Boral, Mirvac permitted to develop ex-quarry
Mirvac has won state government approval to replace a former clay quarry and brickworks in Melbourne’s south-east, seven years after striking an agreement with site owner Boral.
The 171 hectare parcel – predominantly in Wantirna South with part zoned Scoresby – is earmarked for a 1750-home estate with low-rise apartments, townhomes and detached houses.
A masterplan will also include community facilities. About 68 hectares will be revegetated and transferred to the state as public parkland, extending Jells Park, while 12ha will be developed with a sports oval, cricket nets, pavilion and playgrounds.
The project could also include a neighbourhood centre with a café, medical clinic, childcare centre and community hub, subject to further planning approvals, the developers said in a statement.
Mirvac announced plans to redevelop the disused site in 2019.
It was the second Boral-owned property the developer agreed to transform in as many years – the other, spanning 278 hectares, was in Donnybrook, now an estate known as Olivine.
Another Wantirna South deal
The approval comes 18 years after Mirvac bought another quarry spanning Wantirna South and Scoresby – from Austral Bricks – which is now the Harcrest housing estate.
Covering 56ha, that project delivered about 900 dwellings between 2011 and 2018 (continues below).
Mirvac will pay Boral development fees as it replaces the latest site, known as 191 George Street, Wantirna South.
It is speculated the building materials supplier could bank about $300m over the life of the project.
“This approval strengthens Mirvac’s national residential portfolio and underscores the value of our partnership with Boral,” Mirvac Development chief executive Stuart Penklis said.
The site, historically used for clay extraction and brick manufacturing, will undergo rehabilitation before construction begins, he added.
Mirvac plans to deliver all-electric homes with provisions for electric-vehicle charging and improved thermal efficiency.
Boral chief executive Vik Bansal said the project would see the historic Scoresby site repurposed for housing and community infrastructure.
Wantirna South is about 25 kilometres from town.
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