Ten-storey unit block proposed after council approve K2K rezoning
Developers are already jumping at the chance to make the most of the K2K rezoning strategy approved by Randwick Council – with a proposal submitted for a 10-storey unit block in Kensington.
Southern Courier
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Developers are already jumping at the chance to make the most of the K2K rezoning strategy approved by Randwick Council – with a proposal submitted for a 10-storey unit block in Kensington.
Last month, Randwick Council approved the Kensington and Kingsford Town Centres planning proposal (also known as the K2K) which allows taller buildings to be built along the light rail corridor on Anzac Parade in the suburbs of Kensington and Kingsford.
Towers up to nine storeys or 31m will be the new restriction for the majority of properties increasing from seven storeys or 25m.
Small pockets of the town centres will also allow 17 and 18 storey buildings (or 60m).
Just three days after the council’s decision, a development application was lodged for 31-41 Anzac Parade, Kensington, for six homes to be demolished and replaced by a 10-storey building (31.7m tall).
The height restriction in that area will be increased to 31m under the K2K rezoning.
“The building will comprise 70 apartments, 75 carparking spaces and two individual ground floor retail tenancy spaces,” the proposal states.
The estimated cost of the new building is $23 million.
The proposal highlights the new restrictions included in the K2K rezoning strategy.
“The site is subject to the Kensington and Kingsford Planning Strategy (K2K Strategy), which guides the future renewal of the Anzac Parade corridor,” the application reads.
“The imminent new planning controls for the site, being a height of building standard of 31 metres … is therefore a relevant draft provision required to be considered.”
While the council has approved the controversial K2K rezoning strategy, the Department of Planning, Industry and Environment still need to give final approval on whether to allow the changes to the Randwick Local Environmental Plan.