The ACT government is set to release a large number of new land blocks before the end of the month to meet its land release targets for the financial year.
There were 3440 residential dwellings scheduled to be released over the 2019-20 financial year, according to the government's indicative land release.
The government's Suburban Land Agency has released 3205 this year and the authority is on track to exceed its targets by the end of June, an ACT government spokeswoman said.
The bulk of the blocks set to be released before the end of the month are in Whitlam. Among these are 11 multi-unit blocks, 94 residential blocks for a display village and 140 affordable housing blocks. The blocks would amount to 421 dwellings.
Twenty-three blocks in Taylor are also set to be released, as well as one Tharwa block - this follows the release of four blocks in the village earlier this month that have already sold.
Non-residential blocks include an aged care centre in Gold Creek and four industrial sites in Hume.
Community facility sites in Wright, Gungahlin Town Centre and Taylor that were set for release this year have been delayed due to the coronavirus pandemic, the spokeswoman said.
"COVID-19 has affected the ability of the Suburban Land Agency to undertake community consultation which has delayed the release of community facility sites," she said.
"Community engagement is planned to help inform the release of the sites. The engagement will take longer than expected and will utilise online platforms for consultation."
But prime development sites taken to market this year failed to sell at auction. These included a block on Melrose Drive in Phillip for 480 dwellings and a car park in Belconnen on the corner of Chandler Street and Swanston Drive for 550 dwellings.
The ACT government releases its indicative land release program as part of its annual budget in June but this was postponed due to the pandemic.
The program forecasts the territory's land releases for the coming four years and work has begun on a new indicative land release program.
"The ACT government is always working on a forward program of land release to make sure the indicative land release program responds to the forecast for the next few years," the government spokeswoman said.
"Some changes to the proposed releases in 2020-21 are anticipated but land releases are proposed to continue similar to the published program."
According to last year's land release, over the 2020-21 financial year some of the releases include an almost 20,000-square-metre site in the Belconnen Town Centre and a site on City Hill. The sites are earmarked for 500 and 350 dwellings, respectively.