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Greenland Set To Bring Global Vision To Macquarie Park

Lachlans-Line-Greenland-Dusk-Rev-B-HR

Global property developer, Greenland Australia is bringing its world-leading expertise to Macquarie Park as it prepares to unveil plans for a state of the art mixed-use community at Lachlan’s Line – a benchmark for urban renewal and transit-oriented development.

Greenland Australia, a subsidiary of Greenland Group, purchased the 1.53 hectare site on which they will develop Stages 1 and 2 of the multi-million Lachlan’s Line master-planned project.

The first two stages consist of approximately 900 apartments across six towers ranging in height from seven to 17 storeys, and 6,000 sqm of ground floor retail.

Lachlan’s Line is an island site, bounded by Wicks, Epping and Delhi roads, as well as the M2 freeway.

One of Sydney’s key growth areas
Announced in 2013 as part of the North Ryde Urban Activation Precinct, Lachlan’s Line is a master-planned development set to provide significant new residential, retail, amenities and infrastructure to Sydney’s northern growth corridor. UrbanGrowth NSW is the site master-plan developer and will deliver the required civil infrastructure, parks, roads, public art and play areas.

The entire envelope of Lachlan’s Line is due to consist of 2,700 apartments making it one of the largest mixed-use developments to be built in Sydney in the next five years.

Greenland Australia, Managing Director, Sherwood Luo, said that the company identified Macquarie Park as one of Sydney’s key growth areas given the well-established services and transport available in the suburb.

“Macquarie Park is rapidly becoming one of Sydney’s most sought after residential development locations and the delivery of Greenland’s mixed-use village at Lachlan’s Line will further cement the area’s status as a new local destination in its own right,” Mr Luo said.

“Our project at Lachlan’s Line is positioned right in the heart of one of Sydney’s largest employment hubs - Macquarie Park - home to a number of major global brands such as Microsoft, universities and the newly renovated, Macquarie Centre shopping centre.

“Lachlan Line’s prime location offers a unique investment opportunity for a diverse range of buyers from first home buyers and local downsizers to savvy investors. In particular, we believe that our project will appeal to young buyers of the millennial generation given its vibrant urban village shopping and amenity, health and wellbeing facilities and proximity to some of the country’s largest universities and employers.

“Lachlan’s Line residents will be incredibly well connected as the site is serviced by two major train stations and numerous bus routes. North Ryde Train Station is only 250 metres away, providing direct access to Epping, Chatswood, North Sydney the Sydney CBD and Parramatta and Macquarie Park Train Station and bus interchange is only 1.2km or 10 minutes’ walk away.

“Macquarie Park is set to experience significant growth over the coming years - making it one of Sydney’s most desirable suburbs to live, work and study in.”

Macquarie Park’s new village square
Retail will be at the heart of Greenland’s mixed-use community at Lachlan’s Line as it is the only residential project at Macquarie Park currently under development to include a significant retail component.

With over 20 years’ experience of delivering retail within their developments in China, the United Kingdom and the United States of America, Greenland will bring a global approach to the retail component at Lachlan’s Line project delivering a vibrant new marketplace for north-west Sydney.

“In the coming weeks we will be letting the community know our vision for our landmark Lachlan’s Line project – this is going to be a ground-breaking project for Macquarie Park and a new and vibrant destination for all of Sydney,” Mr Luo said.

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Article originally posted at: https://https://theurbandeveloper.com/articles/greenland-bring-global-vision-to-macquarie-park