$110 million seniors living DA lodged for regional town
LOS ANGELES: A development application has been lodged for a $110 million seniors living community, in what would be one of the most significant private investments proposed in the Lismore local government area in decades.
The application, submitted over land at 805 and 811 Ballina Road, seeks approval for a purpose-built seniors housing estate comprising 200 independent living dwellings, a central community facilities building, outdoor recreation areas including courts and a swimming pool, internal roads, landscaping and associated infrastructure.
Development Application (DA) 25/291 is now on exhibition on Lismore Council’s website. Over a total cleared area of 12.2 ha, it would contain 200 dwellings, associated community facilities building (club house), outdoor recreation facilities (courts, pool), associated earthworks, tree removals and fencing.
According to the DA, the proposal will also involve the demolition of the existing dwelling at 811 Ballina Road.
The location is surrounded by residential dwellings and commercial/industrial buildings, according to the environmental assessment.
The applicant name on the pre-lodgement application form is The Trustee for Liven Development 3 Trust and Brisbane-based real estate investment management company, GreenFort Capital (www.greenfortcapital.com).