The Northcote Plaza redevelopment will include 6,500 square metres of retail space, three levels of basement parking, a public laneway, four residential towers, including a central 18 storey high tower, and an office building.
Darebin Mayor Lina Messina said the social housing approved was a “bare minimum” and Northcote Plaza was another missed opportunity to build social housing near local jobs, transport and community services. Developers have to abide by a voluntary framework which requires negotiation with councils about the inclusion of social and affordable housing in projects.
Time & Place director Tim Price said the build-to-rent offering in the development was substantial, and while Northcote was once a more working class inner north postcode, it was now gentrified.
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Source: FinancialReview - 🏆 2. / 90 Read more »