Lendlease is set to build a retirement and aged care precinct in Ascot as part of its collaboration with the Brisbane Racing Club. The facility will overlook the Doomben racecourse.
The racing club is currently developing a $1.5 billion masterplan, which will include its 89-hectare site in Ascot. The club is currently transforming their Eagle Farm precinct whilst this recent announced development with the property giant will be the first project on their Doomben part.
The aged care project also marks Lendlease’s return to the aged-care business after departing it in 2013. They re-entered the industry last year.
The development will undergo five stages and will be set on a two-hectare site. It will consist of 300 independent living units and 108 full service high-care aged beds. To ensure that the older folks enjoy the space, they will equip it with resort-style facilities such as a restaurant, a cafe, and a new bowls club.
The BRC’s Eagle Farm upgrades will also see the Racecourse Village Shopping Centre, which is set to open mid-2018. It will feature a Woolworth’s Supermarket and ten specialty stores.
With exciting BRC developments, the new aged care facility will be on the right spot. The site is also in close proximity to the CBD, the Royal Queensland Golf Course, Hamilton Wharf, Racecourse Road, and the Brisbane International Airport.