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RetailStaff WriterMon 11 Jul 16

Dyldam Receives Approval For Multi Million Dollar Precinct

artist-impression-auto-alley-upgrade_620x380

Parramatta's Auto Alley is set for a $600 million makeover after plans to upgrade three sites owned by Dyldam were approved, according to The Daily Telegraph. 


Church Street, just south of the Parramatta CBD, is set to feature across three sites, including two 10-storey commercial towers with car dealerships on the ground floor, and residential and mixed-use towers at the rear.

A park with a kiosk, watercourse playground and half basketball court is also planned. Developers Dyldam received approval from the City West Joint Regional Panel for the development on the "Auto Alley" site, according to The Australian Financial Review.

Also scheduled is 39,099 sqm of retail and commercial space.

The plan marks the start of a revitalisation project for the southern gateway to Parramatta’s CBD, which will eventually see road widening, new bike and bus lanes and tree planting to transform Church St into a boulevard.

Dyldam lodged a detailed development application with Parramatta City Council.

Allen Jack+Cottier has been appointed masterplan architect for the project and for the first site, Turner is appointed architect for the second site and Oculus is the landscape architect for all three sites, according to The AFR.

Dyldam was founded in 1969 by Naim Khattar and Joseph Khattar, AM.

Together they created aspirational apartments for Australian families. Their first contribution to Sydney’s streetscape was a red brick block of 6 units in Auburn. Throughout the 1970’s they continued to build upon their property portfolio, making a substantial contribution to the suburban built form of Sydney.

From these modest beginnings, the company has expanded into a multi-million dollar Australian business success.

RetailResidentialAustraliaFinanceProject
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Article originally posted at: https://theurbandeveloper.com/articles/dyldam-receives-approval-for-million-dollar-precinct