Claremont is set to have more than 500 apartments at the Claremont Oval site, continuing a recent trend of higher density western suburb residential developments.
The development, called ‘Claremont on the Park’, was announced last week and will include a $16.5 million refurbishment of the Claremont Football Club.
The 9.4-hectare site sits on the northern side of Claremont train station, between Graylands Road, Davies Road, Lapsley Road and the railway line. The land will be developed into approximately 80 per cent residential, 15 per cent commercial and 5 per cent retail zonings.
LandCorp has been appointed as the implementation agency and is responsible for land development, subdivision and sales for the duration of the project, which could take up to 10 years.
“The first stage in the north-west corner of the site will see residential development providing up to 77 apartments,” Lands Minister Brendon Grylls said.
“The state government, through LandCorp, is calling for expressions of interest to identify a suitable development partner for the 3,251sqm first-stage lot.”
The $6 million forward works contract has been awarded to civil construction company Brierty.
“The first lot will be sold through a two-stage process consisting firstly of the expression of interest and thereafter a request-for-proposal (process) to successful short-listed proponents,” LandCorp general manager Luke Willcock said.
The EOI period will close on September 27, with the shortlist announced on October 26.
LandCorp expects to enter into a request for proposal process in late 2012, with a successful developer to be announced in the first half of next year. Mr Willcock said construction was expected to start towards the end of 2013 or the beginning of 2014.
Much like the property development announced on Salvado Road earlier this month, Claremont on the Park has opted for higher density residential zoning, in comparison to the established properties, which are aimed at small families and the ageing population.
“Claremont on the Park will seek to innovatively plan for the emerging social and demographic changes toward smaller family sizes and an ageing population,” Mr Willcock said.
Property developments with smaller lots have been highly successful in City Beach, Churchlands, Swanbourne and Perry Lakes.
