Plans revealed for 30 storey towers, 1185 homes, supermarket at Parramatta Rd, Five Dock site
The mammoth development would have six towers up to 30 storeys tall with a mix of units, retail tenancies, recreation areas and a full-line supermarket. See the plans.
Central Sydney
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Major plans have been revealed to turn a block of land on Sydney’s Parramatta Rd into more than 1000 units as part of a multimillion proposal to turbocharge the inner city’s housing stock.
State significant development plans by developer Deicorp Projects show 1185 homes could be built along the congested Parramatta Rd corridor at Five Dock in a move to cater for the city’s booming population and housing needs.
The mammoth development would have six residential towers up to 30 storeys tall with a mix of retail tenancies, commercial floor space and apartments.
The development at 129-153 Parramatta Rd and 53-75 Queens Rd would have 2290sq m of public open space, an indoor recreation facility, a full-line supermarket, pedestrian links, landscaping works, road upgrades and basement carparking spaces.
A total of 178 apartments would be provided as affordable housing – equating to 15 per cent of the total number of dwellings included in the proposal.
Deicorp has described the proposal as providing a “significant” amount of new housing to support population growth within the area.
Due to the scale of the proposal, the development would account for more than 20 per cent of a new five year housing target set by the NSW Government which requires 5000 new homes to be built in the Canada Bay Council area.
“The development would meet the needs of a wide range of households on very low to moderate incomes and provide more affordable housing choice in a well-located area that is close to employment and existing services and infrastructure,” the plans stated.
“The proposal will also provide public benefit with a significant contribution to local infrastructure … to support the additional residents and service the broader local community.”
The plans come after the 31,300sq m site was sold to Deicorp last year for a reported sum of $260 million.
The block of land is currently occupied by warehouses and businesses including a badminton centre, car sales yards and a recycling centre – all of which would be demolished for the project.
According to plans, the proposal would be supported by the new Western Sydney Metro line that would provide future residents with quick access to new stations at Five Dock and Burwood North.
Deicorp says the proposal is also in line with the Parramatta Road Corridor Urban Transformation Strategy which aims to revive the congested roadway with better amenity, improved transport, walkable neighbourhoods and more diverse housing options.
Businesses currently located at the site include Sydney City Traders, the ATC badminton centre and a Mercedes Benz outlet.
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