Japanese developer Sekisui House has broken ground on the next stage of its $1 billion masterplanned community in Sydney’s north-west, The Orchards.
The residential masterplan, about 31 kilometres north-west of Sydney’s CBD in one of city’s, is spread across seven future stages with building heights ranging between six, seven, nine and 12-storeys.
When completed, the 8.1-hectare community will comprise 1,300 apartments as well as two hectares of protected green space, an open air cinema, plus a network of cycle and walkways.
The masterplan sits within 500 metres of Metro Norwest and is 300 metres from Norwest Marketown as well as Norwest Business Park.
The developer’s latest commencement, to be undertaken by builder Growthbuilt, will see the delivery of the project’s second stage, the Rothelowman-designed Aire, set to feature 57 apartments alongside a new golf course.
“Sekisui House is helping stimulate the Sydney economy by bringing this landmark project to life,” Sekisui Australia chief executive Hide Seguchi said.
“Over 250 direct and indirect jobs will be created during Aire’s construction phase.”
Sekisui House bought the land in the newly-named suburb of Norwest, formerly part of Kellyville, in 2016.
The developer was able to get approval for the project from Hills Shire Council by including measures to retain the existing mature trees on site.
More than 200 residents have already moved into the masterplan’s recently-completed first stage, Imperial, a 121-apartment building featuring a number of four-bedroom formats.
Aire, which is expected to reach practical completion in the first quarter of 2022, received development approval in April from the Hills Shire council.
Sekisui House Australia’s sales manager Paul Wainwright said downsizers living in the area had been leading the apartment sales, driven by softer lending conditions and low interest rates.
Developer Mulpha is also pressing ahead with its own collection of towers in Norwest, comprising 864 apartments, as part of its own $1 billion project at 40 Solent Circuit.
Nearby in Westmead, Charter Hall and the Western Sydney University have broken ground on a $350 million “Innovation Quarter”.
The development, dubbed “iQ”, will comprise three mixed-use towers with more than 38,000sq m of research, health, education and commercial space.
Another 4,000sq m of retail space will also be built including a supermarket, food and beverage retail, lifestyle fitness centre, childcare and car parking.
“During these challenging times, iQ will also make important economic contributions to the region, generating $150 million for the regional economy and creating a significant number of jobs,” Western Sydney University vice-president of finance and resources, Peter Pickering said.
“The University’s presence within iQ will enable researchers, industry partners and clinicians to come together and address the nation’s most pressing health challenges.”
The joint-venture development is Charter Hall’s third collaboration with Western Sydney University.
In 2018, the pair agreed to partner on a $280 million education and commercial office project at Parramatta, a 27,000sq m development at 6 Hassall Street based around an engineering innovation hub.
The university already occupies the recently developed 26,500sq m One Parramatta Square, or 1PSQ, which is owned by two funds run by Charter Hall.