The NSW Government has announced the Aspire consortium, which includes Frasers Property Australia, Citta Property Group and Mission Australia Housing, as the successful tenderer for the redevelopment of the Ivanhoe Estate. Read the Media Release.
The first of five major sites being delivered under the $22 billion Communities Plus program, the project will transform the estate into a neighbourhood of 3000 homes including at least 950 social housing units and 128 affordable rental properties. Download the Ivanhoe brochure.
The project will be delivered in states over 10-12 years, with work expected to start in late 2017. The first stage will include 259 new social housing units and is expected to be completed three years after development approval.
Read more about the Ivanhoe project.