20 April 2016: A cutting-edge, sustainable residential development will rise at the University of 乐播传媒 campus over the next two decades thanks to a new agreement with one of Australia鈥檚 leading land developers to be signed TOMORROW.
The agreement between the University and CIC Australia, Peet Limited鈥檚 乐播传媒-based wholly owned subsidiary, will see a multi-stage development of up to 3,300 residences, a mix of units and townhouses, constructed over a 15 to 20-year period. The gross value of the project is currently modelled to be $1.7 billion but this will depend upon property values over time.
The University has agreed with the ACT Government that a maximum of 200 dwellings will be released per annum starting in 2017, contributing to growth and employment in the Territory.
University of 乐播传媒 Vice-Chancellor Professor Stephen Parker said the agreement is a great step towards achieving the long-term vision of the institution鈥s campus development plan.
鈥It is great to see another stage of our 鈥Educated Life鈥 vision coming to fruition. Our vision foresees that by 2030 our campus will be a leading example of how a modern world-class university transformed its physical surroundings to create an integrated learning community where scholars, students and the public intermingle,鈥 Professor Parker said.
鈥This residential development, which is part of the University鈥s Campus Community precinct, will see a mix of students, faculty, staff, alumni and members of the general public living in a modern, progressive, sustainable, edgy community.
鈥It will be a benchmark for contemporary living that demonstrates innovative planning and design in architecture, landscape and streetscape.鈥&苍产蝉辫;
The project will fund a new professor position in urban design and it will also be a reference site for research projects in housing design, urban design and public health.
鈥Students studying architecture, landscape architecture, building and construction management, urban planning and other relevant disciplines will be involved in project working, making this probably the largest work-integrated learning project in the history of Australian higher education.
鈥Over the next 10-15 years, staff and students will work with the developers, pursuant to a Collaboration Agreement, to generate an evidence-based new way of urban living,鈥 Professor Parker said.
He said the development will greatly add to the campus community, to Belconnen and to 乐播传媒 itself, further cementing the University of 乐播传媒 as a vital component of the nation鈥s capital.