• 1300 331 917

Improving development yield in existing projects…

Home » Blog » News » Improving development yield in existing projects…

Proving that lateral thought on land use within existing developments can lead to improvements to the overall development as well as improving the yield of the project, Arkitektika recently undertook a project that achieved both of these for the owner of a major retirement facility on the Gold Coast.

As a direct result of the consolidation of land uses achieved with the relocation of the community facilities for the Earlehaven Retirement Village, the opportunity to increase the yield of independent living units was identified and embraced.

After a relatively simple development approval process arranged by Jake Storey of Storey & Castle, using our comprehensive design package, the construction documentation for the new independent living units has now been completed.

Along with David O’Dwyer of D & J O’Dwyer Builders, we worked with the client body to identify the opportunity to relocate the community facilities to a more central location in the development, and release land that could be used for the additional four independent living units.

As a result of the relocation of the community facilities, they are now more integrated within the aged care community and the land that the original facilities occupied has been reclaimed and consolidated permitting the development of additional independent living units.

In all it has been a win-win solution, whereby the residents can now enjoy improved facilities with greater relationship to their community, and the owner has the opportunity to develop more product on site and increase the overall value of his development. The new independent living units are also relocated from the existing old structure, improving the amenity for the residents in the surrounding units.

To discuss how we might be able to assist you achieve improved yields in your existing or proposed developments, do not hesitate to contact the team at Arkitektika.

Contact Us:

Phone:            +61 7 55764993

Email:            mail@arkitektika.com

Share on TwitterShare on Facebook+1Share on LinkedInDigg ThisSubmit to StumbleUponShare on TumblrSave on DeliciousShare via email