Sovereign Hills is booming.
The latest residential release of some 500 homes in the Heritage precinct was unveiled on Tuesday.
The release is the region’s second largest this century.
The construction process will span three years, however developer Lewis Land Group’s head of development Michael Long says he expects the flow on effects will be felt for years.
“The Heritage at Sovereign Hills provides the ability to create homes for 500 new families, many new jobs and over $250m of investment into the Port Macquarie-Hastings region over the next three years,” Mr Long said.
“The Heritage is a community-focused and nature precinct, providing affordable house and land options surrounded by regenerated parklands.
“A newly constructed underpass will provide safe and direct connectivity to the future Sovereign Hills town centre, St Joseph’s Regional College and childcare centres, making this a great value neighbourhood for growing families.”
Mr Long said the Heritage will provide significant jobs in construction, professional services, manufacturing and retail.
Lewis Land Group is delighted to be contributing to the economic growth and prosperity of the region with this expansion of our Sovereign Hills community.Michael Long
“Lewis Land Group is delighted to be contributing to the economic growth and prosperity of the region with this expansion of our Sovereign Hills community,” he added.
One of the many flow-on effects includes an increase in full time staff for earth moving contractor Kazac Civil.
Managing director Steve Cusato says more than half his workforce and machinery are involved in the Sovereign Hills project.
“In the last three to four years we’ve increased our full time staff from 15 people to 80,” he said. “We’re undertaking $15 million worth of work at Sovereign Hills right now constructing the residential stages and Oxley Highway underpass, so it’s a significant project for our company.”
The Heritage DA approval follows the successful release and imminent completion of Sovereign Hills’ adjoining Stirling Green precinct, which comprises 378 homes, including the Sovereign Hills Display Village.
LLG recently announced plans to build Stage 1 of the Sovereign Hills town centre development. The 4500sq.m convenience centre is the initial stage of 25,000sqm of retail, commercial and community space with a strong focus on sustainability.
Stage 1 will include a full-line supermarket, medical centre and pharmacy, supported by specialty stores, and is anticipated to open in late 2019 - just in time for Sovereign Hills’ next wave of new families to utilise.
Once complete, the Sovereign Hills project will comprise up to 2500 homes, interspersed with parkland and community facilities, across a 350-hectare footprint.