Page 2363 - Week 08 - Tuesday, 28 June 2005
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MR CORBELL: On Friday, 20 May 2005, I had great pleasure to announce that the ACT government had selected Delfin Lend Lease-Canberra Investment Corporation as joint venturer for the development of Forde with the Land Development Agency. The consortia Delfin Lend Lease-Canberra Investment Corporation will be known as Forde Developments Pty Ltd and will work as equal partners with the Land Development Agency to create Canberra’s newest suburb of Forde and to create a community that many Canberrans will be proud to call home.
The development of Forde is a 131-hectare greenfield site three and a half kilometres north of the Gungahlin Town Centre. It will deliver economic activity worth at least $500 million to the ACT and will be developed over a six to seven year-time frame.
Through the LDA the ACT government is seeking to bring a new standard of land development to Canberra and to set new benchmarks for quality urban development. This is already being achieved through the very successful LDA estates at Wells Station, in the suburb of Harrison and in the suburb of Franklin and will be further highlighted by the future development of Forde as a joint venture opportunity with the private sector.
Delfin Lend Lease-Canberra Investment Corporation were selected as the successful tenderers following a national call for expressions of interest. By proceeding to joint venture with Delfin Lend Lease-CIC, LDA will deliver to the Canberra community a suburb that will set new benchmarks in master plan design containing the proposed integrated development, combining residential areas with high quality public recreational and community facilities, provision for aged care accommodation, local parks to be integrated throughout the development to create a strong network for pedestrian and cycle access, approximately 1,000 dwellings with many of the blocks situated on north-south orientation and stages themed with reference to the cultural history of the area through the use of public art in the local parklands and open spaces.
In terms of ecologically sustainable development, the innovations include a strong focus on ESD principles, particularly in terms of water sensitive urban design, water reuse and onsite management and an integrated water plan that will utilise storm water to run into a creek to create pond and streams alongside parts of the suburb. The storm water will also be used to water the parklands themselves.
In terms of affordable moderate income housing and housing diversity, the initiative includes a strategy to deliver affordable housing solutions while the design scheme provides for a diverse mix of housing types targeting a range of market needs. Five per cent of the homes to be constructed in the suburb will be targeted for affordable housing, making Forde accessible to a range of buyers.
The partnership also allows Delfin Lend Lease national and global expertise to be combined with Canberra Investment Corporation’s local expertise and existing operational capabilities to ensure that the development of Forde will be managed in the most effective way and set a new standard for residential development in Canberra. I move:
That the Assembly takes note of the paper.
Debate (on motion by Mrs Dunne) adjourned to the next sitting.
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