Satterley chosen for Eglinton

UP NORTH: Nigel Satterley's development company will oversee planning for the entire Eglinton area.
The state government has announced Satterley Group as its preferred partner to develop around 3,000 new homes in the northern half of the new suburb of Eglinton.
Lands Minister Brendon Grylls said first land was expected to be released to the market in 2014.
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Comments:
Another scorched earth project
I cannot understand the need for so called "high density" housing so far from industrial or commerce areas.
The recent Peet development in this area has cleared so many acres of pristine bush land, needlessly. The Stockland development right next to it has followed the same path.
So far out of the Metro area these money hungry developers should be offering larger block sizes than the paltry 650sqm ( largest ) for people to enjoy the surroundings out of the hassle and bustle of suburbia!!
The developers are keeping land at inflated costs as they try to keep profit margins on developments in the 100+% bracket.
It's time landcorp started working for the tax payer as it should, not the developers.












