Deicorp is about to start work on its largest project to date after gaining state significant approval for a 17-building development in Sydney’s north-west.
The $332-million development includes 987 apartments, 9259sq m of retail and commercial space, and 3400sq m of open space next to the Sydney Metro Tallawong Station.
A concept plan for the site by Landcom was approved in early 2019 and the latest state significant application lodged in mid-2020 by the Sydney-based developer.
The first stage of Tallawong Village includes 333 apartments across five buildings, 9000sq m of retail and a 3400sq m park for the site at 1-15 and 2-12 Conferta Avenue, Rouse Hill.
The remainder of the 43,270 sq m site would be built out during the second stage with buildings up to eight stories designed by Turner Architects.
NSW minister for planning Rob Stokes said the Tallawong Village project brought to 27,567 the total number of potential new homes announced by the NSW government in the past month.
“Increasing our housing supply is one of the key ways for us to provide more opportunities for first home buyers to get into the market,” Stokes said.
“Boosting supply is about facilitating the right development in the right place at the right time and by providing homes near the new metro we are fulfilling this need.”
Deicorp chairman and managing director Fouad Deiri said the consent covered both stages, with the first expected to commence in August and be finished by the end of 2023.
“The development and construction industries play a critical role in delivering the homes Sydney-siders desperately need and want, and in the process, employ tens of thousands of people to build them,” Deiri said.
“And projects like Tallawong Village give first-home buyers and young families high-quality, well-located and affordable homes in popular and growing parts of Sydney.”
Deicorp is also about to start working on a 375-apartment development in Rouse Hill approved last year as well as other projects in nearby Castle Hill.
Of the 987 homes in Tallawong Village, 50 would be affordable housing.
Property Council of Australia NSW acting executive director Laurne Conceicao said they were encouraging prioritising of developments around infrastructure to ensure diverse living options.
“The everyday Australian is relying on their government ... address this issue that affects so many of us,” Conceicao said.
“Leveraging infrastructure investments such as the Metro line gives new options to housing supply and diversity, and is an important piece of the housing supply puzzle that we so desperately need to complete.”