290-294 Botany Rd, Alexandria: Developers take second shot at hybrid building application
The developer behind a building, set to be one of an inner-city suburb’s most expensive hybrid constructions, has taken the bigger is better approach in its second stab at a development application.
Central Sydney
Don't miss out on the headlines from Central Sydney. Followed categories will be added to My News.
The developer behind a building, set to be one of Alexandria's most expensive hybrid constructions, has taken the bigger is better approach in its second stab at an inner-city development application.
Originally touted as a seven-storey, $32m mixed-use commercial development, the new application shows Sentra Investments wants to add another two levels, slapping an extra $15m onto the price tag.
If approved, the building would feature 86 apartments, three retail tenancies, seven commercial tenancies and carparking.
The City of Sydney Council asked for modifications to the developer’s original 2020 application, requesting a “minimum three-metre setback to the southern boundary”, leading to the major change in plans.
Located at 290-294 Botany Rd, Alexandria, the development would continue the transformation of what was once a primarily industrial location before it exploded onto the residential and commercial scene.
The majority of the current proposed residential and office developments in Alexandra are on Botany Rd and Paul St, with heights ranging between eight and 24 storeys.
Sentra Investments’ amended application seeks to add a roof terrace garden, as well as a courtyard garden at the ground floor with room for seating.
It would follow the nearby $13b Green Square township, which spans 278 hectares and encompasses Waterloo, Zetland, Beaconsfield, Rosebery, and Alexandria, drawing interest from major developers like Mirvac, Crown Group, and Meriton.