Cedar Woods, LandCorp and St Ives are working together on the 7.93ha project.
It will include 110 residential townhouses and apartments, an aged-care facility for 120 people, a retirement village with 161 apartments and 3400sq m for retail, offices and medical facilities.
Cedar Woods’ State manager Stuart Duplock said the recent appointment of DM Civil to undertake initial construction work was a milestone for the Carine Rise project.
‘With construction works now due to get under way next week, it signifies an exciting new phase in the evolution of Carine Rise,’ he said.
‘It is an important infill development for Western Australia and supports the State Government’s Directions 2031 and Beyond strategy aimed at addressing Perth’s growing population which is expected to reach 3.5 million by 2031.’