After the purchase of Mercure Parramatta for a speculated $40m, and with Four Points by Sheraton Parramatta set to open in 2018, Parramatta is in line to become a growth hub for investors seeking to move away from the tightly held CBD market, with strong interest continuing in the region.
We take a look at a number of developments currently shaping Parramatta's CBD.
V By Crown (below)
V by Crown brings to Parramatta a residential tower that balances functionality with comfort, history and understated elegance.
Transforming ParramattaComprising 30 floors of luxury residences atop a retail podium, V By Crown boasts contemporary design with a sleek glazed façade. The building unites with nearby Parramatta Heritage Parklands and the 200-year-old St John’s Church to create a unique sense of place in central Parramatta.
Looking forward, looking backAcknowledging its historically significant site, the development’s conservation centre preserves in situ four 1790s convict huts. Careful collaboration between architect and engineers ensures all floors are supported on just four discreet columns. A shopping arcade intersects the retail podium, further energising the streetscape.
A deluxe residenceV by Crown features 595 beautiful apartments, all positioned to optimise light and space. The clubhouse’s pool, gymnasium, library and media rooms enjoy pride of place on level two, while exclusive gardens, including one on the rooftop, offer residents pockets of calm and spectacular views.
Bennelong Bridge (below)
Sekisui House opened the $63 million Bennelong Bridge connecting the peninsula suburbs of Wentworth Point and Rhodes.
Construction on the bridge commenced in September 2014 and has taken approximately 20 months to complete. The bridge has now been dedicated to the NSW Roads and Maritime Services (RMS) as well as additional funding for future maintenance of the bridge.
Funded in conjunction with its partners from the Wentworth Point Landowners Alliance Group (including property developers Billbergia Group, Homebush Bay Properties and Homebush Bay Holdings), the bridge is the largest piece of privately funded public infrastructure in Australia and significantly, was built without any costs to local governments.
Stretching 330 metres across Homebush Bay, the bridge will create a vital link for Wentworth Point residents to the Rhodes railway station, cutting the current travel distance from eight kilometres to only a few hundred metres.
Conversely for Rhodes residents, the bridge provides direct access to the recently upgraded Sydney Olympic Park ferry wharf, Sydney Olympic Park’s wealth of recreation facilities as well as a proposed public school in Wentworth Point.
Darling Mills, North Rocks (below)
Darling Mills North Rocks fuses natural local features with sleek contemporary architecture, to deliver a residential complex designed by Candalepas Architects. The project offers five designer towers and six boutique terraces in a landmark enclave less than four kilometres from Parramatta’s CBD.
Superior design by multi-award winning architects Candalepas Associates, is the foundation for the stunning new Darling Mills North Rocks development. Established in 1999, Candalepas Associates have won competitions for their designs all over the world. Angelo Candelapas has held numerous key positions within the design industry and sits on the advisory panel for the City of Sydney. His mission is simple: that luxury living and lifestyle choices comfortably meet the needs of countless families, individuals and investors.
Promenade (below)
This luxurious $525m riverside residential project by developer Starryland spans over 5 hectares and will comprise of 774 luxury 1,2 and 3 bedroom apartments across 11 towers, ranging from two to twelve storeys.
This resort style project is in a prime waterfront location in close proximity to the Parramatta CBD with stunning river, Parramatta CBD and district views. Promenade also includes an expansive 1.2 hectares of landscaped parkland and a private residents podium courtyard.
Parramatta Square Civic Building
A cutting-edge glass construction featuring a wave-shaped façade of crystalline blocks has been selected as the winning design for Parramatta Square’s landmark civic and community building.
A Design Excellence jury voted unanimously to award the international design competition to a consortium of French firm Manuelle Gautrand Architecture and Australian firms DesignInc and Lacoste + Stevenson.
The eye-catching design encapsulates and extends above the historic Town Hall with a cantilevered structure providing a platform for the Council Chambers. Core to the building design is a stack of transparent glass that gradually rises to the northeast with a large LED screen for public art projections.
The $50 million project will cover six-storeys with a Gross Floor Area (GFA) of approximately 8000sq m.
Lord Mayor of Parramatta Cr Paul Garrard congratulated Manuelle Gautrand Architecture, DesignInc and Lacoste + Stevenson on producing a spectacular winning design.
“The jury was tasked with selecting an iconic design and they have certainly fulfilled that brief. The architects have produced a contemporary and thought-provoking design that is sure to become a must-see destination for visitors to Parramatta,” Cr Garrard said.
