Stockland receives approval for $830 million Birtinya Town Centre masterplan development

08 January 2018

Stockland: Australia’s largest diversified property group, Stockland has received State and local planning approvals for the proposed $830 million Birtinya Town Centre masterplan development on Queensland’s Sunshine Coast.[1]

Across an area of 18 hectares, Stockland plans to develop a subregional retail town centre, a new civic plaza, walkable waterfront along Lake Kawana and open green space - all integrated with commercial, health related research facilities and high density residential.

Mark Steinert, Stockland Managing Director & CEO, said: “This masterplan approval defines the shared vision for a vibrant mixed use precinct for the $5 billion Oceanside community on the Sunshine Coast.

“With the regions’ above average population growth, 130,000 residents are forecast to live within the main trade area by 2031.[2] Our vision for the Birtinya Town Centre is to deliver a true people’s place, with lifestyle amenity for the community now and into the future.”

The town centre will be centrally located on Kawana Way adjoining the Sunshine Coast Health Precinct, which incorporates the Sunshine Coast University Hospital, Sunshine Coast University Private Hospital, and the Sunshine Coast Health Institute, collectively making up Australia’s single largest investment in health infrastructure.

Extensively developed cycle ways, walkways, boardwalks and bridges will link the town centre to Birtinya Island, Bokarina Beach and the Business Village.

Kingsley Andrew, General Manager for Stockland Queensland, said: “The Birtinya Town Centre masterplan is the next big catalytic project for Oceanside bringing together commercial, apartments and mixed use development with open green space to create jobs and drive future investment across the Sunshine Coast region.”

“This will be Oceanside’s dynamic urban heart, a place that is centralised and accessible – a place that connects people for business and fun, and, importantly, creates a regional destination for the Sunshine Coast.”

The Birtinya Town Centre development is estimated to generate significant local employment for the region with more than 550 jobs during construction and more than 14,600 new full time jobs on completion.

The first stage of the town centre masterplan is the $87 million Stockland Birtinya Shopping Centre, with works expected to commence before Christmas.

John Schroder, Stockland Group Executive and CEO of Commercial Property, said: “This new subregional retail town centre will be consciously different, designed to embrace its coastal location with architectural finishes, extensive landscaping and natural ventilation, offering a relaxed atmosphere and representing the culture of the Sunshine Coast.

“Stockland Birtinya will be the heart of this vibrant and thriving future town centre featuring a flagship Coles and Aldi supermarket, two mini-majors, an open-air, late night dining precinct, some 30 specialty retailers and 522 car parking spaces.”

“Upon completion of the first stage next year, this new centre will service a primary trade area of 15,000 people, offering a diverse dining, entertainment and retail offering. It will be a great place for convenience shopping, having a coffee along the waterfront or meeting friends for dinner and drinks.”

Stockland will also develop a service station and two drive-thru tenancies adjacent to the shopping centre in the first stage of development. A second stage of the shopping centre will be developed in future stages taking the total retail to 20,000 square metres.

Stockland has committed to a 5 Star Green Star As Built rating for the new Stockland Birtinya Shopping Centre, featuring solar panels and end of trip facilities among other sustainability measures.

Notes to editor:

Upon completion the broader town centre masterplan will comprise the following:

About Oceanside:

The $5 billion Oceanside community is a vibrant new health, retail, commercial, education and residential hub that is set to become the Sunshine Coast’s thriving new world-class destination.

It is home to the new Sunshine Coast University Hospital, the Sunshine Coast Private University Hospital, the exciting new residential, retail and tourism hub of Bokarina Beach and Stockland’s first ‘greenfield’ vertical retirement village, the Birtinya Retirement Village.

More than 50 per cent of the community is comprised of parks, conservation areas and wetlands plus kilometres of walkways and bike paths for those wanting an active lifestyle.

For more details on Oceanside, go to www.stockland.com.au/oceanside, or www.facebook.com/oceansidekawana, visit the Oceanside Sales and Information Centre on the corner of Birtinya Boulevard and Lake Kawana Boulevard, or call 07 5437 8703.

1 Project expenditure estimate for the proposed Birtinya Town Centre masterplan including commercial, residential, retail, education and infrastructure works.

2 Location IQ forecast of residents for Birtinya in main trade area is 129,780 based on 2.8 per cent population growth.  

 

--ENDS--

 

Source:  Stockland - www.stockland.com.au

Contact:  N/A

External Links:  N/A

Recent news by:  Stocklands

 

ONLINE PROFILE