Mitchell Rd, Erskineville: 1000 build-to-rent homes earmarked for $1.5 billion housing, retail precinct by Coronation property

A new, $1.5 billion inner-city housing development has forecast a major urban facelift with a premium retail and dining hub. See what it means for neighbours.

Erskiniville Villages 1.5 Billion dollar project

A $1.5 billion mega project will see 1000 Build-to-Rent homes constructed in the heart of Sydney’s inner west, in hopes to make it the “new lifestyle destination”.

An expansive site at Mitchell St, Erskineville is set to be the home of a billion-dollar urban renewal project that will see a 50,000 sqm former industrial precinct transformed into a vibrant community hub, delivering 1,000 new build-to-rent apartments, six boutique terraces, premium retail, dining, and public amenity spaces.

Located just 4km from the CBD, the development is poised to play a vital role in addressing Sydney’s housing shortage by bringing new residences into the market on the edge of Sydney’s city.

Erskiniville Village artist impression

The project is spearheaded by Coronation property who are partnering up with BVN Architecture, who recently won the City of Sydney Council’s Design Excellence Competition for its design in Ashmore Estate, which is the final piece of the Erskineville village.

Coronation managing director, Joseph Nahas said that their partnership highlights the dedication they have to producing high-quality living spaces.

“Coronation is committed to the Erskineville community and delivering a quality, community-led precinct,” he said.

Artist impression

“We’re excited about our first partnership with BVN, not the least because it marks the final step in Erskineville Village’s urban transformation plan.”

“This is a significant milestone in the $1.5 billion redevelopment project, which will deliver extensive retail, the future 7,500sqm McPherson Park and Kooka Walk a 20-metre-wide pedestrian-friendly walkway.”

Set to finish construction in 2026, BVN Principal Phillip Rossington, wants to ensure the project will create a sense of community while drawing inspiration from the site’s industrial past.

“Projects like this should prioritise elevating the resident experience, there is a real opportunity to design for higher density that fosters social connection and builds community,”

“The transition from a place for industry back to a place for people will be both transformative and regenerative and a strong local identity anchors the project.”