The Vartuli family is planning to build three office towers on their corner site opposite Westfield Liverpool at Macquarie Mall.
The cattle-grazing family was seeking concept approval for the project with an estimated $168 million capital investment value.
However, the building envelope relies on the council selling a 248sq m piece of land to the Deemhire Pty Ltd and Syndrom Pty Ltd entities and 100sq m sold back along the service road.
This would create an 4547sq m, five-lot amalgamated site at 132-156 Macquarie Street; 34-48 Elizabeth Street and 127-135 George Street, Liverpool.
The concept plans designed by NDZ Architects show a four-storey podium, basement parking and three commercial towers 11, 17 and 21 levels above.
This would create 35,170sq m of commercial and office spaces and 2540sq m of retail shops, cafes or restaurants.
There would also be a through-site link connecting George Street and Macquarie Mall.
Deemhire Pty Ltd, led by Frank and Bruno Vartuli, owns several commercial properties at Liverpool and Cabramatta.
Over the years the family has owned more than 70ha of land on the south-western fringe of Sydney at Appin and Edmondson Park, which was bought in 1985 for breeding and fattening cattle.
Meanwhile back in Liverpool the new, cylindrical building at Civic Place was recently opened at 50 Scott Street.
Behind it, Built Development Group has proposed up to 350 build-to-rent apartments in the latest in a series of residential add-ons to existing projects.
The masterplan for the precinct was approved in 2020, its first stage topped out in mid-2023 and the $350-million second stage of the development was given the green light in 2022.
