What's On

The Times Real Estate

.

  • Written by ACT Government

Released 21/04/2016

A new agreement between the University of Canberra and Canberra-based developers CIC Australia will transform the campus into a world leader in sustainable residential development and urban design.

Worth an estimated $1.7 billion dollars, the agreement will see a staged release of up to 3,300 residences over the next 20 years, with the number of dwellings capped at 200 a year.

A key part of diversifying our economy is to support growth in our higher education sector. The University of Canberra is a major employer in Canberra and I’m pleased to see it going from strength to strength.

This agreement is made possible by a series of legislative amendments to support the University of Canberra as it continues to grow in size, in reputation and in its economic and social contribution to our city.

Students studying architecture, landscape architecture, building and construction management, urban planning and other relevant disciplines will be involved in the project, which will also fund a new chair of urban design position at the University.

This smart development shows again how the Government, the University and the private sector can work together to produce something with layers of benefits far greater than the sum of its parts. Of course, residential developments create jobs and increase housing supply for our growing city, but at the University, they create opportunities for education and research that will attract more smart minds to Canberra.

Similarly the government is building a new teaching hospital on the University of Canberra campus. This will boost health services and create jobs in construction, but by putting it on the campus we also make the University more attractive to students and researchers- boosting our city’s economy.

- Statement ends -

Section: Andrew Barr, MLA | Media Releases

«ACT Government Media Releases | «Minister Media Releases

Read more

About Australia

Hiring a Caterer in Western Sydney: What You Need to Know

Hiring a caterer can feel overwhelming, especially in a region as large and diverse as Western Syd...

Hybrid, Pop Top or Hard Top – It's All About The Traveller

If you love hitting the open road and discovering new places to explore, you’ve no doubt considere...

Essential Features to Look for in a Family Caravan

With so many family caravan options available in today’s market, navigating caravan sales can be o...

What You Need to Know Before Taking Caravans Off Road

Exploring the rugged landscapes of Australia with an Australia off road caravan is an adventure li...

7 Reliable Content Writing Services in Rhode Island for Superior SEO Results

To make your website more visible and rank better, focus on creating great content. Content writing ...

Why Does Mental Health Seem to Get Worse as We Get Older?

Ageing has its perks—wisdom, experience, and maybe a bit more self-confidence. But there’s also th...

Preparing for a Chrissy Road Trip? Here’s Your ‘Safety To-Do List’

The holiday season is here and it’s time to get travelling! If there’s one thing Aussies excel at ...

How Clean Is Your Hotel? 5 Red Flags

Cleanliness can make or break your experience when you check into a hotel. While most hotels striv...

5 workouts with experience in mind

Finding a new class or way to workout can sometimes be overwhelming with so many options availab...

How to Prepare for Your First Family Lawyer Meeting: Must-Do and Must-Avoid Tips

1. Introduction Preparing for your initial meeting with a family lawyer is a crucial step that sets...

How to Select the Perfect Blinds for Your Windows

Importance of selecting the right blinds for your windows Are your windows letting in too much li...

Create Your Best Life With These Essential Moves

Many women find themselves feeling stuck in a rut, either professionally or personally, and it can...