Background information – Media Notes Alkimos Beach Launch of Sales Please credit quotes to Ross Holt, LandCorp Chief Executive Officer and Martin Gaedke Project Director Lend Lease Alkimos Beach Alkimos Beach is located in the City of Wanneroo, on the coast of the Indian Ocean. Alkimos will be the largest and most significant development in the north-west corridor of Perth in 50 years. Located 40kms north of Perth’s CBD and 15kms north of Joondalup, the 710ha parcel of land at Alkimos Beach is expected to accommodate a future population of 15,000 people and a City Centre serving a population of 55,000. The vision for Alkimos Beach is to create a master-planned coastal community of national significance moving towards carbon-neutrality. The first stage to be developed is a 224ha parcel of urban-zoned land that will deliver over 2,200 homes for up to 6,000 residents. The entire Alkimos/Eglinton region is expected to be home to a future population of around 57,000 people, which equates to 40 per cent of the land required in the north-west corridor over the next 20-25 years. Alkimos Beach will feature distinct residential villages with a range of homes to suit all lifestyles and budgets. These villages and the City Centre will be situated amongst a masterplan featuring one of the largest reservations of regional open space in the northwest corridor, incorporating more than 100 hectares and stretching nearly 5 kilometres from the future Mitchell Freeway reserve to the Regional Beach on the coast. The villages will be connected by cycle ways and footpaths linking this extended masterplan community from the coast and regional beach to the City Centre. Public Transport Lend Lease and LandCorp are working closely with the State Government and other stakeholders to enable the timely and early delivery of transport services to Alkimos Beach and the northern corridor. Lend Lease Corporation Limited ABN 32 000 226 228 Level 2, 10 Ord Street West Perth WA 6005 Telephone +61 8 9223 2800 www.lendlease.com Transport corridors will link Alkimos Beach to the Perth CBD, employment centres, and beaches. These will be supported by a framework of local transport options within Alkimos Beach including pedestrian and cycle systems that will maximise access and mobility throughout the region, while reducing the dependence on cars. Enviromental Sustainability The vision for Alkimos Beach is to create a master-planned community of national significance, moving towards carbon neutrality. The intention is to ensure that carbon management is embedded within the project team culture and the project team has the tools to make informed decisions on the most appropriate options. The ultimate benefit of this approach to buyers will be very practical, for example reduced power and water bills and better transportation options. A range of initiatives has resulted in Alkimos Beach forging new ground in sustainable development, being the first project in Western Australia to gain accreditation in all six categories of the Urban Development Institute of Australia’s prestigious EnviroDevelopment initiative. Alkimos Beach is the biggest and most significant coastal development north of Perth in 50 years and one of the largest in Australia to receive all six EnviroDevelopment leaves. The UDIA’s EnviroDevelopment accreditation is a scientifically-based assessment program launched by the UDIA in Western Australia in 2009. Its branding system makes it easy to select estates that meet rigorous criteria in the categories of Energy, Water, Community Development, Ecosystems, Materials and Waste. Alkimos Beach earned its EnviroDevelopment accreditation with nation-leading sustainability initiatives that contribute to a smarter and more efficient way of living. Focusing on protection and enhancement of the natural environment, Alkimos Beach will implement environmentally sensitive construction, flora and fauna management, eco-landscaping, environmental stewardship and water sensitive design. Residents at Alkimos Beach will have the opportunity to be involved in market leading and innovative behaviour change programs, designed to ensure they are fully aware of the cost and environmental benefits of sustainable living. All home buyers at Alkimos Beach will receive a 1 kw solar panel, an in-home energy monitor, LED light globes and a rebate for the purchase of energy and water efficient appliances. These measures will ensure that homes oriented properly at Alkimos Beach meet a seven-star environmental rating, which is estimated to reduce household carbon Lend Lease Corporation Limited ABN 32 000 226 228 Level 2, 10 Ord Street West Perth WA 6005 Telephone +61 8 9223 2800 www.lendlease.com emissions and energy costs by 50 per cent. The measures will go towards creating smart homes, which are estimated to save each household up to $1,500 every year. Timeframe Construction of the first stage at Alkimos Beach began in September 2012 and the first roads, parks and lots will be nearing completion in April 2013. The first homes are planned to begin construction in May 2013. The Alkimos Beach Sales and Information Centre opens January 19, 2013, and land sales will commence from this date. First display village is scheduled to open in 2014. Affordability Alkimos Beach will feature distinct residential villages with a range of homes to suit all lifestyles and budgets. We are committed to providing affordable options, and over the life of the project Alkimos Beach is predicted to deliver at least 10% of all home and land packages at 75% of the corridor median house price. Alkimos Beach Fast Facts Size Alkimos Beach is a 710 hectare master planned community Initial stage of 224 hectares to commence 2012 Balance to be completed in following stages over the next 20 years Alkimos – Eglinton region covers approx 2600 ha Alkimos Beach City Centre is three times the size of the Subiaco Centro It will have twice the retail of Subiaco Centro The entire 710ha of Alkimos Beach is roughly as big as the area from Kings Park to Cottesloe Population First stage is to accommodate up to 6,000 residents over 224ha Full 710 hectare to accommodate15,000 people or 6,000 residential dwellings Provide 12,000 employment opportunities Entire Akimos/Eglinton is estimated be home to 57,000 people over the next 2025 years Location 40 kilometres north of the Perth CBD Lend Lease Corporation Limited ABN 32 000 226 228 Level 2, 10 Ord Street West Perth WA 6005 Telephone +61 8 9223 2800 www.lendlease.com 15 kilometres north of Joondalup 3 kilometres north of Butler Part of the fast growing north-west metropolitan corridor Transport City Centre train station planned with direct links to Perth CBD City Centre rail infrastructure planned to be provided before 2020 Butler train station expected by end of 2014 Direct existing access to Marmion Avenue All dwellings within 500m of a bus stop Mitchel freeway to be extended to Yanchep – (date not confirmed) Parks and Reserves Around 68 hectares (or 30 percent) of the site will be made up of o parks, playground and playing fields, o conservation reserves, o dune and foreshore reserves, Natural vegetation reserves linking residential areas to ocean, City Centre, community facilities and train station Significant pedestrian and cycle routes between beach, City Centre and train station Shopping Regional City Centre with retail and commercial areas Up to 75,000 sqm of retail planned in the City Centre 80,000 sqm of Bulky Goods Retail/Showroom planned in the City Centre Shopping, cafes and restaurants by the beach Education Nearby Range of childcare and kindergarten facilities Range of primary and secondary schools – public and private Possible TAFE Campus in City Centre 20 minutes from Edith Cowan University, Joondalup Campus Community and Recreation Coastal village A regional beach, including Surf Life Saving facilities Regular events and activities like outdoor cinemas, fitness classes, night markets, festivals, community sports and adventure clubs A Community Connections program will organise resident welcome events, community promotions, newsletters, events and ongoing consultation. Lend Lease Corporation Limited ABN 32 000 226 228 Level 2, 10 Ord Street West Perth WA 6005 Telephone +61 8 9223 2800 www.lendlease.com Environmental Initiatives Retention of existing dunes and topography Green linkages through the community Use of natural gradients to optimise views, breezeways and solar access Green energy generation initiatives to be explored Smart water initiatives Lend Lease Corporation Limited ABN 32 000 226 228 Level 2, 10 Ord Street West Perth WA 6005 Telephone +61 8 9223 2800 www.lendlease.com ABOUT THE ALKIMOS BEACH CHARACTERS AND ARTIST. Alkimos Beach will be a dynamic, beachside village, that’s full of life and connected to values of the past. The vibrancy and colour that naturally occurs throughout the dunes, the sky and the ocean at Alkimos Beach inspired the bright and varied colour palette, and an Argentinian artist has created the Alkimos Beach characters. They are the ambassadors for the Alkimos Beach and will grow and evolve over the life of the project. The characters are drawn to evoke a reminiscence of children’s books from years gone by. Years that were characterised by safe streets, exploring your community with friends, having a best friend live next door, and a life spent outdoors rather than in front of computers and TVs. The characters represent key features of the new community: Character Girl with red boat Boy with a flag Girl with book Boy with a kite Girl at the school bus stop Boy building a sand castle Girl with the lemonade stand Girl with plant Represents The Alkimos wreck The Indian Ocean Community values Being welcomed by others Safety Lifelong education Reading and exploration Outdoor activity, sports Fun & exploration Public transport Local schools Building your own home Playing at Alkimos Beach Enterprise & business A place safe for kids to be kids Biodiversity Sustainability and reduction in carbon emissions Paola Zakimi lives in Villa Giardino in Cordoba, in the heart of Argentina. She has drawn characters to reflect the life and personality of Alkimos Beach, and represent its key elements. Lend Lease Corporation Limited ABN 32 000 226 228 Level 2, 10 Ord Street West Perth WA 6005 Telephone +61 8 9223 2800 www.lendlease.com