This article is from the Australian Property Journal archive
SYDNEY based Galileo Group and ISPT have teamed up to revive the Chatswood Interchange development with a $450 million mixed use project.
The Metro development will comprise three apartment towers which becomes increasingly transparent as they soar above the Chatswood Transport Interchange.
Metro View (31-storeys) and Metro Spire (42-storeys) will be built on the north-eastern edge of the already completed retail podium. Together they will provide 292 apartments, with prices starting at $488,000.
A third tower, Metro Grand, will be located on the western side of the site as well a 10,000 sqm retail centre. Residents will also have access to an indoor 25-metre heated lap pool, spa and fully-equipped gymnasium.
Architects Cox Richardson director Nick Tyrrell said the towers have relatively compact floor plates, ranging from approximately 480 sqm to 820 sqm, allowing for slender forms rather than the slab-like structures found in other parts of the Chatswood Business District.
“Because the towers are slender it allows for more corner apartments, multi-directional views, cross-ventilation and greater light penetration. Apartments will have multi-purpose wintergardens which provide versatile living space,” he added.
Galileo Group and ISPT bought the site late last year and if apartment sales are as strong as expected, construction could start as early as mid year.
Three levels of secure parking have already been built.
CBRE Residential Projects managing director David Milton said Metro is a superb concept that will redefine the streetscape and give Chatswood a vibrant new heart.
“The overall development will have all the desired amenities and services in one neat package, which particularly suits the growing number of working couples in this area.
“Metro represents a new generation of urban living for Chatswood,” he concluded.
Australian Property Journal
