This article is from the Australian Property Journal archive
Cedar Woods’ $1 billion Laverton airfield redevelopment project, ‘Williams Landing’, has finally received Victorian Government planning approval for a transit oriented town centre and adjoining master planned residential community.
Williams Landing, situated on the former RAAF airfield only 18 kilometres from the Melbourne CBD, is a urban infill project spread over 275 hectares.
For a long time, Cedar Woods struggled with ideas of what to do with the site, however, once completed it will be one of Melbourne’s largest single developments in Melbourne’s west.
Cedar Woods Victorian state manager, Nathan Blackburne said he was looking forward to creating a major town centre and masterplanned community for Melbourne’s west.
“The western suburbs have seen unprecedented growth in recent years and the Williams Landing project will deliver a well located town centre to service existing and new growth areas and accommodate support services for nearby industry,” Blackburne said.
“Williams Landing will be a major employment, retailing and entertainment centre for the west.”
The town centre component of the project has Major Activity Centre designation under the Victorian Government’s Melbourne 2030 planning policy and will accommodate a significant amount of retail, bulky goods and commercial floor space, entertainment uses and residential.
The centre will be integrated directly with a planned rail station and bus interchange.
Surrounding the town centre will be a sustainable master planned residential development accommodating approximately 2000 dwellings and over 16 hectares of parks and sporting facilities.
“This will be a benchmark development for Melbourne in both its design and sustainability. The project consists of 4 distinct neighbourhoods each with their own character and parks linked by a network of paths and cycle ways. Each neighbourhood will be within walking distance of the town centre and rail station or have ready access to bus services that will go directly to the town centre and rail station.”
The property is located directly on the Princes Freeway and Melbourne-Geelong railway line and is only 20 minutes from the Melbourne CBD.
The new rail station was announced by the Government in 2006 as part of Melbourne’s new transport blueprint.
On the back of the good news Cedar Woods closed up 5 cents to $5.25.
Australian Property Journal