Community representatives hope the development of a mixed-use precinct on Northbourne Avenue will not contribute to a "glut" of one-bedroom apartments towering above the treetops.
Emma Kelly is Canberra Times reporter.
The development of close to 6500 homes plus a 360-hectare nature reserve will go ahead at West Belconnen.
ACT budget 2016: Rates pain shifts to Canberra apartments and units
ACT government plans to invest more than $2 billion in infrastructure across Canberra over the next year.
Land revenue is expected to jump almost $40 million more than budgeted a year ago.
What makes a community a great one? A Canberra suburb might hold some of the answers.
The Red Hill home of murderer Luigi Costa has sold, after passing in at auction in April.
Interest in Canberra's office space has jumped by 50 per cent in the last year as a number of government and private leases near expiry.
The burgeoning suburb of Moncrieff is set to house another three multi-unit projects and an extra 33 townhouses.
Another nine blocks were auctioned Thursday night, marking the early days of sales process that could take years.