This article is from the Australian Property Journal archive
THE Eastwood Shopping Centre in Sydney’s north-west could be in for a $320 million overhaul after redevelopment plans were lodged with City of Ryde Council.
Currently, Henbon Australia’s circa 50-year-old centre has 12,500 sqm of retail, including a Woolworths supermarket and 2,400 sqm of office space, on a 1.2-hectare site.
The new project would have 21,697 sqm of commercial floor space across three levels, 43,979 sqm of residential space across 441 apartments, and 3,212 sqm of shared community space.
Commercial tenancies would consist of 22 restaurants, 42 retail tenancies and two supermarkets.
The project would see the centre make way for a new town centre designed by AJC Architects, which the firm said is “inspired by Eastwood’s connection with Chinese culture” and adopts “the holistic concept of JieFang, loosely meaning ‘authentic’ or ‘neighbourhood feel’”.
The new town centre will include a new eat street, fresh food market and retail, topped by apartments set around a landscaped “big backyard”.
The main pedestrian through site link, the eat street, provides a sheltered connection with outdoor dining between The Avenue, Rowe Street and Rutledge Street.
The lower ground floor is designed around a fresh food market concept, with smaller food stalls supported by specialty retail, mid-sized and larger format supermarkets.
On the first floor would be larger format destination dining restaurants with dining terraces.
There would be a mix of one to four-bedroom apartments, and five affordable units as part of a previous planning agreement between the former owners and council. That agreement also detailed an enhanced public domain and upgrade of Rowe Street Mall.
Eastwood Shopping Centre was previously owned by Yuhu Group, which had also planned to redevelop the centre.
