Penrith. $219.2 million project

The Department of Planning and Infrastructure has on exhibition a concept plan for the construction of a six-stage mixed-use development comprising residential, retail and associated uses, on the former Panasonic suite, at 164 Station Street, Penrith. The plan seeks approval for: approximately 570 residential flat dwellings, private and communal open space, parking and public domain works; and ancillary non-residential uses including: neighbourhood shops and food and drink premises within the ground floor of the residential buildings, up to a maximum of 995 square metres; and a tavern with gross floor area of 1800 square metres, ancillary car parking and associated site works. Total site area of 7.855 hectares. The capital investment value of the development proposed is $219.2 million.