Summary:
- Campus Living Villages secured a $70 million loan from the Australian Government via the Northern Australia Infrastructure Facility to build a new 352-bed student accommodation building opposite Charles Darwin University’s Danala – Education and Community Precinct in Darwin.
- The funding also supports refurbishment of existing accommodation at CDU’s Casuarina campus, adding 50 student beds, enhancing the university’s capacity to attract students and support local employment aligned with Northern Territory economic goals.
- The Northern Territory Government provided the land under a Crown Lease, enabling construction to begin, with government officials emphasizing the project’s role in addressing Darwin’s housing demand, supporting student retention, and contributing to regional growth.
Original article:
https://newshub.medianet.com.au/2026/04/70m-funding-boost-for-student-accommodation-project/149372/
