Assemble set to deliver social and affordable housing to Clayton and East Bentleigh
Assemble, the leading build-to-rent development and community management company, has taken a big step in its future $1.2 billion pipeline.
Headed by managing director Kris Daff, Assemble has secured rezoning of two key residential and mixed-use sites in Clayton and East Bentleigh.
It allows the affordability-conscious developer, who has been doing amazing things in the social housing space for a number of years, to realise over $900 million in affordable housing across the two sites, as well as $300 million of retail and workplace for the projects.
Victorian Planning Authority's Fast Track Projects program accelerated the rezoning of the prime industrial sites at 209-211 Carnish Road in Clayton and 246 East Boundary Road in East Bentleigh.
Daff said it was a strong move that ensures victorians will have the appropriate supply of social and affordable housing to meet the critical shortfall.
"We are now a step clooser to delivering over 1,600 social and affordable housing units, along with much needed health, commercial and retail outcomes, for the broad Glen Eira and Monash communities," Daff says.
The eight hectare Clayton site was the former PMP Print site, and is set to see 1,180 new homes create, as well as three new local parks, and a number of shops and businesses, focussed around a new town square. Around 1,000 local jobs will be created as part of the development.
There will be a 680-apartment development within the precinct, designed by Jackson Clements Burrows Architects, with landscaping by Rush Write. Around 20 per cent will be delivered as social housing, managed by Assemble's community housing partner, Housing Choices Australia.
The Carnish Road, Clayton design. Image supplied
Another 35 per cent of dwellings will be dedicated to affordable housing targeting essential workers, such as the local Monash health and education workers.
"This is a prime site that will revitalise the area set in a well-connected precinct, offering the community east access to key health, education and transport hubs," Daff says.
The $700 million multi-stage East Bentleigh project, dubbed East Village, will be a wider masterplanned community with 3,000 dwellings, 15,000 sqm of retail floorspace and 80,000 sqm of commercial floorspace.
The build-to-rent community will have over 940 apartments of social and affordable housing.
"East Village will provide stable rental tenure for a diverse residential community including students, tertiary education workers and essential key workers in the local Glen Eira community", Daff added.
The $400 million first stage will see 450 apartment built to a design by Hill Thalis, who were chosen by a design competition. MGS Architects and Craig Tan Architects will design the 16,000 sqm of mixed-use elements.
The project will create 5,000 construction jobs once works commence in late 2022. It will also home new McKinnon College Second Campus which is set to open January 2022.
The developments will accelerate the long-term rental housing pipeline for Assemble, who will see 2,400 apartments of their portfolio under construction in the next six months.
