Approval for a first stage has been granted from the West Joint Regional Planning Panel to developer Deicorp for its Highline Westmead residential complex which will consist of 556 apartments over five buildings.
Deicorp has a four-hectare mixed use development site at two large lots next to the Westmead Hospital on Darcy and Hawkesbury Roads, Westmead, which will offer more than 900 apartments.
Western Sydney University sold the lots to Deicorp in 2015.
According to the Australian Financial Review a second development application is pending and is on exhibition with Parramatta City Council. This will be for the next residential complex of another 344 units.
The construction cost of both residential stages is estimated at $281 million.
A light rail stop will be located in front of the site at Westmead station, which is planned for completion in 2023.
Turner Architects will be designing the project. Highline Westmead will feature a mix of apartments in studio, one-, two-, and three-bedroom apartments and lofts.
Deicorp currently have five developments in the works totalling 1721 apartments in the greater Sydney area.
Spanning 75 hectares, and central to western Sydney's economic transformation, the Westmead precinct comprises over 400,000 sq m of high-end health-related developments, including four major hospitals, three world-leading medical research institutes, two university campuses and the largest research-intensive pathology service in NSW.
More than $3 billion has been committed by government, universities and the private sector to upgrade and expand the precinct’s health services, education and medical research facilities over the coming years.
Westmead has been identified by the NSW Government as a State Significant Development site due to the size, economic value and importance to Parramatta and Western Sydney.
By 2036 the number of full-time staff working across Westmead will increase to more than 30,000 and the number of students will expand to more than 10,000.
According to Savills, Parramatta has one of the fastest growing populations of any local government area in Sydney. From 2011 to 2016, estimates show the population across the city of Parramatta has increased 17.6 percent, twice the rate of growth seen across Greater Sydney.
Image: Aerial view of Westmead