This article is from the Australian Property Journal archive
DEVELOPER Harry Triguboff has had a win with the City of Sydney, after the council voted to change the height limit of the former Holden Suttons car dealership site in Zetland to allow for a 90-metre-high apartment tower.
All but one councillor voted to approve his company Meriton’s proposal for the controversial 4.45-hectare site, according to The Daily Telegraph, which is within the Green Square urban renewal precinct. As part of the approval for the 25-storey tower, there will be a reduction in the height of the other buildings on the site, one block of 25 units will be given to an affordable housing provider, and Meriton will make an undisclosed contribution to the City of Sydney’s affordable housing fund.
In all, the project will have 784 apartments and 30 townhouses.
The project has raised the ire of residents and councillors across two different councils. Located on Epsom Road and South Dowling Street, the site is within the City of Sydney and on the border of the City of Randwick, and amid concerns of overdevelopment, density, traffic and few public transport options, residents and councillors have expressed concern about the lack of infrastructure in the area.
Randwick Council unanimously voted to send correspondence to the City of Sydney, calling for the modified plans to be rejected.
Last month, recently elected NSW Premier Chris Minns announced it had ordered an audit of public land to find new sites for housing in a bid to increase density in the inner suburbs and reduce urban sprawl. Each block would include 30% social, affordable or inclusive housing.
“You know that we need apartments, people have nowhere to live. I build every year, 2,000 apartments. So I provide the most in the country,” Triguboff recently told the ABC.
City of Sydney planning documents have Green Square growing to around 32,000 dwellings and housing about 60,000 to 70,000 people by 2036.
