University of Canberra inks $1.7bn deal to build new residences

WCN Editorial Team 22 Apr 2016 OCEANIA BUILDINGS

The University of Canberra has signed a $1.7bn agreement with CIC Australia for the development of up to 3,300 new residences in Belconnen, Australia.

The new residences will be a mix of units and townhouses, which will be constructed over a 15-20 year period.

University of Canberra vice-chancellor professor Stephen Parker said: "It is great to see another stage of our 'Educated Life' vision coming to fruition.

"Our vision foresees that by 2030 our campus will be a leading example of how a modern world-class university transformed its physical surroundings to create an integrated learning community where scholars, students and the public intermingle.

"This residential development, which is part of the university's Campus Community precinct, will see a mix of students, faculty, staff, alumni and members of the general public living in a modern, progressive, sustainable, edgy community."

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