Sydney developer 9 Springs has submitted a development application for a 10-storey mixed-use building in North Sydney.
Located at 160 Pacific Highway on the south-west corner of the Doohat Avenue intersection, the proposed development includes 220 square metres of retail and commercial use at ground level with nine floors and 1953 square metres of residential space above.
These residential levels will feature 25 units that will range from studio to three bedrooms.
The developer acquired the site for over $10 million in July.
The office building at 160 Pacific Highway, North Sydney acquired for $10m.
Sydney architects Rothelowman were appointed following the acquisition of the site to explore concepts.
According to the proposal, North Sydney is identified as part of the "Global Sydney" within A Plan for Growing Sydney and the draft North District Plan. North Sydney Council will allow for increased dwellings by 2021 and new commercial and retail services within close proximity to the population.
“The site has a role to play in realising these opportunities,” the proposal said.
“[The building's] location on the north-western edge of the North Sydney CBD positions it to contribute towards housing supply for the city, as part of the use transition from the commercial core to the residential edge between North Sydney and Crows Nest."
9 Springs is led by Michael Radovnikovic, Belinda Bentley, Angela Kwan and Darren Kwan. The development application was submitted to the North Sydney Council in late October, according to the application the estimated cost of work is just north of $10 million.