Leading social enterprise Junction will build a new $36 million development in the heart of Tonsley’s Innovation District, providing much-needed new homes for South Australians.
The project, which will see 50 apartments developed as part of its first stage, has been supported with a $15.2 million injection from the Federal Government’s Social Housing Accelerator Program (SHAP), delivered in partnership with the State Government and Community Housing Providers.
A new Junction community and service centre will also be built onsite boosting support for residents and the local community.
“We know that, to live a good life, you need safe and secure housing – it’s the springboard for everything else,” Junction CEO Maria Palumbo said. “And that housing needs to be within vibrant communities where people are close to transport, education and services….places where they want to live and are proud to be part of.
“This development will enable South Australians of different ages - who are at different stages in their lives - to access secure and affordable housing alongside support services within in a connected community.”
Ms Palumbo said SHAP funding ensured the delivery of the Tonsley project “true to vision”.
With large community spaces, a co-working area, community cafe and a bike hub, the development is designed to connect and empower community.
The apartments, varying in size and style, will all be built to 7.5 stars under the Nationwide House Energy Rating Scheme (NatHERS) – with high-quality, low-maintenance features and thoughtful layouts, including large, private open balconies to maximise views and natural light.
As part of a second stage of the project, Junction is planning to develop an additional 63 affordable apartments within an eight-storey building on the same site.
“This development will significantly increase activity at Tonsley,” Ms Palumbo said.
“It will contribute to local businesses and drive economic activity within an emerging precinct, while, also, addressing the needs of South Australians in housing stress.
“What we are embarking on here is innovative in its approach and has the power to positively impact the lives of people and this precinct for generations to come.”
Ms Palumbo said Junction’s Tonsley project is included in an impressive pipeline for the organisation which will see it deliver up to 2000 new social, affordable and market homes over the next five to seven years.
“This partnership between Federal and State Governments and Community Housing Providers is critically important to addressing the housing crisis in SA and across the country,” Ms Palumbo said.
Construction is set to begin on the project in July with the first stage to be completed by late 2025.
Established in 1979, Junction provides housing and support to more than 10,000 South Australians each year.
Media Contact: For more information contact Danielle Gordon on 0401 696 853.
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