Macquarie Park will soon be home to Australia’s largest social and affordable housing project. Once completed, the project will boast 3,000 units (including at least 950 social housing units and 128 affordable rental units), parks, two childcare centres, an aged care centre, a high school, and a retail precinct.
On Monday, NSW Premier Gladys Berejiklian announced the successful tenderer for the redevelopment of Macquarie Park’s old Ivanhoe Estate. She said the project (which is expected to start in late 2017) will be delivered in stages over the next 10 to 12 years by a consortium of developers, including Frasers Property Australia, Citta Property Group, and Mission Australia Housing.
The consortium will provide an integrated development of people living in social housing (formerly known as public housing) and residents who own their own homes.
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