New competition for villages and LLCs? Developer puts forward plans for $150M integrated retirement living development in Brisbane

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Known as Lamington Markets, the 7333sq m site in Lutwyche, 5km north of the CBD, will feature two towers with 134 units as well as healthcare services, a hotel, cinema, respite care and retail.

Architect Conrad Gargett describes the mixed-use development – proposed by new entrant Marketplace Developments – as “one of the first truly integrated, future-thinking developments built to accommodate an increasing ageing population in Queensland”.

“Level two includes an urban farm. The project incorporates market retail, SoHo housing, cinemas, commercial spaces, and a residential apartment mix, we see it as becoming the heart of Lutwyche,” Conrad Gargett’s John Flynn told The Urban Developer.

According to the architect, the development was originally not meant to include retirement living but caught the attention of village operators with accommodation options added to the application to include senior’s housing.

The apartments will be sized and planned to ‘universal design’ requirements to ensure easy access for people with mobility issues and designed to be retrofitted with home support fixtures to allow residents to age in place.

The project currently has little competition for the local market. As we reported here in December, RetireAustralia is currently reviewing plans for its first apartment-style development Fancutts Retirement Living in the suburb following “feedback from the market”.