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Peet & Co strikes Wellard transit hub deal

PERTH land developer Peet & Co has signed a joint venture agreement with the State Government to develop Western Australia’s first purpose-built suburban transit village.

The new estate development, The Village at Wellard, will be located near Kwinana and will comprise 2,700 residential lots, about 35 hectares of public open space, public and private schools.

Integral to the design is the proposed rail line from Mandurah to Perth, which will traverse the northern sector of the Wellard site, with the purpose-built Wellard Railway Station and Transit Centre to be opened in December 2006.

The development is expected to house 8,500 residents within 10 years, 20 per cent of these first home owners.

Housing and Works Minister Nick Griffiths said the project was Perth’s first greenfields transit-orientated development and was designed to encourage compact, pedestrian-friendly development with a high density of employment and housing within walking distance of a major transit stop.

“Planning is focused on the principles of sustainability and ‘Greensmart’ initiatives, including environmentally efficient housing,” he said.

Mr Griffiths said the joint venture commitment was to facilitate the staged release of 490 lots between December this year and January 2006 to focus on the station precinct.

Peet & Co managing director Warick Hemsley said the development’s location would provide easy access to surrounding employment areas in Kwinana, Henderson, Rockingham and Perth CBD.

“The extensive market research undertaken by Peet & Company has provided us with a very clear understanding of what people in the region want and we have designed this community to deliver a range of affordable lifestyle options to meet consumer needs,” he said.

“The Village at Wellard will be a landmark development that sets a new benchmark in urban design for Western Australia.”

 

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