The latest version of plans for Mirvac’s redevelopment of a former Hills Shire business park have been approved.
Updated plans with some minor amendments were filed this year, and have been approved by The Hills Shire Council.
Mirvac acquired the 25.9ha site in 2016 for $74 million.
The masterplan at 55 Coonara Avenue will deliver 417 homes including 165 houses and 252 apartments. The development is estimated to cost $165 million.
Mirvac lodged plans for the former IBM complex at West Pennant Hills in 2021 after the site was rezoned in June, 2020 from Zone B7 Business Park to Zone R3 Medium Density Residential.
A development application for the demolition of all existing structures was approved by The Hills Shire Council in 2021.
However, initial plans for more than 1000 homes on the site were scaled back after Mirvac failed to win support for a bigger community footprint.
Later, concerns over traffic and the environmental impact of adjoining neighbourhoods meant the development was not initially well received.
As part of the plans, about 10ha of remnant forest will be dedicated to the NSW Government as public open space, being an extension of the adjoining Cumberland State Forest.
