Latest news with #Deicorp
Daily Telegraph
05-05-2025
- Business
- Daily Telegraph
‘Ground breaking' development coming to Western Sydney
Parramatta CBD is set to have a 'ground breaking' 45-level twin tower featuring modern apartments, three levels of retail and eateries within a uniquely designed building. Construction of 'Cosmopolitan,' the latest project by Sydney development company Deicorp, has begun and is said to be unlike anything currently within the suburb. Located at 34 Hassall St, the twin buildings will deliver 604 new apartments into the community by 2027. As well as the much needed injection of new homes, the development includes a three-storey commercial and retail podium, just steps away from the new Parramatta light rail line opposite James Ruse and Robin Thomas Reserves. MORE: 'Tensions': insane sum parents are gifting kids Rural hide-out celebrities are flocking to MORE: Sydney home prices to explode post-election Designed by award-winning architecture firm Turner, the building will feature a raised podium, elevated courtyard garden, laneways and ample retail and hospitality frontages for commercial tenants. The outdoor podium levels will include laneway eateries, elevated gardens, specialty retailers, flexible workplaces, a fitness centre and medical practice which will be connected to the surrounding parkland. Deicorp executive manager Rob Furolo said the architecturally designed building will be a unique addition to the Western Sydney locale. MORE: Former MasterChef warehouse up for lease 'We are delighted the construction of the Cosmopolitan will address the strong demand for well-built and well designed apartments close to jobs and public transport,' he said. He added that the nearly 6,000 square metres of commercial and retail space will create vibrancy and convenience for future residents as well as the broader community. 'We have partnered with one of Australia's leading architecture studios Turner to create this groundbreaking building that has been designed to give its residents and visitors the sense of being surrounded by a garden while enjoying an urban village feel.' Turner's design for the project was chosen by an expert design panel and approved by the Sydney Central City Planning Panel. Cosmopolitan will be less than a minute walk to the nearest light rail stop and less than a 10 minute walk to Parramatta train station and ferry wharf. With views over the park and river, Cosmopolitan will include one, two and three-bedrooms apartments including split level residences. MORE: Amy Shark scores $2.35m payday
News.com.au
04-05-2025
- Business
- News.com.au
‘Ground breaking' development coming to Western Sydney
Parramatta CBD is set to have a 'ground breaking' 45-level twin tower featuring modern apartments, three levels of retail and eateries within a uniquely designed building. Construction of 'Cosmopolitan,' the latest project by Sydney development company Deicorp, has begun and is said to be unlike anything currently within the suburb. Located at 34 Hassall St, the twin buildings will deliver 604 new apartments into the community by 2027. As well as the much needed injection of new homes, the development includes a three-storey commercial and retail podium, just steps away from the new Parramatta light rail line opposite James Ruse and Robin Thomas Reserves. Designed by award-winning architecture firm Turner, the building will feature a raised podium, elevated courtyard garden, laneways and ample retail and hospitality frontages for commercial tenants. The outdoor podium levels will include laneway eateries, elevated gardens, specialty retailers, flexible workplaces, a fitness centre and medical practice which will be connected to the surrounding parkland. Deicorp executive manager Rob Furolo said the architecturally designed building will be a unique addition to the Western Sydney locale. 'We are delighted the construction of the Cosmopolitan will address the strong demand for well-built and well designed apartments close to jobs and public transport,' he said. He added that the nearly 6,000 square metres of commercial and retail space will create vibrancy and convenience for future residents as well as the broader community. 'We have partnered with one of Australia's leading architecture studios Turner to create this groundbreaking building that has been designed to give its residents and visitors the sense of being surrounded by a garden while enjoying an urban village feel.' Turner's design for the project was chosen by an expert design panel and approved by the Sydney Central City Planning Panel. Cosmopolitan will be less than a minute walk to the nearest light rail stop and less than a 10 minute walk to Parramatta train station and ferry wharf.
The Age
23-04-2025
- Business
- The Age
Developers want to build 1100 apartments. Two councils are alarmed
An inner Sydney council is fighting a mammoth $880 million proposal to build more than 1000 apartments beside Parramatta Road, arguing the towers would overshadow houses on the opposite side of the busy thoroughfare, despite the development sitting outside the council's boundaries. The Inner West Council has objected to property giant Deicorp's plan to build 1185 homes, including 219 affordable housing units, in six towers up to 31 storeys between Parramatta Road and Queens Road in Five Dock. The City of Canada Bay council has also lodged a formal objection to the 'state significant' Kings Bay Village proposal, which will be decided by the NSW government. Deicorp reportedly purchased the 3.12-hectare industrial 'super site' next to Rosebank College for $260 million in 2023. It submitted plans seeking to leverage the Minns government's 30 per cent height and floor space incentives for developers who added affordable housing units to projects for a minimum of 15 years. The policy has triggered Sydney-wide opposition from councils and residents, who have criticised the proposals for their scale, potential traffic congestion, and time limit on affordable housing. In the latest battle over the scheme, the Inner West Council is complaining that the suburb of Croydon, south of Parramatta Road, would be 'significantly impacted' by the Kings Bay Village project, which includes units, offices, shops, a recreational facility and a public park between the future Five Dock and Burwood metro stations. In a submission to the Planning Department, the council argued the buildings would block sunlight from single-storey homes on Lang, Dalmar and Byron streets on the mid-winter solstice, or the shortest day of the year, on June 21. The council said this was at odds with the solar access requirements in its development control plan (DCP) or the detailed planning and design guidelines that inform new developments.
Sydney Morning Herald
23-04-2025
- Business
- Sydney Morning Herald
Developers want to build 1100 apartments. Two councils are alarmed
An inner Sydney council is fighting a mammoth $880 million proposal to build more than 1000 apartments beside Parramatta Road, arguing the towers would overshadow houses on the opposite side of the busy thoroughfare, despite the development sitting outside the council's boundaries. The Inner West Council has objected to property giant Deicorp's plan to build 1185 homes, including 219 affordable housing units, in six towers up to 31 storeys between Parramatta Road and Queens Road in Five Dock. The City of Canada Bay council has also lodged a formal objection to the 'state significant' Kings Bay Village proposal, which will be decided by the NSW government. Deicorp reportedly purchased the 3.12-hectare industrial 'super site' next to Rosebank College for $260 million in 2023. It submitted plans seeking to leverage the Minns government's 30 per cent height and floor space incentives for developers who added affordable housing units to projects for a minimum of 15 years. The policy has triggered Sydney-wide opposition from councils and residents, who have criticised the proposals for their scale, potential traffic congestion, and time limit on affordable housing. In the latest battle over the scheme, the Inner West Council is complaining that the suburb of Croydon, south of Parramatta Road, would be 'significantly impacted' by the Kings Bay Village project, which includes units, offices, shops, a recreational facility and a public park between the future Five Dock and Burwood metro stations. In a submission to the Planning Department, the council argued the buildings would block sunlight from single-storey homes on Lang, Dalmar and Byron streets on the mid-winter solstice, or the shortest day of the year, on June 21. The council said this was at odds with the solar access requirements in its development control plan (DCP) or the detailed planning and design guidelines that inform new developments.
