Australia: Developer Doma Group is planning a four-building development on a Canberra site purchased for $12.5 million from the ACT Government.
The site, on the corner of Melrose Drive and Corinna Street, is Zoned CZ2 for a variety of uses including multi-unit housing, hotel accommodation, serviced apartments and shops, and was billed by the Suburban Land Agency as being part of the urban renewal phase of Woden Town Centre.
It can carry a maximum of 480 dwellings, but must include 74 affordable, 10 public and five community housing units.
Doma general manager for development Gavin Edgar said the current masterplan includes three apartment buildings with 480 dwellings and an office building of between 15,000-20,000 square metres.
