A 52-hectare “health city” is planned for the ever expanding Springfield, pegged to have a total end value of $6 billion if the development plan is fully realised.
The site, already home to the Mater Hospital and Aveo seniors’ accommodation, will be fully integrated with the masterplan encompassing education and research facilities, a 2500 apartment aged care facility, business facilities along with residential and retail offerings across the 52- hectare site.
A key feature of the project includes a Living Lab, which the urban planners say will act as a testbed for new technology related to smart living and healthcare.
Springfield founder and property mogul Maha Sinnathamby purchased the 7000 acre parcel of land no developer wanted to touch in 1992. Three decades later, Greater Springfield has transitioned from a completely undeveloped site to a residential population of 36,000 with estimates 150,000 will call Springfield home come 2035.
Broadway Malyan director Ed Baker says the health city masterplan will see the creation of a community that functions beyond the working day.
“We have used the concept of healthy living as our guiding design principle, focusing on a development that will support and encourage the wellbeing of the people who will live, work and visit Health City.”
Springfield’s Health City marks Broadway Malyan’s first appointment in Australia, after securing the project through an international competition working alongside local partner Conrad Gargett.
To date, more than $15 billion has been invested by public and private stakeholders into the masterplanned city, with estimates the area will be worth more than $85 billion upon completion.
Nearby development includes South Ripley’s $1.2 billion master planned community, which last month celebrated the opening of the $40 million first stage of its Ripley Town Centre, by developer Sekisui.
The state government has spent $1.5 billion on major infrastructure items in the western corridor since 2005, with an additional $500 million recently announced to further support the corridor’s growth objectives.
If you are looking to live or invest in Springfield we have a selection of different properties at our disposal – contact Chris now on 0434 449 455 to discuss your Springfield options.
Urban Developer – Sinnathamby’s 52-Hectare ‘Health City’ Vision For Springfield