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Proposals have been lodged with Willoughby City Council for the construction of a 27-storey residential building in developer hotspot Chatswood.
A concept development application details plans for the site at 691-699 Pacific Highway.
The company behind the project is listed as being DPG Project 38 Pty Ltd, according to BCI, a vehicle of Sydney development company Develotek.
DEM Architects and JV Urban supported the development application.
If approved, the plans will deliver 100 units consisting of 14 one-bedroom, 66 two-bedroom and 20 three-bedroom apartments, with a total of 10850sq m and a typical floor plate size under 450sq m.
The tower will be built on four levels of basement carparking for 130 cars and have a podium at ground and first level with communal and open space.
Four per cent of the residential gross floor area will be used as affordable rental housing.
The prime site is located on the eastern side of the Pacific Highway, between Ellis Street and Hammond Lane and about 700m south of Chatswood Railway Station and Transport Interchange.
It is also next to the Chatswood Bowling Club, croquet club and tennis courts, and the surrounding locality is predominantly medium-density residential with two and three storey older-style residential flat buildings.
The latest application joins a host of towers planned for Chatswood following major planning changes.
Willoughby council plans to turn the area into a bigger commercial centre and extend the CBD outwards along the Pacific Highway.
The latest development application joins a host of others including Central Element’s luxury 17-storey residential project currently under way, and another 27-storey building this time at 613-627 Pacific Highway by Shanghai-based developers Antaeus Group Pty Ltd, as well as a 24-storey mixed-use tower which was approved late last year.
Develotek is no stranger to Chatswood, having already launched a partnership with Aqualand in previous years for a major 600-apartment development in the suburb.
Willoughby is located in the Eastern Harbour City, identified in the Greater Sydney Region Plan—A Metropolis of Three Cities plan.
The population of the Eastern Harbour City is projected to grow from 2.4 million people in 2016 to 3.3 million people by 2036.
