Sydney developer, Desane, has lodged plans for the development of a 273-apartment mixed-use project in Penrith.
The development will include 30 affordable dwellings and provide ongoing medical and knowledge-based employment opportunities to complement the recently-approved Nepean Health Precinct, an integrated community health facility.
The developer purchased the site in 2017 from public sector agency, UrbanGrowth NSW for $3.9 million. They engaged planning group Urbis to conduct initial discussions with the council for the rezoning of the 1.2 hectare site. They also say that the construction of the site will cost $138 million and generate 380 construction jobs in Greater Western Sydney.
Desane head of property, Rick Montrone, says “Our proposal offers key workers and young families the opportunity to secure a significant level of affordable housing.”
The developer expects the proposal to take 18 months from the date of lodging their proposal to be approved.
For more information please visit Desane.
Images via The Urban Developer.
Hotel Floriel is a refreshing new high-end hospitality destination nestled in the natural beauty of the Village of ...
Central Element (CE) has lodged the plans and appointed an architect for its rare $51m Bondi Beach site. ...
Residential development is continuing to grow in Palm Beach, situated at the southern end of the Gold Coast, ...
From more than 5,500 entrants, just 22 builders, 13 electrical businesses and 20 plumbing service businesses have made ...
The Master Plumbers Association (MPA) of NSW has called on the Federal Government to take decisive action to ...
Specifier Source is brought to you by the same company that publishes Home Design, Grand Designs Australia Magazine, Kitchens & Bathrooms Quarterly Magazine, Outdoor Design Source, Build Home, CompleteHome and many more.