Lendlease Circular Quay proposal gets the green light
Lendlease's revised planning proposal for its Circular Quay sites on George and Pitt Streets has gained the approval of the Council, City of Sydney.
The proposal is accompanied by a Voluntary Planning Agreement (VPA) which is a proposed agreement between Lendlease and the Council.
The proposal provides for a low rise public building, a commercial office tower with a maximum height of 248m and the remodeling of Jacksons on George licensed premises.
Lendlease's proposed Circular Quay tower. Source: AFR
The VPA would secure several public benefits in connection with the proposal. These include:
- a community building
- business innovation space in the lower levels of the commercial tower
- a public cycle facility
- a large public plaza will front George Street
- a secondary plaza on Rugby Place
- a network of laneways to connect the precinct
The next step is for the approved planning proposal to progress as an amendment to the Local Environmental Plan and for City of Sydney and Lendlease to officially execute a VPA. Lendlease then intends to submit a development application to redevelop the Ciruclar Quay site.
Source: Lendlease
Related Articles
First construction contract awarded for $220m Adelaide Festival Plaza redevelopment
The first construction contract for Adelaide's $220m Festival Plaza redevelopment has been awarded to construction and development company Lendlease.
The contract is worth an approximate $21m, involves lowering Festival Drive, which will separate vehicle and pedestrian traffic and enable direct, on-foot access between the Riverbank Footbridge and Adelaide Railway Station.
Lendlease's $2bn city neighbourhood in Melbourne receives $490m residential building approval
The Victorian Government has approved three apartment towers in Melbourne's CBD, part of a precinct plan to build a new city neighbourhood that will be home to 10,000 workers, 3,000 residents and 1,690 apartments.
Green light given to upgrades on Appin Road NSW
With approval from Transpor for NSW, widening of Appin Road in New South Wales will push ahead and, weather permitting, construction is due to commence later this year.