Observatory Living is a substantial multi-unit residential development designed in conjunction with Durie Design. It is part of the new Wright precinct located in the Molonglo area of Canberra. Wright is staged development being undertaken by the ACT Land Development Agency. The development is in its concept stages with DA expected to be lodged in late 2012. Section 46 is located near the northern edge of Wright and is part of Stage 2 of the development. The end product will comprise of 270 residential units with a combination of one bedroom, two bedroom and three bedroom units in 7 buildings. A proportion of affordable housing units will also be part of this new development.