Lend Lease has won approval to build a new ACT retirement village 20 km north of Canberra CBD at Isabella Plains. It is their first move into Canberra and they will build 122 homes with starting prices at $390,000. They commence selling off the plan next month and expect first residents to be moving in mid next year. They are heavily promoting the fact that their ILUs will have a minimum seven star ACT House Energy Rating.
DIGITAL EDITION
Think big. Think care campuses.
The gnarly problem: the lack of new ageing accommodation infrastructure over 20 years has hit the Baby Boomer demand bubble. Bad outcomes for old people are accelerating. Planning approval hurdles are cited as the root cause. Delay and bureaucratic...