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Ingenia fails to get green light from Sydney panel for senior housing project

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Ingenia fails to get green light from Sydney panel for senior housing project

Ingenia Communities Group was rejected by the Sydney West Planning Panel for its application to construct an affordable senior-living development in the Sydney suburb of Vineyard.

According to a company release, the company got the go-ahead for the project from the local council, but failed to get the same nod from the planning panel. Simon Owen, Ingenia's CEO, said the latest rejection would not alter the company's development target of bringing on the market upward of 350 new residential settlements for the 2019 fiscal year, since Avina stood for lower than 10% of their pipeline of more than 2,580 sites.

Owen added that the company was waiting for the "final determination" for the planned project, which is expected to be delivered in the following week, before charting its next move.

According to its website, Ingenia owns three retirement villages and a stake in five similar developments via its participation in a joint venture.