Peet preferred proponent for affordable housing project in Brabham
Peet is pleased to have been selected as the preferred proponent to partner with the WA Housing Authority to deliver the new Brabham project.
With the potential to be home to thousands of residents with more than 3,000 dwellings, schools, neighbourhood shops and recreational areas, Brabham will be a major transit-oriented development linking the Swan Valley with the Perth CBD.
Offering a modern, diverse and sustainable community, Brabham will focus on providing affordable and social housing in Perth’s north-east corridor.
The 220 hectare site is located close to the proposed Whiteman Park train station and is part of the Government’s METRONET transport centrepiece. Brabham will benefit from existing amenity and from the significant investment in transport-related infrastructure planned by the WA Government.
Peet Managing Director and Chief Executive Officer, Brendan Gore, said the Brabham project represented an expansion of Peet’s ongoing strong relationship with the Western Australian Housing Authority.
“Some of Peet’s most successful projects have been undertaken jointly with WA’s Housing Authority, a major provider of affordable land and housing. These include Quattro: The New Queens Park, which saw the revitalisation of a portion of the inner-city suburb of Queens Park; and ongoing projects at Golden Bay in WA’s Peel region and The Village at Wellard south of Perth – the first transit oriented development on Perth’s southern suburbs rail line,” said Mr Gore.
As part of the Brabham project, Peet will establish a new wholesale fund with the Perron Group to jointly develop the project, with Peet appointed as the development manager.
We look forward to finalising negotiations for a contract, which is anticipated by December 2017, and starting construction in 2019.