Sydney developer Sammut Group has unveiled a $350-million masterplan that it hopes will transform the Cronulla CBD in the city’s southern beach suburbs.

The mixed-used urban renewal project, a joint venture with Alceon Group, incorporate 5500sq m after Sammut Group was able to pull off a complex site aggregation between 3 and 23 Kingsway that cost more than $100 million.

The development, known as Vue, comprises 112 apartments, commercial and retail space. Flagship launch tenant Harris Farm Markets will open its biggest store in Sydney on the site.