This article is from the Australian Property Journal archive
SYDNEY developer Deicorp has been appointed by Landcom and Sydney Metro to develop a second residential village in the burgeoning Hills Showground Station precinct in the Hills District.
Precinct East will be the second lot to be developed at the Hills Showground Station Precinct and is opposite the now under-construction 430-unit Hills Showground Village, which Deicorp was also appointed by Landcom and Sydney Metro to develop.
Precinct East, which is the largest lot at Hills Showground Station, will accommodate up to 873 dwellings and 3,200 sqm of public open space, including a new park.
Deicorp’s founder and chairman Fouad Deiri said, “As Sydney’s leading builder of transport-connected developments, we are delighted that Landcom and Sydney Metro have once again chosen the Deicorp team to deliver this vital new housing supply in the Hills”.
“Our experience in successfully delivering activated new urban communities along the metro line will help us achieve another thriving village in The Hills.”
The Hills Showground Station Precinct received concept approval in January of 2021 and includes three development lots that will accommodate up to 1,620 dwellings, 13,490 sqm of commercial and retail space, new public open spaces and supporting infrastructure.
The first lot already under construction by Deicorp, Hills Showground Village, will include a three-level 10,935sqm retail podium with supermarket, speciality shops and commercial areas that will sit beneath four 20-level residential towers, and a public plaza linking the Metro Station with the rest of the precinct.
Construction is also well underway on the 987-unit mixed-use Tallawong Village project opposite the Tallawong Station on the Northwest Metro that Deicorp was appointed by Landcom and Sydney Metro to develop.
Deicorp this month received the green light for its luxury 168-unit apartment tower in the Sydney CBD, the 55-level Hyde Metropolitan, while it is also plotting a $310 million Fender Katsalidis-designed mixed use tower in the western suburb of Rhodes.
Early this year, MaxCap provided Deicorp with a first mortgage construction facility for its $185 million The Rothschild development in Rosebery.
