National retirement village developer RetireAustralia has revealed plans for its first retirement apartment project in Brisbane.
The eight-storey development will comprise 183 independent living apartments and 35 high-level care apartments.
The Marchese Partners designed project is located in Lutwyche, six kilometres north of Brisbane's CBD.
The development, named Fancutts Retirement Living, will comprise more than a football field of space at 2,500sq metres devoted to community areas and facilities.
RetireAustralia CEO Alison Quinn said the development is one of a number of new communities underway to help improve the undersupply of seniors housing.
The developer, which has 27 communities across Queensland, New South Wales and South Australia, picked up the Lutwyche site from former tennis champions Daphne and Trevor Fancutt earlier this year for $16.95 million.
“The project has been named in recognition of the site’s history as the Fancutts Tennis Centre and Academy... and we’re proud to welcome Daphne and Trevor Fancutt as ambassadors for the project," Quinn said.
Other Queensland aged care development projects in planning include Aveo's 16-storey retirement tower on the Gold Coast, which will accommodate more than 150 seniors, Denmac Nominees' 12-storey retirement facility in Brisbane's inner north suburb Windsor, and Japara's $30 million aged-care facility in Robina.
Expressions of interest are now open for Fancutts Retirement Living with construction expected to commence by mid-2019.