Developers today are looking for new and innovative ways to develop properties for where both home owners and businesses can coexist. We have started to see more community projects start up that include condos and businesses under one main footprint that creates a small ecosystem. This is also the case along major water fronts like those Australia. One such developer , Angus Reed, and his company Prudentia have been involved in developing Wyndham Marina, located in Melbourne, Australia. The project itself was delayed in the initial phases to get started to due to land use and sustainability surveys that had to be completed in order to understand the impact on the surrounding wetlands and shore lands. In the development plans there was about 12 hectare of wetlands and public space that have been created. In addition there was a commitment by Angus Reed and development company to rehabilitate some of the coastal shores and reserves in the surrounding areas.
Angus Reed is no stranger to developing marina properties as he showed in a project that was built in Dubai. In different countries the requirements are change and being able to develop a major entertainment, commercial and residential area was critical in the success of getting approval of the Wyndham Marina project. There will be solar powered systems in place to help home owners and businesses to harness the suns power and reduce their carbon footprint. A minimum 6 star energy rating will be required for all homes and using local and newly developed wetlands can be used to capture water runoff and provide more reusable resources.
The marina will offer up to 1000 wet beths with the ability to store up to 390 boats and right now they are selling 99 years leases. A proposed ferry will help link other ports along the waterway and the development is estimated to generate approximately 400 jobs and have major positive impact on the local company.







