Cabramatta: Moon Investments lodge plans for apartments, market square, retail
The heart of Cabramatta’s CBD could soon be transformed into a bustling residential, commercial and retail hub with $215m plans to revitalise the “rundown” area. See the pictures.
Fairfield
Don't miss out on the headlines from Fairfield. Followed categories will be added to My News.
The heart of Cabramatta could soon be transformed into a bustling residential, commercial and retail hub with $215m plans to revitalise the “rundown” area.
Plans have been lodged with Fairfield Council on behalf of Moon Investments Pty Ltd for a 8113sq m site on Broomfield and Cabramatta roads, near Cabramatta train station, Cabramatta Library and Cabra Vale Diggers.
Currently, the site is home to retail shops, The Stardust Hotel, medical suites, and a learning college.
If approved, the plans would deliver 358 apartments across three buildings – ranging from 16 to 19 storeys – and a market square encircled by retail shops and commercial uses.
The square would contain a tavern, restaurants, cafes and a podium level below the apartments would have a medical hub, childcare centre for 80 children, gym and office spaces.
Planning documents say the site is currently “rundown” without the “food and drink offerings that give the western side (of the train station) its vibrancy”.
Moon Investments CEO Jim Castagnet said the plans were one of the most prominent developments in southwest Sydney.
“It’s timing and purpose align perfectly with the state government’s transport oriented development strategy and the need to provide additional housing in what will become a growth corridor and an integral part of Sydney’s ‘third city’,” he said.
Mr Castagnet said the design of the development considered Cabramatta’s cultural diversity and reputation for Asian cuisine.
The market square would feature 2981sq m of retail space and be embellished with public art and have pedestrian access from Cabramatta Rd East, Cumberland St Car Park, Fisher St and Broomfield St.
Three mixed-use buildings will be built around the market square, two of which would be built in stage one of and the third in stage two of the development.
Two buildings will be built initially, featuring 203 apartments, before construction of the third and largest building which will feature 128 apartments.
The proposal would also include three basement levels of parking including 251 residential spots and 183 for retail and commercial uses.
Despite six years of “many offers and dialogue with all owners in the parcels” a contiguous block of four properties along Broomfield St have refused to be involved in the development, the planning documented state.
The businesses, who refused a “last offer with a premium of 10 per cent above market value” would continue to operate on isolated sites following the development.
Pending council approval, construction is expected to take between 18 months to two years to complete.
The plans will be considered by the Sydney Western City Planning Panel.
Sydney T20 grand final: Words from each team, BBL stars return
The big names return as four teams head to North Sydney Oval on Sunday where one will be crowned Sydney’s T20 king. Hear from each side in our ultimate finals preview, plus players to watch.
Bail for ex-teacher after jury undecided on child sex charge
A former English teacher will be released from custody after the jury in his five-week trial was unable to determine if he had sex with a 15-year-old girl.