Planners give thumbs up to Crown Group's next Green Square project
City of Sydney planners have recommended the council approve a planned Crown Group mixed-use development with 452 apartments in Green Square’s Lachlan Precinct.
The Central Sydney Planning Committee is due on Thursday to consider the stage 1 development application for the project that will ultimately build five buildings, of between two and 19 storeys, at Crown’s 44-48 O’Dea Avenue site in Waterloo.
The $149 million stage 1 approval would allow the demolition of existing structures, land remediation, excavation, initial preparatory works and civil works, as well as concept approval for the five building envelopes. Crown is already developing the Infinity project at Green Square, an $8 billion urban redevelopment project in the city’s southern suburbs. Crown sold 98 per cent of Infinity’s 326 apartments on the first day of its August 2015 launch.
“The proposal is supported, and it is recommended that authority be delegated to the CEO to determine the application,” a report to the council says.
The site currently holds a series of commercial and industrial warehouse buildings, a multi-storey above-ground car park structure, a central landscaped garden and a series of internal roads.
Planners recommended approval of the plan, on a 16,929-square-metre site that connects Lachlan Street and O’Dea Avenue, after Crown tweaked its initial proposal to increase the size of the largest building and so that all five buildings could meet the state’s apartment design guide laid out in the state’s SEPP65 planning rules.
Commencement of building will require separate approval later on. The largest tower will be subject to an architectural design competition.
The development will create 12 retail ground-floor tenancies totalling 1985 square metres. It will set aside 6656 square metres of land to be dedicated to the council for roads, landscaping and other public domain works.
