Dexus Lodges Unsolicited Proposal in Sydney’s Norwest


Dexus has submitted an unsolicited proposal for a new high school to be built next to the Norwest metro station in Sydney.

The office and industrial landlord currently holds a 5.2ha industrial site at 3 Brookhollow Avenue in Baulkham Hills in the Norwest Business Park.

“Dexus’ site, located on the Metro North West line, is large, allowing for a school, as well as a broader residential and commercial redevelopment,” the proposal documents said.

“[The proposal] includes delivery of a school at a significant discount to the delivery cost of traditional state-funded infrastructure.”

Dexus’ concept has will now have the potential to be fast-tracked after a state government-led financial analysis and economic assessment.

The NSW government has already indicated the scheme is of “sufficient interest” to progress to stage two of its controversial unsolicited proposals process.

The office and industrial landlord currently holds a 52,000sq m industrial site at 3 Brookhollow Avenue in Baulkham Hills within the Norwest Business Park.
▲ Dexus holds a site on Brookhollow Avenue within the Norwest Business Park. Image: Nearmap

Projects lodged must include details of the “unique benefits of the proposal and the unique ability of the proponent to deliver the proposal”.

Dexus last used the unsolicited proposal process to fast-track plans for a $2.5-billion commercial development at the Henry Deane Plaza at Lee Street, Central in Sydney.

The project, being delivered with Frasers Property Australia, made it through to the third and final stage of the government’s unsolicited proposal process midway through last year, with development plans submitted in March.

If it progresses, the next phase of Dexus’ project in Norwest will involve detailed development designs and artists' impressions of how the new Norwest high school area will look.

Dexus will seek all the relevant planning and environmental approvals required under the proposal.

There will also be an opportunity for the public to comment on the development scheme during the public exhibition stage.

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The proposed high school would be next to the $7.3-billion Metro North West, a 36km rail line between the Sydney suburbs of Chatswood and Tallawong, which has been operational since mid-2019.

Active local developer Mulpha, which built the 377ha Norwest business park 28 years ago, announced in 2017 it planned to give its sprawling site a $3-billion facelift during the next 10 years.

The Norwest Business Park currently houses more than 6000 residents and 800 businesses, as well as the headquarters of the Hillsong Church.

Its latest round of plans include not only new commercial spaces and affordable apartments but a $50-million university and innovation joint venture to be known as “the Librarium”.

The development consists of a district library, innovation incubation hub, university campus and a rooftop area for the broader community.

Mulpha intends to begin the development process with the Hills Shire Council this year with the aim to open the university building in time for the 2025 academic year.

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