North Strathfield: $150m apartment block planned for George St
Just a stone’s throw away from one of the most neglected areas in Sydney’s inner west, a mega development is being tipped to revitalise the suburb with millions of dollars poured into a flash new project.
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A $150 million residential development under review will provide 159 apartments to an inner west suburb if approved.
The plans, which were lodged last week, reveal developer Piety Group proposed to construct two apartment buildings on an industrial complex on George St, North Strathfield.
The plans also include proposals to build a tennis court and a swimming pool on the new complex.
The site lies just a stone's throw away from the Strathfield Triangle, a small parcel of land in the Canada Bay Council area which has been subject to complaints from residents of underfunding.
Key to locals’ concerns have been issues surrounding investment and general works done to improve the streetscape.
A series of plans tabled by council in a bid to fast track development have been in the pipeline over the years in a bid to stimulate the local economy.
The project, which will see the demolition of small buildings already in place containing a gym, has been referred to the Sydney Planning Panel which will decide its fate in the coming months.
The residential apartment buildings will be four and six floors with two levels of basement parking, according to documents lodged with the City of Canada Bay council.
Developer Piety Group lists the project’s value as $150 million on its website, however, its lodging with Canada Bay Council states it is worth $44 million.
The company describes its plans as ideal for “for families, owners and investors who want to grow their portfolio”.
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