Urban Property Group is pursuing a $600 million-plus mixed-use project, dominated by build-to-rent apartments, in Sydney’s Parramatta, and will tap into New South Wales’ state significant development (SSD) process to fast-track the plan.

Choosing the SSD track (by ensuring both a large-enough project and one that features a majority of BTR development) rather than opting into the local planning process will offer a speedier outcome, with savings and certainty for the family-owned development platform, according to its chief executive, Patrick Elias.