. They are expected to come online from 2017. Aveo reports discussions are advanced for a major care operator to deliver a low, high and dementia care facility at the Norwest Park.

Topic - Developments

Seniors housing faces becoming “the roadkill of the NSW planning system”

Two major policies recently exhibited by the NSW Department of Planning, Housing, and Infrastructure (DPHI) could have major implications on seniors housing, said Ethos Urban Director Daniel West. The Weekly SOURCE stated last Tuesday that Daniel...

Topic - Developments

Nine years after talks began, Goodwin to build sixth retirement village

Talks began with Community Housing Canberra, the owner of the land in Downer, in Canberra’s north, in 2015, Goodwin’s chair Liesel Wett said. “We were fortunate to finally reach agreement for the sale of the land in 2020,“ she said. A development...

Topic - Developments

Ingenia Communities’ lodges plan for 565-home land lease resort in Toowoomba, QLD

Ingenia Communities lodged a proposal late last year for a “unique, connected, livable community” on 32ha of land in Highfields, where GemLife is adding 230 dwellings adjoining GemLife Highfields and Carinity is building a $32 million...