THE first residents of a massive urban regeneration project along the Cockburn coast could call North Coogee home within 18 months.
On Wednesday Lands Minister Terry Redman unveiled stage one of Shoreline, a 47ha site that will one day feature 2500 apartments and townhouses and be home to more than 5000 people.
A school and retail, dining and commercial facilities are also planned.
“This is almost a Cottesloe of the south,” Mr Redman said.
LandCorp spent $21 million bringing the former industrial area up to scratch and creating public open space.
Chief executive Frank Marra said the first stage of development had created 39 lots; enough to accommodate 300 dwelling units and up to 800 people in this first stage.
“This project is at the start of something I think will be quite revolutionary for Perth,” he said.
Cockburn Mayor Logan Howlett said people were amazed with what had emerged out of nowhere over the last year.
Mr Howlett said the development would complement Port Coogee and help maintain public access to the beach front.
Shoreline is one of three planned precincts between South Beach and Port Coogee.
When all three are complete the $4.9 billion Cockburn coast redevelopment area will be home to 12,000 people.