Capital Property Group buys Canberra site for $66M, plans mixed-use, carbon-neutral development.

Capital Property Group has bought a key Canberra site for $66 million, planning a mixed-use development including 500 apartments, an office building for up to 1,200 workers, a hotel, and retail spaces. The project aims for carbon neutrality and includes green spaces. Expected to create 800 jobs and house 1,000 residents, construction may start in 2026, with completion by 2034.

2 months ago
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