The former site of the Joondalup Basketball Stadium is set to be transformed into a new multigenerational development with homes, aged care, childcare, leisure and medical facilities.
Carmel Group and Aegis Aged Care Group are the successful proponents for Lot 701 Collier Pass and will build a $100 million development on the 1.69 hectare site.
Formerly home to the Joondalup Wolves basketball team – which relocated to the nearby HBF Arena – Lot 701 was offered to market through a process managed by LandCorp.
The land will be subdivided into three lots to facilitate an integrated development linked by a shared public open space with tree-lined walkways, children’s play areas and a community garden.
It is anticipated that the development will commence in 2020 with an estimated completion date in 2024.
The proposed development is set to become an iconic site at the entry to the Joondalup City Centre and will include a five-storey, 140-suite aged care centre to be owned and managed by Aegis Aged Care Group, with respite care facilities.
A second lot will cater for retirement living, with Carmel Group developing 74 independent living units over six storeys to be managed by a specialist provider.
Lot three, with frontage to Collier Pass, will become the site of a landmark mixed-use eight-storey tower comprising 72 family apartments, as well as 46 serviced apartments. The 4,600sqm site will also include a medical centre, hospitality and retail outlets, childcare facilities and office space.
Source: WA Government