Affordable housing plans at The Towers in Perth’s Elizabeth Quay scrapped

PLANS for affordable housing at one of Perth’s most sought-after addresses, The Towers in Elizabeth Quay, have been scrapped, stoking fears the revamped waterfront locale will become an enclave for the rich.

Two years ago the WA Housing Authority, then operating under the Barnett government, revealed it intended to spend $20 million buying 38 units in the luxury development, which includes a Ritz-Carlton hotel.

At the time, Housing Authority director-general Paul Whyte said the mostly one-bedroom apartments would be made available through its shared-ownership Opening Doors program and targeted at people with special needs who worked in the CBD.

“As far as Elizabeth Quay is concerned, it’s identified as being an exclusive development, but it is intended to be inclusive,” he said.

The Metropolitan Redevelopment Authority, responsible for planning approvals at Elizabeth Quay, requires all new residential and mixed-use developments to include a minimum 12 per cent affordable housing.

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