Is that REALLY our old Footy Park? Construction of $1 billion Football Park housing development starts
WORK’S started on the first houses to be built as part of the billion-dollar Football Park housing development. See how the 23.5ha site is taking shape.
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CONSTRUCTION of a new housing development on the former AAMI stadium site has started.
Twelve months after the West development was announced, the first slabs have been laid for 70 terrace homes.
The first apartment building — The Ivy — will have its top floor completed by Christmas and the second block of apartments — The Jasmine — will have its footings down within the same time frame.
Between the two buildings there are 48 apartments being built.
The lowest priced one-bedroom apartments sold for $340,000, while the more premium apartments are fetching up to $615,000.
The SANFL sold the land for $71 million to Commercial and General in November 2014.
The development is described as a modern complex made up of terrace houses, custom made homes and apartment buildings overlooking Grange golf course.
The aim, developers say, is to “create a bit of a buzz” with a vision to create a “high street” containing cafes and shops.
Project director at West Chris Menz said it was an exciting time for the development.
“All up now we have sold around $58 million worth of property (off the plan) in the last 12 months,” Mr Menz said.
West will begin work on a fourth building early next year.
Tony Siciliano and his wife Lale Gulser bought a terrace home last year.
Mr Siciliano said he is thrilled to see that work on his house has begun. “We drove past on the weekend and it is exciting to see it all down (the slab),” he said.