Urban Property Group is pushing ahead with major projects in NSW, with developments under way in Sydney’s south-west and the Central Coast.
The Sydney-based builder-developer secured approval for a $215-million townhouse project at Edmondson Park, while further north at Gosford, it moved to the next stage of its Central Coast Quarter development.
The Edmondson Park project at Buchan Avenue would deliver 178 townhouses across a 31,170sq m site, with a mix of three and four-bedroom homes.
Designed by Cox Architecture, the development was positioned within a rapidly growing corridor, close to the train station and key amenities.
Construction was expected to begin early this year, with completion scheduled for late 2026.
Urban Property Group said it had two additional projects awaiting approval at Edmondson Park, including a mix of apartments, terraces and retail spaces, aligning with its focus on transport-connected developments.
The family-run business was also behind Mayfair in Penrith, a 10-storey apartment development next to Penrith Station.
The project was approved for 287 apartments and was now undergoing a proposal to increase by four storeys, adding 145 extra units.
Up to 25 per cent of the homes were set aside for affordable housing, targeting key and frontline workers.
Construction was under way on another of the company’s developments, La Vera at Macquarie Park.
The residential project at 94 Talavera Road, delivering a mix of one, two and three-bedroom apartments with views of Lane Cove National Park, was expected to be completed early this year.
In Parramatta, Urban Property Group planned a build-to-rent development at 2 Fitzwilliam Street, near Westfield and the train station.
The proposal included two towers, rising 48 and 35 storeys, with 800 apartments, including affordable housing and NDIS-compliant units.
The project would also feature a 200-room hotel, gym, children’s play areas, a rooftop pool, games rooms and a cinema.
Construction was expected to start mid-year and be completed by 2027.
The company’s expansion into build-to-rent followed its $1-billion investment announcement last year, aimed at increasing Sydney’s rental supply and providing long-term leasing options.
On the Central Coast, Urban Property Group was progressing with Stage 2 of its $350-million Central Coast Quarter development, known as The Waterfront.
Stage 1, a $115-million 25-storey mixed-use tower, delivered 134 apartments, retail spaces and public amenities, designed to enhance the area’s connection to Brisbane Water.
The final release of apartments in this stage was now on the market.
For Stage 2, the company lodged a State Significant Development Application for early works at 26-30 Mann Street.
The proposal included excavation and stabilisation in preparation for two new towers and a retail pavilion.
The southern tower would feature about 100 apartments, designed with scalloped balconies to reflect the coastal setting.
The eastern tower was planned as an 18-storey commercial building, positioned above a stepped public plaza.
A retail podium would connect Mann Street to Baker Street, incorporating laneways for hospitality and retail spaces.
