The project, S Pagewood by Silkari, will see 256 new dwellings, with a mix of townhouses and units, on completion as part of the revitalisation of the south-eastern former industrial suburb of Pagewood.
The final stage, known as The Silkwood Collection, includes 60 high specification homes. Within this collection are 12 three-storey, three-bedroom townhouses complete with their own street-level entry.
Visionary purchased the 19,000sq m site, at 32 Page street, in 2016 from Robert Magid for $41 million.
Visionary has residential portfolio of five sites, totalling 1200 dwellings, with a gross development value of around $2 billion.