The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
URBAN LEADER AWARDS ARE BACK! START YOUR NOMINATIONS
URBAN LEADER AWARDS ARE BACK! START YOUR NOMINATIONS
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherClare BurnettWed 06 Sep 23

Coles Plans Neutral Bay Shoptop Masterplan

Coles Neutral Bay EDM

The supermarket-turned-developer trend continues with the latest shoptop precinct by a grocer proposed at Neutral Bay.

Coles Group Property Developments has lodged plans for a four-stage precinct at 41-53 Grosvenor Street in the North Sydney suburb on what was formerly a Woolworths site.

With Titanium Property Investment, Coles commissioned SJB Architects to design the seven-storey tiered mixed-use site. 

Six storeys of apartments will be built over the 3429sq m of retail space if the development is approved.

The residential component will offer 72 apartments, 11 one-bedrooms, 27 two-bedroom units, 30 three-bedroom and 4 four-bedroom apartments.

Coles said that attempts to redevelop the site had been ongoing since it was identified as the Grosevenor Lane Car Park Precinct in 2014, but “due to a range of commercial, financial and other circumstances, this vision has not been able to be realised over the past decade”. 

The latest plans submitted to North Sydney Council propose the demolition of existing structures and the construction of a seven-storey housing development with a supermarket, liquor store and retail premises on the ground floor. 

The proposed development will surround a public plaza and will also deliver four levels of underground basement parking, with 267 spaces available to the public and the remainder of the 351 spots for private residents. 

null
▲ Coles is spending an estimated $169 million to build the Neutral Bay precinct.


Coles proposed a stepped building to minimise the overshadowing of the planned plaza and promised to design, construct and fund the construction on a public plaza on council land, including public domain improvements to Grosvenor Lane.

It is the latest supermarket development project as Coles and Woolies vie for development space.

“Supermarkets have played in this development space, intermittently, over the years but more recently they seem to be more directly engaged,” Robert Papaleo, Colliers national director for build-to-rent told The Urban Developer.

Elsewhere, Fabcot, the development arm of supermarket giant Woolworths, launched plans for a new retail precinct in a suburb of Liverpool, south-west of Sydney, this year.

ResidentialRetaildo not useAustraliaSector
AUTHOR
Clare Burnett
More articles by this author
ADVERTISEMENT
TOP STORIES
Scape PBSA Kingsford EDM
Exclusive

It Takes More Than a Room: PBSA Evolves to Meet Student Demands

Clare Burnett
7 Min
Exclusive

Soheil Abedian: What’s Driven the Man Who’s Transformed a City

Phil Bartsch
7 Min
Exclusive

Robots Not a Miracle Cure for Housing Productivity Crisis

Vanessa Croll
6 Min
Exclusive

Where 600 Wealthy Families Are Putting Their Millions

Taryn Paris
6 Min
Brique Projects EDM
Exclusive

Brique Thrives in Cauldron of SE Queensland Development

Clare Burnett
7 Min
View All >
Infrastructure

Invest Gold Coast Launches Hunt for $500m Arena Partner

Renee McKeown AND Taryn Paris
Scape PBSA Kingsford EDM
Exclusive

It Takes More Than a Room: PBSA Evolves to Meet Student Demands

Clare Burnett
Salvos Coliving EDM
Residential

Investa, Salvos Reveal Co-Living Plan for Sydney CBD

Clare Burnett
The 17-storey project in the CBD would rise on the site of The Salvation Army’s headquarters in the capital…
LATEST
Infrastructure

Invest Gold Coast Launches Hunt for $500m Arena Partner

Renee McKeown AND Taryn Paris
3 Min
Scape PBSA Kingsford EDM
Exclusive

It Takes More Than a Room: PBSA Evolves to Meet Student Demands

Clare Burnett
7 Min
Salvos Coliving EDM
Residential

Investa, Salvos Reveal Co-Living Plan for Sydney CBD

Clare Burnett
2 Min
Industrial

ISPT Files Plans for Dandenong Mega-Logistics Project

2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/coles-plans-neutral-bay-shoptop-masterplan