CTBUH Global News

Apartment Sales Launched for The Foundry in Sydney’s Paper Mill Precinct

Sydney, Australia – 11 April 2017

Coronation Property is preparing to release the final apartment offerings in its master-planned community along the rejuvenated Georges River in Liverpool, part of metro Sydney. The Foundry will be released to market this April, and Coronation Property said it was “saving the best till last.”

The offering will include a range of units from one- to three-bedroom apartments within the tower, positioned to take full advantage of water views.

With architecture and interiors by SJB Architects, The Foundry is the fourth and final release for the Paper Mill precinct, currently taking shape on the former site of one of Australia’s oldest and biggest paper mills.

“The Foundry has a rich history, and this is strongly reflected by way of Coronation’s commitment to restoring materials from yesteryear to bring the past into the present,” Coronation Property Director of Sales Jason Soulos said.

The apartments will also boast a rooftop garden area spanning 1200 square meters by international landscape designer Jamie Durie, as well as a rooftop pool that overlooks the Georges River.

When completed, The Foundry will offer 198 apartments across 17 levels and will be located on the southern corner of The Paper Mill precinct, where it will connect via landscaped walkways to the precinct’s other residential buildings.

The precinct was designed to align with Liverpool City Council’s Georges River master plan, which proposes a long-term vision for the urban renewal of the Georges River precinct into a true river city. Soulos said that current population projections indicate that one in three new residents of New South Wales will live in the Liverpool area by 2036.

Coronation Property is confident that, when complete, The Paper Mill will become a prominent presence in western Sydney, transforming Liverpool’s previously disused river bank areas and offering residents retail outlets, cafés, pop-up shops, farmers markets, and community activities that will surround the project’s repurposed, 19th-century heritage mill building.

Once the precinct is fully occupied, it will be home to approximately 3,000 residents.

For more on this story, go to The Urban Developer.

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