186/806 Bourke St, Waterloo, NSW, Australia
Left For Project To Expire
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The $240 million mixed-use development, known as GS15, is located on the edge of Zetland’s heritage precinct and will range from seven to 22-storeys with added retail and commercial facilities.
The first and fourth building will reach 22-storeys and seven-storeys respectively.
The second and third buildings will include green roofs. The second tower, “building B”, will reach 12-storeys and the third tower, “building C”, 12-storeys.
Green Square redevelopment
Publicised as Australia’s largest urban redevelopment project, Green Square spans 278 hectares or urban renewal area forming a $13 billion urban renewal construction project.
The project, which will receive $540 million in contribution from the City over the next 10 years, is expected to be home to 61,000 people by 2030.
Developer Crown Group proposed a $41.3 million, eight-storey residential building within Sydney’s Green Square renewal precinct in March this year.
Other components of the major renewal project include the recently launched $32 million Green Square community and cultural precinct, built on the site of the former south Sydney hospital site.
The development also includes the under-construction Gunyama Park Aquatic and Recreation Centre.
When fully-developed, Green Square will accommodate close to 61,000 people living in 30,500 new homes and provide around 21,000 permanent jobs.
Macro Property Australia
0416 228 108