This article is from the Australian Property Journal archive
THE Western Australian government’s development agency, DevelopmentWA, has lodged an application for a build-to-rent project to boost long-term housing supply.
The development application for a multistorey build-to-rent project at 195 Pier Street, in partnership with the federal government.
The Pier Street project will be the second BTR project identified through the Housing Diversity Pipeline.
The state government announced its first social and affordable BTR project at the former public housing site on Smith Street in Highgate, as part of its Housing Diversity Pipeline.
“The Pier Street development forms part of the Cook Government’s Housing Diversity Pipeline where we are unlocking lazy government land to bolster the supply of social and affordable housing in WA,” said John Carey, housing and lands minister.
“In partnership with the federal government, the Pier Street redevelopment will help to uplift the eastern end of the CBD, bringing more life, vibrancy and activity into the CBD and surrounds.”
The redevelopment of the Pier Street site will deliver new apartments in a mix of social housing, disability housing and affordable rentals, in addition to the development of a new urban community close to major public transport hubs and local amenities.
“In collaboration with the community housing sector, the Build-to-Rent housing model offers the opportunity to deliver a purpose built, proactively managed residential development which will enhance the housing quality, affordability, diversity and amenity in the Perth CBD,” added Carey.
The design is being led by Hassell Architects and the development application will be advertised for public comment from 19 January 2024.
The development approval is anticipated in late March 2024.
