Deicorp sets the Hills alive with planned $445m project

The site forms part of the ambitious Hills Showground Station Precinct masterplan, which received concept approval in January 2021.

Deicorp has been appointed to deliver the Doran Drive Precinct within the Hills masterplan and will comprise up to 1620 dwellings over four 20-level apartment towers. On the ground to level three podium there will be 13,900 square metres of retail space tenanted by a supermarket and speciality shops.

The plans also include a publicly accessible plaza that links the Hills Showground Metro Station with the rest of the precinct.

It is the second Landcom and Sydney Metro project that Deicorp has received approval for, with work well under way on the first project, a 987-unit mixed-use project at Tallawong, also in the north-west, valued at about $332 million. The group is also developing a $700 million-plus skyscraper on the doorstep of the Atlassian-anchored tech hub in Sydney’s Central Station precinct.

Deicorp’s founder and chairman, Fouad Deiri, said the Sydney Metro Northwest is one of the most important pieces of transport infrastructure in “living memory”. The project will also achieve a five-star Green Star rating through its design of highly energy-efficient apartments.

Deicorp is a specialist Sydney construction and development company that has been operating for more than two decades. It is currently delivering about 3000 apartments in key Sydney locations and has delivered projects in more than 40 Sydney suburbs.

“The convenient connection to jobs, services and housing is improving the quality of life for thousands of people and helping them become home owners in a great part of Sydney,” Deiri said.

He added the project will help to contribute to the supply of housing suitable for key workers such as teachers, nurses and emergency services personnel, with five per cent of its apartments to be delivered as affordable housing.

“As the first developer in the state to be rated under the NSW government’s Independent Construction Industry Rating Tool (iCIRT), Deicorp has also enjoyed its best year of sales, with more than 1150 apartments sold in the past 12 months,” Deiri said.

The bustling north-west is also home to the Veriu Group’s first Punthill branded property in NSW, following the group’s takeover of the existing Adina property.

Veriu chief executive Zed Sanjana said the expansion of the Punthill brand into NSW is a logical progression for the group and there are plans for multimillion-dollar refresh program for the property, which is expected to be completed by the end of 2023.

“The Punthill property is placed in a key Sydney location with neighbouring business drivers including Norwest Business Park, Hillsong Church, Woolworths Group corporate office, Norwest Hospital and Lakeview Private Hospital,” Sanjana said.