Deicorp has another State Significant Development at Macquarie Park.
Read the Urban Developer, 14 August 2024: Deicorp Plots 180-Apartment Tower at Macquarie Park below:
Sydney developer Deicorp has lifted the lid on plans for a 180-apartment block at Macquarie Park.
The prolific developer has filed plans for a 17-storey tower that would include an affordable component of 27 units to be managed by a registered community housing provider.
The site, at 161 Herring Road and 13-15 Lachlan Avenue, is 300m from the Macquarie Park Metro rail station and Macquarie Park Shopping Centre.
The apartment tower plans include a rooftop garden and upgrades to surrounding streetscapes.
The proposal is aiming for a 7-star average rating under the Nationwide House Energy Rating Scheme (NatHERS), and would include recycled water, onsite solar energy generation and energy efficient design.
Deicorp also said that the design for the proposed building would be informed by connection to Country principles and engaging with local elders of the traditional owners of the site, the Wallumattagal clan of the Dharug Nation.
As a State Significant Development, it will be determined by the NSW Department of Planning.
▲ A render of Deicorp’s latest proposal at Macquarie Park, which has also attracted major investment from the likes of Landmark and Freecity.
“Delivering homes connected to key transport infrastructure like the Northwest Metro ensures convenience and value for our purchasers,” Deicorp chairman Fouad Deiri said in a media statement.
“Being able to provide housing that is affordable for essential workers … makes this project even more important.”
Speaking at The Urban Developer’s Sydney Residential Development Summit in May, Deiri said that a key to Deicorp’s success in a challenging market was its builder-developer model.
This approach has allowed Deicrop to undertake an ambitious pipeline of apartment development, including recently lodging plans for 574 units at Zetland and its 873-unit project at the Hills Showground.