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Industry Awards

BHC is pleased to announce that we have been the recipient of the following industry awards:

 

2008

 

  

  

2007

• UDIA Qld Award for Excellence Finalist (Medium Density Housing Category) – Hartopp Lane, Kelvin Grove
• UDIA Qld Award for Excellence Winner (Affordable Housing Category) – Hartopp Lane, Kelvin Grove
• Qld Planning Institute of Australia Award for Excellence (Northshore Development Group Housing Category) – Kelvin Grove Urban Village
• Qld Planning Institute of Australia Award for Excellence (Overall Winner 2007) – Kelvin Grove Urban Village
• Australasian Housing Institute Award for Professional Excellence (Excellence in Practice: Housing Management) – Brisbane Housing Company Ltd

  

2006

• UDIA Qld Award for Excellence Winner (Affordable Housing Category) – Ramsgate Street, Kelvin Grove
• UDIA Qld Award for Excellence Finalist (Affordable Housing Category) – Warry Street, Fortitude Valley
• Royal Australian Institute of Qld Honourable Mention (Multi Residential Category) – School Street, Kelvin Grove  

  

2005

• UDIA Qld Award for Excellence Winner (Affordable Housing Category) – R K McGuire Place, Paddington.

Progress

To date the Brisbane Housing Company holds 596 completed and occupied units with 111 under construction, 97 in approved design stage and 90 in site acquisition stage. Projects in the preliminary feasibility stage exceed 100. On this basis, the total Company program from preliminary projects through to completed schemes exceeds 1020 Units which we hope to achieve by 2010.

This total anticipated housing to be achieved exceeds the BHC business plan by a significant margin despite challenges faced by difficult market conditions and unavoidable delays. Close monitoring and cash flow management have been undertaken to achieve these results.

Increasing Output

Priority is being given to strategies to acquire land cost effectively, to establish partnerships and joint ventures with the private sector to reduce construction costs and to maximise the benefits of leveraging debt finance.

The Company is also researching new models and products including accommodation for the homeless who are excluded from existing hostels & clients with special needs. With encouragement from the Brisbane City Council, we are seeking ways to achieve higher densities on the land we acquire.

Efficient Building

Our success in securing value for money is illustrated by the fact that projects initiated most recently have been secured at an average cost of construction including fees of approx $170K.

COMPLETED PROJECTS

For information on Brisbane Housing Company's completed projects, see property portfolio.

PROJECTS UNDER CONSTRUCTION

RICHLANDS:

Stage 1:

• 6 x Studio Units
• 3 x 1 Bedroom Units
• 22 x 2 Bedroom Townhouses
• 4 x 3 Bedroom Townhouses
• 4 x 4 Bedroom Townhouses

Stage 2:

• 16 x 3 Bedroom Townhouses
• 4 x 4 Bedroom Townhouses
• 1 x 5 Bedroom Townhouse

Total: 60 Units and Townhouses

NUDGEE:

• 20 x 1 Bedroom Units
• 17 x 2 Bedroom Townhouses
• 6 x 3 Bedroom Townhouses

Total: 43 Units/Townhouses

COLTON

• 6 x Studio Apartments
• 9 x 1 Bedroom Apartments
• 12 x 2 Bedroom Apartments
• 2 x 3 Bedroom Apartments

Total: 29 Units