Development Victoria, the Victorian Government’s property developer and major projects agency, has supported the delivery of 151 new social housing homes at Parkville Gardens, confirming its commitment to creating high quality housing opportunities for Victorians.
The new social housing development marks the completion of Stage 9 of Parkville Gardens, which has been achieved through a partnership between Development Victoria, HousingFirst and Village Park Consortium (a joint venture between Citta Property Group and Frasers Property Australia).
The $61 million Stage 9 development is the latest stage of the Parkville Gardens development and comprises 151 high quality social housing units, which are integrated with existing private housing in this prime inner-city location.
Penny Forrest, Group Head of Housing at Development Victoria, said Stage 9 at Parkville Gardens has delivered much-needed social housing.
“The Parkville Gardens project is a great example of the private and public sector working together to deliver homes in an inner-city location for a range of Victorians, including social housing apartments, alongside private homes,” she said.
The one and two-bedroom homes on Galada Avenue are modern and energy efficient, meaning renters from the Victorian Housing Register will be warm in winter and cool in summer while saving money on their power bills.
“Stage 9 at Parkville Gardens is testament to the vision and courage of the Victorian Government and the tenacity of the developing partnership between HousingFirst, Citta Property Group and Frasers Property Australia,” said HousingFirst’s Acting CEO Clive Bowden.
Each household has a private balcony and access to large communal spaces, which will also be a hub for community development activity. They’re already reaping the benefits of the high-quality design and build standards.
Residents will also benefit from strong links to public transport, parklands, employment precincts and a wide range of public and private services, including shops, schools, hospitals and places of worship.
The Parkville Gardens project has delivered a high-quality residential precinct comprising a mixture of houses, townhouses and heritage building apartments, together with medium and high-density apartment buildings.
The project has delivered 1,252 dwellings to date, including 333 social housing dwellings, with three stages of the development still to be delivered. The redevelopment also includes the retention and refurbishment of heritage buildings and the creation of wetlands and new parklands.
When complete, Parkville Gardens will include approximately 1,600 dwellings, with a minimum of 20 per cent dedicated social housing.
“We congratulate the Victorian Government and HousingFirst on the completion of these new homes for Victorians, and offer a very warm welcome to the newest members of the Parkville Gardens community,” a spokesperson from the Village Park Consortium said.
Our collaboration with the State Government on these new homes has delivered a great outcome. The people that live in these new homes will have the opportunity to fulfil their potential, connect with people in the neighbourhood, and have easy access to education, transport, jobs and services in the area.
The Victorian Government committed to funding Stage 9 of Parkville Gardens under the Social Housing Growth Fund - Build and Operate Program, a program that offers financial assistance to community housing agencies for up to 30 years, to construct and manage housing on non-government-owned land.
The delivery of Stage 9 was also made possible through a $6.2 million investment from Development Victoria.
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View allUpdated on 16 April 2024