Joint venture partners, Frasers Property Australia and Sekisui House Australia, have been given the green light on the next significant stage of development at the $2 billion urban village, Central Park.
October 22nd, 2015
DA approval has been granted by the NSW Department of Planning & Environment for what is known as Block 1, one of a pair of buildings located on the corner of Broadway and Abercrombie Streets. This next stage of Central Park, to be known as DUO, is a $520 million, two tower, mixed-use project comprising of both Block 1 and Block 4N, which received DA approval recently. Designed by Foster + Partners, DUO will be the architecture firm’s second residential building in Australia and will complete Central Park’s already Broadway frontage.
The residential component of DUO will include a total of 313 residential apartments, offering a mix of one-bedroom suites, one bedroom and study apartments, two-bedroom apartments and three-bedroom dual-key apartments, the majority of which will be located in the eastern tower of DUO.
The limited range of 48 residential apartments located on levels 11-16 of the western tower will be DUO’s premium offering – ‘DUO Limited Edition’ – with an elevated position that offers uninterrupted views. DUO will also include a 300-room hotel, ground floor retail, 5,500 square metres of commercial space, a large childcare centre to accommodate up to 90 children and the refurbished Australian Hotel.
$520 million is the estimated end value of DUO, comprising $350 million in residential apartments, $120 million 300-room hotel and $50 million in retail, commercial and child care uses. Central Park’s Project Director, Mick Caddey, said the $520 million project will not only be a significant development for the Central Park community, but also for the precinct of Sydney’s southern CBD.
DUO is set to be launched to the market in late November with registrations of interest currently being taken.
Central Park Sydney
www.centralparksydney.com
A searchable and comprehensive guide for specifying leading products and their suppliers
Keep up to date with the latest and greatest from our industry BFF's!
‘The Elevation of Gravity’ installation was an immersive showcase of innovation that heralded the debut of Gaggenau’s groundbreaking Essential Induction cooktop.
The Sub-Zero Wolf showrooms in Sydney and Melbourne provide a creative experience unlike any other. Now showcasing all-new product ranges, the showrooms present a unique perspective on the future of kitchens, homes and lifestyles.
Savage Design’s approach to understanding the relationship between design concepts and user experience, particularly with metalwork, transcends traditional boundaries, blending timeless craftsmanship with digital innovation to create enduring elegance in objects, furnishings, and door furniture.
In the pursuit of an uplifting synergy between the inner world and the surrounding environment, internationally acclaimed Interior Architect and Designer Lorena Gaxiola transform the vibration of the auspicious number ‘8’ into mesmerising artistry alongside the Feltex design team, brought to you by GH Commercial.
From Luxxbox comes Shelf 1, where sculptural space division and storage meet.
Materialised offer a range of performance driven protective products designed to preserve the integrity and aesthetic of interiors in a range of contexts. Materialised’s Hard Knocks wall covering collection embodies perfect balance between aesthetics and performance.
The internet never sleeps! Here's the stuff you might have missed
Woven Image refreshes its popular, multi-award winning Embossed Acoustic Panel collection with a new range of colours that bring warmth and comfort to commercial interiors.
A hair salon in the Japanese capital blends a language of metal and water in a distinctive, original design.