Chinese developer Sunlong Corporation will launch a $190 million apartment and commercial development early next year, after winning the right to develop the old Canning Aquatic Centre site in Bentley.
The developer is expected to lodge the first applications for its overall plan to build more than 400 apartments, a supermarket, shops a restaurant and a community learning centre at the 25-hectare site early next year.
The City of Canning approved the sale of the site on Queen Street to Sunlong Corporation’s subsidiary, Sunshine Developments, last week, following a public expressions of interest and request for proposal process.
Sunlong Corporation was established in Perth in 2011, and since then has either begun construction on (or has completed) six significant apartment projects, including Zen on Newcastle Street, and the Bella Vita apartments in Cannington, which are expected to be finished midway through next year.
At the old Canning Aquatic Centre site, known as the Bentley Regeneration Project, Sunlong Corporation’s proposal included 200 apartments for student accommodation, 258 apartments for the general public, as well as a 1,500 square metre supermarket, and a 2,000sqm community centre.
According to the proposal, the cost of construction will be $150 million, while the project will have an end value of $190 million.
Sunlong Corporation managing director Sean Xing said the project would be undertaken over four stages.
The first stage will be a medium-density apartment building, of around 60 dwellings.
“We thank the city for awarding this exciting project to Sunshine, which gives us the opportunity of becoming a benchmark developer and builder in Western Australia,” Mr Xing said.
City of Canning chief executive Lyn Russell said the project was an exciting development that would help to regenerate and transform the area.