The developer behind a planned five-storey unit block with communal facilities, in the heart of a Sunshine Coast town, says it will suit the area and bring lasting benefits.
Rod Constantinides, of ARM Property Investment Group, detailed the 160-room project on the corner of Currie and Bury streets in Nambour.
“The rooming accommodation development is designed for the way a lot of people want to live today, (including) essential workers, remote workers, singles and those seeking flexibility without the burden of a full home with gardens and maintenance,” he says.
Mr Constantinides says the town and the development are a good fit: “Nambour’s CBD has longed for people to actually live in it. One-hundred-and-sixty residents mean more foot traffic, more money to local businesses, safer streets through passive surveillance and life breathed back into the town centre.
“Critics have suggested this will attract one type of person (and it will be) a social housing tower. However, our 15 years’ operating five similar projects across the Sunshine Coast suggest otherwise.
“Our residents include single individuals seeking safety and privacy, essential and FIFO workers on temporary contracts, older people who are done with the costs of maintaining a full home, and we believe remote workers drawn to the co-working space.
“Difference always attracts criticism, but the demand for this type of living exists. If we can get it off the ground, we believe it will benefit the community as a whole.”
The precinct, on a 2972sqm site, could be built within a couple of years.
Mr Constantinides says residents are expected to move in by late 2027.
