This article is from the Australian Property Journal archive
CAPITAL Bluestone and Cronulla Sharks Leagues Club’s proposed $752 million master planned development, Woolooware Bay Town Centre, has been referred to the Independent Planning Commission.
The NSW Department of Planning and Environment has referred the matter to the Commission for determination.
The Department had assessed two modifications to the original concept plan and stage one project approval for the town centre.
If approved, it will see a new residential and hotel buildings ranging from eight to 15 storeys on the eastern part of the site, which was previously approved for a four-storey retail centre with rooftop parking.
There is also a change to the approved subdivision to accommodate the future residential and hotel uses.
The Department of Planning and Environment’s executive director for key sites and industry assessments, Anthea Sargeant, said the Department supported the increase above the retail centre but also addressed community concerns.
“We listened to the community’s feedback and reduced building heights at the development’s eastern section to protect the area’s character and amenity.
“Residential buildings B and C, above the retail centre, are recommended to be reduced from 10-16 storeys and 11 storeys respectively to a maximum height of 8-9 storeys at the edges of the site,” she added.
The Department considers the proposed increase in residential density and introduction of hotel uses has strategic merit.
“This proposal if approved will increase housing supply and diversity, and will add strong vitality and economic benefits to the new town centre.” Sargeant said.
Australian Property Journal
