A new $99.8 million housing development is expected to transform Sydney’s Redfern district. The proposed plan for the 18-storey residential building, 88onRegent will include:
- 80 luxury apartment units
- A communal garden on the rooftop
- A child care centre which can cater up to 75 children
- A retail space on the ground floor
The 88onRegent building – located on 80-88 Regent Street – is being developed by Milligan Group and Thirdi Group. According to Milligan Group’s Managing Director James Milligan, they planned on developing the new luxury apartment building on Regent Street because the area is rapidly expanding.
Source: The Urban Developer
“Redfern needs a bit of new life breathed into the whole precinct. It’s a little bit tired. Regent St, it’s a predominant street and it deserves a predominant building.
I think that the area obviously is a fantastic location, Redfern has gone through a lot of gentrification in the past, but some of the developments have not been executed extremely well.” – Mr James Milligan
88onRegent is currently in its planning stage. The building’s completion is expected by the end of 2017.
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Source: The Urban Developer