Delfin big plans from 2011

Delfin to launch record number of projects Delfin Lend Lease is gearing up for a busy 12 months, launching a record number of residential community projects.

Delfin Lend Lease, which is part of global property group Lend Lease, specialises in developing master-planned residential communities and has 60,000 lots under management.

This year the company is launching seven, maybe eight, new projects which is unprecedented in Delfin Lend Lease’s history.

This means an additional 45,000 homes will be available across Australia as these projects are completed over the next 30 years.

One of the projects is the Alkimos master-planned community in Western Australia, which will comprise 10,000 dwellings on completion. The initial 224-hectare stage, which Delfin Lend Lease is to begin work on this year, is expected to be valued at $400 million.

In Victoria, the developer has also been selected by the Melton Shire Council as the preferred developer for the $1.2 billion Toolern master-planned community project.

In NSW the concept plan for the 4,800-home Calderwood master-planned community project in the Illawarra region has been approved by the NSW government.

 SOURCE: (AFR Pg. 49)