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The Parks Residences gets green light

Construction will soon begin on the luxury The Parks Residences following development approval this week.

The Parks is a premium new development located in the sought-after inner-south Canberra neighbourhood of Red Hill set amongst lush gardens and parks.

With civil works soon to be completed and DA finalised, respected developer DOMA will shortly break ground on The Parks Residences – 136 apartments spread across six buildings.

“The design of The Parks village-like precinct and the size of the site it sits on, which is 5.2 hectares, makes this one of the lowest density, high quality developments in the ACT,” Colliers International Director Projects and Land Marketing, Josh Reid praised. 

For DOMA Senior Development Manager David Jameson reaching these milestones is bringing the company’s vision to life. “With civil works being completed, the many central parks around which the homes are set to take shape before the end of the year, and now construction on the Residences to get underway in early 2021, people can really begin to get a feel of the planning that has gone into making The Parks a lifestyle destination worthy of its address. 

Red Hill is one of Canberra’s most esteemed inner-city suburbs serviced by an exceptional local shopping village that includes a pharmacy, high-end grocer, café, restaurant, hairdresser, post office, butcher and is only minutes from Lake Burley Griffin, Parliament House, the CBD and the popular Manuka and Kingston dining and retail precincts.

“This ease of convenience is really what people are looking for. There is research suggesting the 20-minute neighbourhood, where we have all the conveniences we need close to home, is the way people want to live and is the new gold standard for urban planning. Developments like The Parks bring that concept to Canberra in the best possible way,” Mr Reid said.

“Previously people may have thought they were priced out of Red Hill or didn’t want a large older home on a big block, which it the traditional housing in this area. The Parks is changing all that and offering people new choices for a luxury home in an outstanding location.”

Respecting the residential nature of Red Hill, design of The Parks Residences has been inspired by Parisian and London townhouses.

“We aspired for the homes to be timeless in design,” Mr Jameson said.

The layout of each apartment has been carefully designed to combine functionality and elegance, anchored by neutral palettes and luxurious finishes including stone benchtops, marble splashbacks, Miele appliances and herringbone timber floors.

Interiors reference the architectural style of grand European terraces. The detailing within the interiors is both refined and restrained to allow a focus on hero elements such as joinery mouldings, fluted glass within the bathrooms, New Zealand wool carpets and freestanding bathtubs. Every design consideration elevates residences well above the ordinary.

“Also proving popular with buyers are the views and size of the homes’ interiors and exteriors,” Mr Reid added.

The Parks Residences are scheduled for completion in mid-2022.


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