Property investor RF Corval has submitted a proposal for two mixed-use towers next to an office block in Canberra’s Belconnen.
The project designed by Cox Architects comprises 24 and 27 storey highrises on a 5955sq m site at 40 Cameron Avenue, which is the corner of Cameron and Chandler avenues, 9km north-west of the city centre.
The buildings would comprises ground-floor office space and 407 apartments in total.
There would be a two-storey basement with 496 carparking spaces as well as more carparking on the lower ground to fifth floors of the podium.
The application requests a subdivision to create a new block as well as a lease variation to allow for retail use and multi-unit housing on the new block.
This would allow the existing office block to be on its own allotment, or Block 18, while the two towers sit on a separate allotment, Block 19.
An existing approved application for another project, The Chandler, is on Block 17 fronting on to Chandler Avenue, south of the subject site.
The project has an estimated cost of $107 million, according to the application documents.
Belconnen remains a popular target for ACT developers, including Cannes Property who filed a build-to-rent project for the suburb earlier this year.
