NSWG – Macquarie Park Residential Development – New South Wales - Project Profile
"NSWG – Macquarie Park Residential Development – New South Wales - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The NSW Government (NSWG) is undertaking the construction of a residential community in Sydney, New South Wales, Australia.
The project involves the construction of a residential community on 8.2ha of land. It will be developed in stages.
The project includes the construction of 3000 private homes, 950 social housing properties, 128 affordable homes, a retail space, a commercial space, parking and related facilities.
It will also include construction of a new high school, 120-bed residential aged care facility with a seniors' wellness center, two 75-place childcare centers, a supermarket, cafés and specialty retail shops, jogging track, nature based playgrounds and exercise stations, basketball court, open green spaces and community gardens.
The first stage of construction will include 259 new social housing units.
On March 31, 2016, The Land and Housing Corporation (LAHC) on behalf of NSWG invited Expressions of Interest (EOI) with a submission deadline of May 11, 2016.
In May 2016, NSWG has shortlisted nine parties to participate in the first stage of the Social and Affordable Housing Fund (SAHF) and expected to announce its preferred applicants in August 2016.
In August 2016, NSWG has shortlisted Exemplar Living, owned by Lend Lease with St George Community Housing and Capella Capital; Frasers Property with Mission Australia and Citta Property Group and Stockland with Evolve Housing and Brookfield Multiplex.
On August 14, 2017, NSWG has appointed the Aspire consortium consisting of Frasers Property Australia, Citta Property Group, and Mission Australia Housing to develop the project.
Frasers Property Australia, a unit of Frasers Centrepoint Limited, and Citta Property Group will provide design and delivery expertise in the project.
Construction works on the first stage are slated to commence in the fourth quarter of 2017 and scheduled to be completed in three years after development approval. The entire project is expected to be completed in over 10 to 12 years.
The project involves the construction of a residential community on 8.2ha of land in Sydney, New South Wales, Australia.
The US$2,360 million project includes the following:
1. Construction of 3000 private homes
2. Construction of 950 social housing properties
3. Construction of 128 affordable homes
4. Construction of a supermarket, cafés and specialty retail shops
5. Construction of a commercial space
6. Construction of a new high school
7. Construction of 120-bed residential aged care facility with seniors wellness center
8. Construction of two 75-place childcare centers
9. Construction of jogging track
10. Construction of nature based playgrounds
11. Construction of exercise stations and basketball court
12. Construction of open green spaces and community gardens
13. Construction of parking and related facilities