A proposal by Binah Developments to build the tallest building in Sydney’s third CBD and new airport gateway Liverpool has won the backing of local council.
The 34-storey mixed-use development, located between 22-26 Elizabeth Street, will sit alongside Bigge Park and Liverpool’s police and courthouse building, while also within close proximity to Westfield Liverpool and Liverpool Hospital.
The 1.2-hectare site will house a 113-room hotel, 179 residential apartments, a ground-level food and beverage area, rooftop restaurant and 5,500sq m of A-grade office space.
Below the Liverpool project there will be four levels of basement car parking providing up to 345 spaces.
The Rothelowman-designed tower was originally planned to stand a full storey higher but was reduced to comply with Bankstown Airport airspace regulations.
Construction is expected to start in 2022, providing 100 jobs during construction and an estimated 400 jobs once complete.
The development is one of $1 billion worth of major projects approved or under assessment, triggered by the rezoning of 25 hectares in the Liverpool CBD in 2018 to allow for mixed-use development.
The Liverpool CBD has been quickly taking shape over recent years following the announcement of the the new Western Sydney International Airport prompting developers to focus on the key western Sydney centres of Liverpool, Campbelltown and new suburb Leppington.
The municipality is rebuilding its town centre to play a key role as part of a third CBD identified by the Greater Sydney Commission, which includes the existing city, the planned Western Sydney Airport 20km away and Camden, Campbelltown and Penrith.
The Western Sydney Airport, which is due to open there in 2026, will also create an estimated 28,000 jobs in the area.
Contractor Built has moved ahead on its large-scale urban regeneration dubbed Liverpool Civic Place, a joint venture with Liverpool Council which will see the delivery of a $400 million-plus mixed-use development.
Built is also currently constructing Towers 3, 4, 6 and 8 as part of Lang Walker Corporation’s Parramatta Square precinct, a $3.2 billion commercial precinct spanning a three-hectare site.
The University of Wollongong is set to expand its campus in the Liverpool CBD to accommodate 7,000 students across 30,000sq m by 2030.
There is also a $740 million proposal for the redevelopment of Liverpool hospital, which if realised, would turn it into the largest stand-alone hospital in the southern hemisphere by 2026.
Mackycorp is also pressing ahead with plans for a $210 million A-grade office tower on the corner of Bigge Street and Scott Street, set to deliver 25,000sq m of commercial space and provide 1,200sq m of civic space.
Westfield-operator Scentre has also set aside $93 million to create a new dining, entertainment and leisure precinct with offices at Westfield Liverpool.