Dean Pegg of the Pegg Group is excited about their next development that is due to commence construction in May, 2017. The development, consisting of 108 residential units in two towers, with ground floor commercial space and 5 basements for car parking, is the first of its magnitude in Ipswich.
Dean has been dedicated to the project for nearly 9 years, working closely with council to ensure the area gets what it needs to house and service its growing population. He has confidence in the area and the town’s leadership which he says is pro-development. etender’s team is working with Dean to help him bring his goal to fruition.
Ipswich’s population is increasing at twice the rate of the rest of Queensland sitting at 190,000 residents.
Due to the $1.5 billion expansion of the Amberley RAAF Base, 2000 new base staff and their families will soon call Ipswich home; the current population is projected to increase to 435,000 by 2031. Tthat is just a short 15 years time placing immense pressure on the supply of housing in Ipswich. Planned growth to 2041 = 520,000 residents!
Think of the big picture : A population growth over the next 24 years of 330,000 new residents in Ipswich @ 2.3 persons per household; will require
- 143,000 new dwellings in the next 24 years
- OR 5,978 dwellings per year