Prestigious National Property Council Award a ringing endorsement
May 24th, 2011
|MAB's University Hill has again been recognised by the Australian property industry with its recent award for Best Master Planned Community at the Property Council of Australia Innovation and Excellence Awards held in May in Sydney.
University Hill is a prime example of MAB's master planned communities that is setting a new benchmark in the planning of new communities that focus on creating jobs close to where people live.
MAB purchased the University Hill landholding in 2003 and developed a vision to create an integrated sustainable community through applying urban design principles so all facets of modern life are within walking distance of homes or businesses.
University Hill comprises five precincts, two business parks located to the north and south of the Town Centre, an integrated housing precinct, a traditional housing precinct and a health and well being precinct. To date $400 million has been invested in University Hill by MAB and its occupants.
Approximately 1,500 jobs have already been created in retail, manufacturing and business services. Upon completion, University Hill will create employment for approximately 4,000 people.
Over 200 Apartments together with a further 300 homes have been constructed. Ultimately University Hill will provide 1,000 homes for 3-4,000 people.
Creating employment opportunities is a key part of MAB's vision for University Hill and its live, work, play ethos. University Hill comprises over 20 hectares of land dedicated to high-tech businesses and commercial office space.
The vision is to become the preferred employment hub for Melbourne's north offering a number of quality commercial solutions for a range of local, national and international businesses.
Well-known companies already call University Hill home including Continental formally Siemens VDO), Australian Electoral Office, VicRoads, Doncaster BMW, Northway Honda and BT Australia.
University Hill is the first business precinct in Australia to be provided with access to up to 100mbps fibre optics network based upon NEC's GPON technology. The network has been designed to be consistent with the Federal Government's National Broadband Network.
MAB's General Manager Commercial and Industrial, Richard Johnston collected the award and acknowledged MAB's stakeholders and the City of Whittlesea for their contributions to the success of the project.
"It's a truly fantastic achievement for all of our partners who have been part of the success of University Hill"
"While the increasing number of residents, businesses and employees attracted to the University Hill community is a clear demonstration of the success of the project, it is gratifying for our company to acknowledged by the Property Council of Australia and our industry peers".