The ASX-listed property group Dexus has submitted a development application to the City of Parramatta for a 33-story commercial tower with an estimated cost of over AU$208 million (US$163 million).
Located on sites at 130 and 150 George Street, Parramatta, Dexus’ Bates Smart-designed proposal includes a tower with a stepped podium, landscaped roof terraces, and a new active landscaped plaza.
Dexus’ brief stipulated that the building is required to meet the Property Council of Australia’s A-grade commercial standards, the minimum 5-Star NABERS, and the Greenstar sustainable initiatives.
The development will link Phillip Street and George Street through its plaza, while providing commercial office accommodation with 48,338 square meters of additional ground floor area, which includes 655 square meters of new retail space.
Dexus’ George Street proposal reflects the significant change currently taking place in the area. Its location is approximately five to 10 minutes’ walk from the civic center and Parramatta Transport Interchange. It is also close to the Parramatta Ferry Terminal, providing excellent access to public transport and pedestrian links to the CBD’s retail and services core. The site even offers direct access to Parramatta Riverside Walk immediately to the north, as well as public recreation open space of the Robin Thomas Reserve to the east.
The George Street tower will provide a lower ground level with accommodation for an expanded end-of-trip-facility that could include a pool, spa, yoga studio, gym, and changing room facilities.
According to the proposal, the podium levels are planned as multi-purpose support areas that act as “public interface” functions for the building.
The roof terrace at Level 31 is located on the eastern portion of the building, to take advantage of the best views along Parramatta. This space is slated for landscaping and will have a glazed perimeter façade to protect from wind.
The application was lodged in early September 2017 and is to be determined by the Sydney West Central Planning Panel.
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