THE McGowan Government has selected Peet Limited as the preferred proponent to partner with the Housing Authority in developing a 220ha site at Lot 800 Youle-Dean Rd, Brabham.
Housing Minister Peter Tinley said the Brabham project, 22km from the city centre, would be a major transit-oriented development linking the Swan Valley to Perth.
Mr Tinley said the Brabham development expected to provide for schools, neighbourhood shops, recreational areas and more than 3000 dwellings was part of the McGowan Government’s Metronet transport project.
“This is a significant boost to the stock of affordable housing and aligns to the government’s plans for Metronet, with plans for a station at Whiteman Park by 2022,’’ he said.
In a statement he said Brabham would offer a modern, diverse and sustainable community and maintain continuity of affordable and social housing in Perth’s north-east corridor.
“While commercial negotiations are not yet concluded, this is a significant development and will see housing lots come to market in the next two years.”
He said the Housing Authority would now invite Peet into final negotiations of the contract.
“During this phase, it will consider Peet’s detailed proposal including project delivery, design, commercial terms and structuring.
“A formal agreement is anticipated by December 2017 with construction starting in 2019. “Overall economic activity is estimated at $2.32 billion.
“It is expected to create more than 1900 direct jobs and generate activity in 5900 indirect jobs.
“Peet is a well-established, well-recognised developer with successful developments in WA, including award-winning developments at Wellard and Golden Bay.’’