The Joint Venture (JV) governing Ginninderry is an undertaking between the two development entities; the ACT Government and Riverview Developments Pty Limited (Riverview) on behalf of Corkhill Brothers Pty Ltd (Corkhill).
It is the planning logic that provides the impetus for the project. As the population of the ACT grows there will be demand on existing areas of the city to provide housing accommodation.
In consideration of each party’s interest in developing the ACT and NSW land and working jointly to achieve aligned objectives for the development, it was agreed that the equity each party had in their own land would form the basis for an equivalent share of a joint venture.
The terms of the JV provide that, if the rezoning fails, the Territory retains control over the NSW land adjoining the border and the Territory then hold the rights to any future outcome available on the land, having developed the abutting land in the ACT.
All sales related questions can be found under the Sales section of this website. Click here for details.
The existing activities occurring on the Ginninderry site will be accommodated in various ways as the project proceeds. Read more here.
A number of sites have been identified on the master plan for schools. Demographic modelling suggests that up to 4 schools will be needed (including one high school).
The Ginninderry project will potentially involve the construction of 11,500 dwellings at a reasonably steady rate over a 30 to 40 year period. This will involve the importation to the site of a large volume of products with a very high level of commonality – in simple terms, the same products will be used in many houses.
Traffic on both of these roads will increase over time and a number of roadwork improvements are planned to accommodate this. Details are available in the traffic report by AECOM - download here.
It is anticipated that Ginninderra Drive will be extended into the Ginninderry project area. This will ensure better access to Charnwood and beyond to east Belconnen, Gungahlin and Civic.