Creating Local Jobs: Government Leasing to Drive Seven Residential Developments
16 February 2018
NT Government:
The Territory Labor Government has
reached agreement for
social housing leases with developers of seven
planned local construction projects and owners of two newly constructed
complexes.
Deputy Chief Minister Nicole Manison said the leases for a percentage of
apartments in the seven
residential projects means they can now move
forward with confidence.
“These planned projects would create hundreds of local jobs and deliver
tens of millions of dollars to the
NT economy,” she said.
“Territory Labor Government’s number one priority is creating local
jobs
and another way to do this is use social housing leases to drive new
construction and stimulate our economy.”
In August 2017, Government invited the construction/property sector to
put forward proposals to construct residential housing for use as social
housing.
“Following a high level of interest, today we are announcing seven new
projects are now being finalised – we have reached agreement for them
and two newly constructed complexes to have a percentage of their
development leased for social housing,” she said.
Ms Manison and Minister for Housing and Community Development, Gerry
McCarthy today joined local developer Theo Kalidonis at 9 Daly Street in
Darwin City, one of the larger proposed development sites. It is one of
two projects that will now immediately start the development application
process.
“The 9 Daly Street development would see the construction of a 77 room
apartment complex, including 30 new social housing units. This project
alone could see $42million invested into our economy, which equates to
around 300 jobs.
“Further proposals including large scale unit complexes and smaller
suburban dwellings will be announced in coming days – all would provide
a boost to both large and small construction businesses across Darwin,
Katherine and Alice Springs.”
Minister McCarthy said the nine developments will assist in addressing a
major shortage in public housing.
“Good housing is the foundation for good health, education and community
outcomes – it’s important we address this shortage,” he said.
"This project will address the needs of some people on the waitlist,
free up existing public housing and also increase the number of new
dwellings in the housing portfolio. It is a win-win situation and a
smart way to support local business and people in need.”
Following the normal development application process - which includes
exhibition - construction of 9 Daly Street could commence later this
year. Negotiations with the remaining six proposals are ongoing.
--ENDS--
Source: Northern Territory Government - www.newsroom.nt.gov.au
Contact:
Manison – Lesley Major – 0419 288 284
McCarthy – Hannah Farmer – 0428 497 154
External Links: N/A
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