Thursday, 28 November 2013

Meriton proposes two towers

Heavyweight apartment developer, Meriton, is boosting its profile in Parramatta with a proposal to build two, 13-storey towers on its Meriton Apartments Parramatta property adjacent to the corporate precinct of the CBD.
This is in addition to the twin tower mixed-use complex on the former site of the David Jones store, which is currently being demolished, in the restaurant precinct, at 330 Church Street.
The latest proposal includes the demolition of two of the five buildings on the Meriton Apartments site, on the north-east corner of George and Charles streets, for the construction of 146 apartments, a 56-place child care centre and retail tenancies at an estimated cost of construction is $50 million
The application, prepared by Meriton Property Services Pty Ltd and Karimbla Construction Services (NSW) Pty, will be determined by the Western Sydney Joint Regional Planning Panel.
The company has approval for the construction of a 22-storey tower containing 170 serviced apartments, and a 32-storey tower containing 211 residential apartments, on the David jones property, representing a capital investment of $150 million.
Since that approval in February 2013, Meriton has sought to increase the towers to 27 and 48 towers respectively, adding 159 residential apartments and 96 serviced apartments
This request is currently being assessed by the department of Planning & Infrastructure.
Elsewhere, Krikis Tayler Architects has lodged a DA for the demolition and construction of a mixed use development, at 2-6 River road West, Parramatta.
The project, on a former light industrial site, includes two 11-storey buildings and one 12-storey building containing a total of 287 units. The estimated cost of work is $82.5 million
Major apartment towers under construction or approved include 770 units, at 2 Morton Street, 500 units, at 57-83 Church Street, 381 units, at 330 Church Street and 265 units, at 109-113 George Street.

A Parramatta City Council report identified a total of 4850 apartments had been approved in the period 2007-2013.  


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