The parcel of land is being developed to help provide a major new community to support the future Alkimos City Centre.
When complete, the Alkimos Central development will be home to an estimated 4,650 people .
The new project underpins Lendlease's commitment to the Western Australian market said Anthony Rowbottam, general manager of the Lendlease communities business in Western Australia.
Lendlease expect to start work on the first 63ha precinct in 2017.
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