Builder appointed for Stage 1 of $1.6bn Park Sydney project
Richard Crookes Construction has been awarded a $150 million contract to deliver Stage 1 of the $1.6 billion Park Sydney development - Greenland Australia and Golden Horse’s Sydney housing project.
Stage 1 of the massive development will include two new buildings - Botany and Cascade, named after two of Australia’s national parks - comprising of 330 apartments as well as a dining precinct, a medical centre and a child care centre.
“Park Sydney will be a major addition to our portfolio, and we’re really pleased to be delivering Stage 1 of this major urban renewal project,” Richard Crookes Constructions’ Managing Director Jamie Crookes said.
Source: The Urban Developer
The entire Park Sydney development will be located on a 6.9-hectare site in Erskineville’s Ashmore precinct, and this project is set to be Sydney’s largest renewal projects that will feature nine blocks of development space.
Park Sydney will have a total of 1,400 apartments, retail outlets, dining choices, child care facilities as well as a 7,400-SQM park, walkways and cycleways which will be constructed over five stages.
Greenland Australia’s Managing Director Sherwood Luo stated that he is excited to see works beginning on the project.
Source: Park Sydney
“It’s great to see projects like this coming to life - together with GH Australia, we’ve been planning Park Sydney since 2016 so it’s particularly exciting to see major projects of this scale starting to take shape and watching how they transform the local area.
“We are converting this large former industrial precinct into an engaging and inclusive residential community that will ultimately become home to some 3,000 residents,” Mr Luo said.
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Source: The Urban Developer
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