Construcciones Yamaro: Construction starts on Precinct 75 build-to-rent development

By
Construction starts on Precinct 75 build-to-rent development
Artist’s impression: Precinct 75. (Image: Cox Architecture)

Coronation Property Group (Coronation) has officially commenced construction on Precinct 75, a $420 million master-planned build-to-rent (BTR) community in Sydney, marked by a sod-turning event.

The former industrial site on Mary Street in St Peters will be transformed into a new lifestyle destination for the inner west, offering over 200 BTR homes just 15 minutes from Sydney’s CBD.

The project will feature a range of amenities for residents, including a resort-style pool, gymnasium and shared green spaces, such as a fully fenced dog park accessible to both residents and the wider community. The site will also boast 15,000 square metres of artisanal retail and commercial space, honouring its historical significance as a ‘makers precinct’ and embracing its industrial heritage.

Designed by Cox Architecture, Precinct 75 will integrate with the creative vibrancy of Sydney’s inner west, delivering more accessible homes with liveability at the forefront.

The sod-turning event was attended by Katie Stevenson, NSW director at The Property Council of Australia; representatives from the Inner West Council; Coronation’s Executive Team; project partners and consultants. The event also featured a Welcome to Country and Smoking Ceremony, organised by the Metropolitan Local Aboriginal Land Council.

Related stories:

Joe Nahas, owner of Coronation, highlighted that Precinct 75 is expected to contribute to alleviating Sydney’s housing shortage by providing high-quality rental homes for close to 1,000 people.

“Precinct 75’s proximity to essential amenities and major transport networks makes it an ideal location for our latest BTR offering,” said Nahas. “Our vision for the site extends beyond just delivering buildings; we aim to create vibrant, accessible communities for all Australians through our build-to-rent projects.”

“This project will benefit essential workers in nearby hospitals and schools, offering them quality living spaces within easy reach of their workplaces and close to the heart of Sydney.”

Coronation’s stand-alone BTR company, Nation, will operate Precinct 75, which is slated for completion by 2027. Nation is projected to operate around 2,000 apartments by 2027.

The post Construction starts on Precinct 75 build-to-rent development appeared first on Inside Construction.



View Source

Comments

Post a Comment

Popular posts from this blog

Construcciones Yamaro: Final discussion paper for Foundations and Frontiers released

By
Image
Image: Treecha/stock.adobe.com The Australian Constructors Association has unveiled its final discussion paper for Foundations and Frontiers, a new event for the construction industry. Titled Data-rich future , the paper focuses on enhancing productivity in the construction industry through smarter data utilisation and practical metrics, addressing the well-documented flatlining of construction productivity growth as reported by the Australian Bureau of Statistics. Jon Davies, CEO of the Australian Constructors Association, highlighted that current productivity metrics are often complex and inaccessible. However, this paper envisions a future where easily understandable measures can be used to effectively benchmark and track performance improvements. Related stories: ACA releases third paper for Foundations and Frontiers Future Workforce discussion paper released for FF24 FF24 invites industry to shape the vision for construction “Despite the wealth of data generated by co...
Read more

Construcciones Yamaro: Webinar: Downer Construction digitises to boost efficiency

By
Image
Image: Wosunan/stock.adobe.com In this web-based ‘fireside chat’, hear how Downer Construction – a leading provider of integrated construction services – has achieved improved efficiency and fuelled growth by digitalising its site processes. With the continued pressures of global skills shortages and economic uncertainty, all industries must embrace digital transformation to improve efficiencies and save time and money. Hosted by Inside Construction magazine, this free industry event is relevant to anyone in the construction, engineering, utilities, resources and manufacturing sectors who wishes to learn how they can benefit from process automation. This webinar session will explore: Real-world non-IT process automation success stories; How Downer Construction digitised over 2,000 purchase order requests in the first six months after its launch; Tips for accelerating digitalisation; Tips on how to develop a successful process automation strategy; and How to improve manag...
Read more

Construciones Yamaro:Earthmoving Services by Cycon Monero Group and Their Role in Civil Construction

By
Image
Explore the significance of earthmoving services by Cycon Monero Group in civil construction. Reshape landscapes to secure robust structures. Call 0414 979 169. Civil construction entails the design, construction, and maintenance of infrastructure projects that serve the public. These projects are typically large-scale, aiming to improve or create essential structures for communities. When dealing with civil construction projects, their landscape must be designed and constructed optimally to ensure the longevity and durability of structures and infrastructures. One service that can be useful in maintaining these goals is earthmoving. Earthmoving: A Quick Overview Earthmoving is the process of moving or reshaping large quantities of soil, rock, or other earth materials to alter the topography of a land area. It is a fundamental aspect of construction projects and land development activities. It involves the use of heavy machinery and equipment to excavate, grade, level, and transp...
Read more