Geocon to fill void in ACT housing market with mixed-use development

The gateway to the city of Canberra is set to welcome 550 apartments, thanks to the acquisition of an iconic parcel of land by renowned developer Geocon.

The site, located at 220 Northbourne Avenue in Braddon, is poised for transformation into a dynamic mixed-use precinct, blending residential and retail spaces, marking a significant milestone in Geocon's ongoing commitment to shaping Canberra’s skyline and driving economic growth in the region.

"We are thrilled to acquire this landmark property on Northbourne Avenue," said Geocon CEO Damon Smith. 

"This acquisition highlights our dedication to investing in Canberra's future and creating vibrant communities. 

"We envision a precinct to enhance the Braddon area and contribute to the city's long-term prosperity.

“We will soon be lodging a DA for the site, delivering a project that we feel fits the gateway of the Canberra CBD. 

"Our history of delivering mixed-use precincts around major town centres of Canberra lends itself to this site. 

"It is the right size and right fit for what we deliver, and we look forward to filling a large void in the housing market in the ACT on this site.”

Geocon's acquisition of 220 Northbourne Avenue aligns with the company's strategy to expand its footprint in key urban areas and deliver world-class projects that set new standards in design, functionality, and innovation. 

The upcoming development, located directly opposite an existing light rail, will feature state-of-the-art facilities, green spaces, and excellent connectivity, making it an attractive destination for residents, businesses, and visitors alike.

With a track record of successful projects such as the Republic Precinct, Midnight Hotel, and WOVA, Geocon continues to lead the way in shaping Canberra’s skyline, catering to the city's growing demand for modern, integrated living and working environments.

To see more on this site acquisition, watch below.

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