Sydney-based property developers have won approval for three residential towers up to 19 storeys high on Sydney’s lower north shore.
Evergreen Property and Investment’s $150 million development will include 232 apartments and townhouses in three buildings of 12, 15 and 19 storeys.
In approving the development, the Sydney North Planning Panel agreed with Lane Cove Council, saying the project would provide a diverse mix of new dwellings for a growing population within a high-density environment.
“The project meets the objectives set for the St Leonards South Precinct,” the planning panel said in a written decision.
The development will go on ten lots covering 6727sq m at 4-8 Marshall Avenue, 1-5 Canberra Avenue, and 2-8 Holdsworth Avenue, in St Leonards. That location is also known as Area One, Two and Four of the St Leonards South Precinct.
While currently characterised by low density residential dwellings, in September 2020, the New South Wales government approved the area for higher density development. That decision, which was supported by Lane Cove Council, opened the way for developers to bulldoze about 100 homes to make way for future development.
Evergreen’s plans will provide a mix of one, two and three-bedroom apartments and townhouses across the three towers. Twenty-eight two-bedroom homes will be deemed affordable housing.
The design by Rothelowman architects, includes four levels of basement parking for 348 vehicles.
Two of the three towers have communal rooftop terraces, one of about 275sq m and the other of 412 sq metres.
A recreational deck will include a lap pool, two spas, and dining and lounging area.
The developers have budgeted $130,000 for public art within parks.
In approving the development the planning panel members said they had considered 23 written submissions made during the public exhibition period, on such issues as site isolation, minimum site area, floor space ratios and solar access.
The panel said the concerns were adequately addressed in Lane Cove’s assessment reports, and the amended conditions that followed.
The development will go ahead in stages.
