A $280 million mixed-use development by Capital Corporation on Norwest Lake has been given the green light by the Sydney West Joint Regional Planning Panel. Esplanade is going to be Norwest’s very first integrated development and construction is expected to begin in 2017.
Esplanade will feature two towers – a 19-storey and a 20-storey tower – with 247 apartments which consists of one, two or three bedrooms. The towers will also have a range of private facilities for residents – such as a pool, gym, open-air cinema and landscaped gardens. A 6,000 square-metre waterfront retail space and three levels of boutique commercial suites will be available as well.
The development will also include four-bedroom penthouse apartments called Sky Residences as a unique offer.
Artists impression of Esplanade (source: Esplanade Norwest)
“We’ve had the chance to incorporate feedback from Council and the Norwest Business Association and we’re delighted with the outcome.
“We know that projects like Esplanade help shape the face of the local area and how people live so this is an important example of how development companies can work collaboratively with planning authorities to ensure the needs of current and future residents are met and even exceeded,” said Capital Corporation Managing Director Steve Grant.
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Source: The Urban Developer