In August UrbanGrowth NSW confirmed that Australand, a member of the Frasers Centrepoint Group, had been awarded the tender for the purchase and development of the Edmondson Park Town Centre in southwest Sydney.
The 24-hectare site, which has the capacity to deliver a minimum of 900 new homes and up to 45,000m2 of retail and commercial space, adjoins the Edmondson Park train station which opened in February 2015.
Edmondson Park is the gateway to Sydney’s South West Growth Centre which, over the next 30 years, is expected to be home to some 300,000 people.
“UrbanGrowth NSW congratulates Australand on their vision for the town centre, which has the potential to set the new standard for village-style town centres in western Sydney, incorporating an urban lifestyle with plenty of open green spaces, while also capitalising on its proximity to bus and rail networks,” said UrbanGrowth NSW Chief Executive, David Pitchford.
Australand Chief Executive Officer Rod Fehring said the company is proud to partner with UrbanGrowth NSW in this significant project for western Sydney.
“Edmondson Park Town Centre presents an ideal opportunity to locate homes near new transport infrastructure. This is the very best starting point for great residential communities, and we plan to enhance this opportunity with a carefully conceived mix of retail, business, health and lifestyle amenities,” said Mr Fehring.
With up to 45,000m2 of retail and commercial space within the Town Centre, Australand’s specialised expertise in mixed-use master-planned communities will be invaluable.
One of the best connected new urban developments in Sydney, Edmondson Park is located 8km from Liverpool CBD and about 45km from the Sydney CBD. It has a centrally located new bus-rail interchange and easy access to the M5 and M7 motorways.
UrbanGrowth NSW started a two-stage sale process in August 2014 to select a preferred tenderer to purchase and develop the future mixed use town centre site at Edmondson Park.
Stage one of the sale process involved an Expression of Interest (EOI) being issued to the open market.
A strong response was received from industry, and five organisations were identified to progress to stage 2.
The tender process closed on 27 March 2015.