The Lederer Group has been given the green light on its $345 million “Gosford Alive” development to replace a “dead shopping mall” with a five-tower mixed use precinct.
The concept plan and stage one works on the 14,194sq m site have been approved by the NSW Independent Planning Commission.
The group, led by billionaire and co-owner of the Western Sydney Wanderers, Paul Lederer, will now be able to build towers up to 101 metres high on the Donnison Street, Gosford site.
The proposed tower plans, by Buchan architecture, only range up to 88m and includes 727 units, 1,015 car park spaces and 5,079sq m of retail and commercial space in the podium of the buildings.
There is also 3,047sq m or 21 per cent of the site with soft landscaping and 3,692sq m of communal space, including a pool and rooftop gardens designed by Arcadia Landscape Architecture.
The “Gosford Alive” plans went to the commission following an objection from the Central Coast Council in regards to concerns about design, built form, density, car parking, traffic and road infrastructure, environmental impacts and public benefits.
The commission gave a series of conditions to the consent including reducing the scale of four of the towers to ensure a more slender future built form and to reduce its visual impact.
Lederer will also be required to create a graduation in tower height from Kibble Park to the ridgeline of Rumbalara Reserve, while pairing towers one and two at the same height.
“These amendments are required to ensure that design excellence … and improved environmental and amenity outcomes can be achieved through future development applications,” the commission concluded.
This approval follows a decision in early September by the commission to allow Sydney-based developer St Hilliers to build a triple-tower development about 600 metres from the Lederer site.
This is not the first time the group has placed an application on the site, having submitted plans in mid-2016 which were withdrawn two years later.
The Gosford area is undergoing significant urban renewal, with the under-construction Waterside Towers and Merindah Apartments as well as the approved Mariners Plaza and Horizon development.
The “Gosford Alive” Stage 1 development application states that the project “seeks to articulate an improved and enlivened vision for the eastern edge of Kibble Park, replacing a dead shopping mall with an active and attractive redevelopment”.
“The proposal looks forward to Gosford’s future, and brings residential life back into the city centre.
“[The development] provides new and active street edges, a new public shared street and pedestrian link, and unique opportunities for retail and commercial activity to reinvigorate the heart of Gosford.”