POD Projects Group has proposed to build a $260 million mixed-use precinct with more than 500 apartments in the Gungahlin town centre.
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The Canberra developer has taken its plans to a pre-development application community consultation.
Four buildings have been proposed for the almost 12,000 square-metre site, which is bounded by Anthony Rolfe Avenue, Kate Crace Street, Ernest Cavanagh Street and Hinder Street.
The development would have residential, as well as build-to-rent units, serviced apartments and commercial.
The site, Block 3 Section 229, would be subdivided into three separate blocks and POD said they planned to build the project in stages over the next eight to 10 years.
There are about 570 apartments planned across the four buildings. The first site is expected to have about 150 dwellings, the second site would have about 320 dwellings (across two buildings) and the third site would have about 100 dwellings.
There would be about 1600 square metres of rooftop gardens on the four buildings, as well as deep root planting through the site, according to papers drawn up by Purdon Planning.
The developer said that about 50 per cent of the site area would be retained for open green and communal space.
Stewart Architecture has designed the buildings.
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POD Projects group purchased the site for $6 million from the Suburban Land Agency earlier this year. The developer has previously built the Ruby development in Gungahlin town centre, their Jade development is under construction.
"We have been successfully operating in Gungahlin for almost 30 years," POD Projects managing director Paul O'Donnell said.
"We are very excited to be delivering this world class mixed-use precinct which will drive much needed investment in the area as we progress through the COVID-19 recovery."
The proposal will be presented to the Gungahlin Community Council's monthly meeting on November 11.
POD says that the proposal had been presented to the National Capital Design Review Panel twice and elements of the design had been guided by their feedback.