Architecture news & editorial desk
Property developer Billbergia Group has seen its Wentworth Point Town Centre project take out the Masterplanned Development category at the 2021 Urban Development Institute of Australia’s (UDIA) National Awards for Excellence.
Located in Sydney’s west, the town centre is the brainchild of Billbergia and Scott Carver. The 11-hectare plays host to a community comprising nine city blocks that will house over 10,000 people along the Wentworth Point peninsula once complete. The result of 15 years of careful planning, urban design and architectural innovation, the community sets a standard of the utmost quality to other masterplanned developments.
The national award follows the NSW UDIA state win for Masterplan development, building on Billbergia s impressive list of industry accolades for the $4 billion development.
The Urban Development Institute of Australia wants pre-pandemic immigration levels revived in a bid to rev up apartment market construction . Treasury is forecasting a big population slowdown.
Australians get an extra year to build their dream home after thousands missed grant deadline dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
From HomeBuilder to hangover: where will housing development land?
The perfect pandemic storm has resulted in surging demand for housing, and greenfield land developers are riding the wave. However, challenges lie ahead.
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The COVID-19 housing demand, boosted by government stimulus for new housing, by low interest rates, and by changing housing preferences, has been an absolute boon for the nation’s greenfield land developers.
The question is whether the surge in demand, which includes a substantial pull-forward of future activity, can outlast the end of the Commonwealth government’s HomeBuilder stimulus, and the lowest population growth in 100 years.
Beyond that question are broader issues. How does the greenfield development industry meet the post-COVID challenges of productivity, sustainability and affordability?