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Bold ideas for City Centre + New and approved development + GSC’s call for West District

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Penrith is New West

Bold vision for City Centre sites 

Penrith Council’s bold plan to reimagine two City Centre sites has been realised. Council has chosen a proposal by Greengate Development Pty Ltd to develop a Reserve Street site into a premier aged care facility. Greengate won ‘Best Retirement Living Development’ at the 2016 Property Council of Australia Innovation and Excellence Awards, for its facility St Brigid’s Green at Maroubra (pictured).
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ouncil has also received bold ideas from experienced investors to develop a Union Road site with residential, office and commercial uses, as well as an extra 1000 car park spaces. 
An Expression of Interest for the two sites began in November 2015. The sites fall within, or next to, the Living Well Precinct which will become a modern village for baby boomers who want to be close to services and amenities. Click to read more
Penrith will move to a series of multi-level car parks to enable the redevelopment of City Centre land for other uses that will create jobs and better services and amenity for the community. There are about 12,000 off-street car spaces in the City Centre, including private parking. Council plans to increase this number to around 23,000 as the community grows. Mayor Karen McKeown says: “We want to ensure smarter parking options and enable a vibrant City Centre that caters for our growing population.” Click to read more

Approved apartments 

A $19.6 million development for two six-storey apartment buildings has been approved for 144-148 High Street, Penrith (pictured above). There will be a total of 97 apartments and associated basement parking. The project is a collaboration between Astina Group and Devcon Partners.
An $8.8 million development has also been approved for Glengarry Drive and Bradley Street, Glenmore Park. There will be 42 apartments, 7 townhouses and 71 parking spaces. The developer is Revelop.

New development applications

The following development applications have been recently received:
  • Two adjoining six-storey residential apartment buildings, totalling over $21 million (pictured above). The application, by Morson Group for 10-14 John Tipping Grove and 1-3 Vilnits Parade at Penrith, includes 101 apartments, two levels of car parking and a rooftop communal space.
  • A six-storey residential apartment block, with 45 apartments and associated car parking, proposed for Lethbridge Street, Penrith. The application, by Architecture Design Studio Pty Ltd, totals almost $10.9 million.
  • A six-storey residential apartment block, totalling almost $10.2 million, proposed for Rogers Street in Kingswood,. The application, by Arc Architects, includes 68 apartments and two levels of parking.
  • Also, 20 town houses at Brisbane Street, Oxley Park with associated car parking, landscaping and drainage works, at almost $6.2 million.
New projects worth about $225 million were planned for Penrith City in the first half of 2016. The main focus was residential at 65.8%, showing a high demand to enter the area. The development scope also included 24.6% on commercial, 1.9% on industrial, 2.6% on infrastructure and 5.0% on mixed use. For more information click to download the PRDnationwide Research Property Factsheet.

GSC's call for West District

The Greater Sydney Commission (GSC) has launched a community engagement program called Our City, Your Home to raise awareness of District Planning. They are looking at Greater Sydney in six separate puzzle pieces, allowing effective planning for each district. A draft West District Plan, including the council areas of Penrith, Blue Mountains and Hawkesbury, will be released for public comment by the end of 2016.
Get more information on Sydney's West District
Click here to have your say
Roads and Maritime Services (RMS) are calling for community feedback on The Northern Road upgrade, between Mersey Road, Bringelly and Glenmore Parkway, Glenmore Park.
Click here for more information

Export Ready China event

A free event on exporting to China for small to medium businesses will be held on 4 August. The Export Ready China Penrith Breakfast will look at the drive behind China’s demand for Australian products and services and provide practical information, including where to go for help. A recent delegation to China discovered exporting opportunities for local Penrith businesses. On the advice of the Trade and Investment Commissioner for North and East China, Council is working with the NSW Business Chamber to host this event and explore these opportunities.
Click here for more information and to register for this event

Comp winner visits Penrith

The winner of the Adventure Capital of NSW competition, conducted at the Urban Development Institute of Australia (UDIA) National Congress in early March, has visited Penrith. Brendan Massy from Wolter Consulting Group in Newstead, QLD, along with his wife Brooke and their two sons Noah (2 years) and Marlon (7 months) spent 8-10 July visiting Penrith. Mr Massy says the highlight of their trip was the indoor skydiving at iFLY and watching the Panthers v Sharks NRL game at Pepper Stadium (pictured above). The family also enjoyed "amazing" dinners at Hux Grill and Outback Steakhouse during their stay. Mr Massy praised the City: “Penrith is a beautiful part of Australia with so much potential. We loved our stay and can’t wait to come back.” Thanks for visiting Massy family and thanks for spreading the Penrith New West story!
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