THE property market around Mandurah may be in the doldrums, but major land developers have taken the breathing space provided by the global financial crisis to prepare for the next wave of growth in the sector.
The Pilbara, Kimberley and Wheatbelt regions have been identified as the state's regional industrial land hotspots, according to a new survey conducted by LandCorp.
LandCorp's first land release at Broome North, Waranyjarri Estate has proved extremely popular with over 90 per cent of lots being purchased by locals.
INDUSTRIAL estates across the metropolitan area are evolving into highly specialised industry-specific precincts, with an increased focus on office space and general amenity, according to state government agency LandCorp.
Pindan has been chosen to develop more than 300 houses on land next to LandCorp's existing Nickol estate in Karratha, while the state government has today also told local businesses they will be given priority at a different estate in the town.
THE developer behind a proposed inland marina development at Rockingham says it will attempt to emulate the success of the Mandurah Ocean Marina as it transforms the Rockingham foreshore near Cape Peron.
The state government has chosen Knutsford consortium, including Fini Group, Georgiou Capital and Mainpart Holdings, to partner LandCorp to develop a former industrial site near Fremantle into a residential precinct.
APPROVALS for property developments remain a major issue to the sector, which believes the delays caused by bureaucracy and regulatory hurdles are a huge financial burden.
Lend Lease Group has won a bid to become the preferred proponent for the first stage of the $400 million new Alkimos residential development, north of Perth, while Mirvac and the Satterley Alkimos Consortium have been named as reserve proponents.
Land Minister Brendon Grylls has called for expressions of interest from potential redevelopment partners to be part of the revitalisation of the disused Knutsford industrial site near Fremantle, that would create 450 dwellings across 11 hectares.
IT will have been a busy week at the headquarters of LandCorp with the state's development agency playing host to pitches from the short-listed developers for the Alkimos project 50 kilometres north of Perth.
LANDCORP has reduced land prices at its major industrial estates in and around Perth by up to 25 per cent, and introduced more generous financing terms to try and encourage investment in the sector.
LandCorp and Stockland have together received a national award for the South Beach Estate, the only Western Australian winner at the Urban Development Institute of Australia Awards.
A new vision for the Perth foreshore redevelopment has called for a reduction in the density and height of buildings along the waterfront, in line with cities such as San Francisco and Barcelona.
LandCorp will seek expressions of interest for the construction of a short-term accommodation facility at Woodside's Gap Ridge construction camp in Karratha, Minister for Planning and Infrastructure Alannah MacTiernan has announced.
The once-sleepy fishing town of Jurien Bay will be transformed into a premier nature-based tourism destination over the next five years, with a major influx of tourism development and capital investment.
The board of LandCorp has approved more than $17million in civil works for projects in three regional Western Australian locations where the current resources boom is putting pressure on community infrastructure.
With Western Australia's strong economy continuing to drive demand for industrial land, owner occupiers and investors are securing industrial land as fast as it is being supplied.
Amendments made last year to LandCorp's governing legislation enabling the agency to engage with the private sector has been the catalyst for several joint ventures with partners such as Mirvac Fini, BGC, and Doric.
Comments attributed to Coalition for Property Rights advocate Leo Killigrew in your report “Critics hammer bush plan” (WA Business News, November 18) are incorrect.
Western Australian government land development agency's latest annual report declared a dividend to the State of more than $17 million, compared with $6.8 million for the previous
LANDCORP and the City of Fremantle have signed a memorandum of understanding outlining their commitment to work together to achieve the best outcomes for redevelopment opportuniti
MODERN building design, landscaped gardens, and a State Swim centre are not features usually associated with an industrial business area, but Canning Vale Business Park has them all.
LANDCORP will soon release land from its 102-hectare Exmouth Marina Village development project, with a number of tourism, residential and commercial development sites to go to the
LANDCORP will manage the acquisition of properties in an area bounded by Wellington, William and Murray Streets, which will be developed for a new underground rail station.
SINCE it was opened in 1975, LandCorp's Canning Vale Industrial Estate has set new standards in the development of industrial areas and now, with less than 20 lots left in the estate, developers and business owners are scrambling
LANDCORP, the government's land development agency, made a after tax profit of $13.1 million for the first six months of the current financial year – almost double its target of $6.6 million.
