Mirvac is pushing on with the latest stage of its Green Square Town Centre development in Sydney.
Plans for three buildings at 960A Bourke Street in Zetland have been filed with the City of Sydney.
Sites 7, 17 and 18 would be developed in the proposed $316-million project as part of the multibillion-dollar Green Square Town Centre (GSTC) development, which Mirvac says is one of the largest urban renewal projects in Australia.
When complete, the entire project aims to deliver 1600 apartments as well as retail and office space.
Mirvac acquired Landcom’s ownership of the future stages of Green Square in 2020 when the latter left the pair’s partnership.
At the time, Landcom said that Mirvac was “ideally placed to complete the transformation of Green Square into a vibrant global village” .
The current development application covers preparation works for two 13-storey buildings with additional podium floors and one 20-storey tower.
The 13-storey tower fronting Green Square Plaza also includes a five-storey podium consisting of ground floor retail, loading docks and commercial space. It would have 124 apartments, landscaped communal open space and a landscaped podium terrace under the plans.
The second tower would consist of a four-storey podium and 59 apartments, while the 20-storey tower wpuld deliver 77 apartments as well as ground floor retail and a landscaped roof terrace.
According to plans from Ethos Urban and architects at Bates Smart, Tzannes and Mirvac Design, the latest stage will have 262 car parking spaces in part-two, part-four integrated basement levels.
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It will deliver a mix of units between one and four bedrooms, and require a building height variation from the Green Square Local Environment Plan to accommodate its communal rooftop spaces.
This stage of the development “will deliver significant benefits,” according to Mirvac, “including additional homes, and complimentary commercial and retail floorspace, ensuring a positive contributing the realisation of the GSTC as planned by the city and resulting in a high quality backdrop to Green Square Plaza”.
Green Square has been the subject of development plans for nearly two decades, with initial planning commencing as early as 1996 with a long-term vision for the area, which is 4km from the Sydney CBD and Sydney Airport.
In 2012, a planning proposal was endorsed by the City of Sydney to rezone the area to mixed use and a masterplan was developed with Mirvac at the helm.
Currently, two stages of large mixed-use buildings and residential apartments at Green Square have been completed.
Earlier this year it topped out three towers marking a “significant” milestone”, after securing approvals for other sections of the development and amending commercial tower plans in recent years.
Mirvac’s plans for Green Square should be complete by 2031.
