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Why Penrith is the new Parramatta

Martin Kelly
Martin KellyReporter

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The focus of western Sydney’s relentless property development wave is shifting from Parramatta to Penrith, where a slew of big projects is either under way or about to start.

Projects include the city’s first A-grade office building, two high-rise apartment towers of up to 46 levels, several office developments, an apartment hotel, a 7000 square metre city park and the $1 billion redevelopment of Nepean Hospital.

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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com

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    Original URL: https://www.afr.com/property/commercial/why-penrith-is-the-new-parramatta-20210309-p578xc