Brisbane Housing Company (BHC) has received an approval to construct social and affordable housing in Stones Corner in 2023.
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Designed by Ellivo Architects, the 10-storey building will deliver 82 new homes, which comprises 50 social and 32 affordable homes.
According to BHC, the affordable housing in Stones Corner will provide critical housing supply for lower income local essential workers who are employed in the nearby retail, health and administrative services precincts as well as the CBD.
The affordable rentals will be provided at a discount to the market rate for properties in the area, assisting local workers to live close to their place of employment.
Social homes, on the other hand, will assist in the delivery of safe, long-term, quality homes for people eligible for social housing, including people at risk of homelessness, women and children in need. Social housing rents are usually set at 30 percent or less of the household’s weekly income.
Located at 23-27 Cleveland Street, Stones Corner, the units will be a mix of one and two-bedroom apartments.
“The development aims to build a community and foster opportunities for social inclusion, offering residents multiple spaces to meet and connect including an open-air alfresco rooftop and ground floor common space,” BHC said.
The building has also been designed with sustainability in mind, with the property targeting a 7+star NatHERS rating, offering rainwater collection and storage for landscape irrigation, a solar array to power the communal spaces and lifts, and naturally cross ventilated apartments and communal spaces.
The social and affordable housing in Stones Corner is one of two approved social housing projects by BHC, who also got an approval for a build-to-rent building in Chermside.
“Our new Chermside development is within walking distance of the Prince Charles and St Vincent’s hospitals and the retail hub of Chermside Shopping Centre and will provide much needed accommodation to essential workers in these precincts,” BHC stated.
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“Similarly, our Stones Corner development is centrally located close to public transport, retail, parklands, and employment and education opportunities in the inner-city.”
Construction for the Stones Corner building is expected to commence in mid to late 2023 with the first residents welcomed to their new homes in mid-2025.