Aqualand is changing the face of Chatswood

Sydney-based property development and investment company, Aqualand, has partnered with local developer Develotek Property Group to build four apartment buildings in Chatswood, Sydney.

The partnership will deliver more than 600 apartments and around 10,000 square metres of commercial and retail space across four separate sites, which they will hold and lease.

GALLERY  

Aqualand note that by taking advantage of the strong Sydney market conditions and potential of the residential property market, their “current residential pipeline will deliver approximately 4,500 apartments over the next 10 years.”

Develotek began their search for a development partner in 2018. Develotek director, Robert Sargis says, “After considering proposals from many developers we determined Aqualand to be suitably resourced to deliver this scale of development including capital, construction services and with a significant focus on the North Shore Market.”

“Develotek will utilise its internal resources to contribute design and planning and work collaboratively with Aqualand on creating the most community friendly developments to Chatswood,” he added.

A planning proposal to rezone the area has been underway for 18 months, with the partners waiting for the nod of approval from the NSW Department of Planning.

As well as dedicated community assets such as open space, pedestrian links, heritage restoration, enhanced public landscaping and road widening, the developers intend to retain a number of apartments for key workers in the area including school teachers and health care and emergency service employees. A community open space is also outlined for one of the four sites, including heritage restoration, vegetation enhancement and public domain improvements.

Aqualand is aligning its Chatswood development with Willoughby council’s 20-year strategy to grow the Chatswood CBD both as a major employment centre and residential precinct. This strategy encourages commercial office development to attract a larger share of major corporations.

Planning permitting, Aqualand are aiming to launch the project in 12 to 18 months.

For more information please visit Aqualand

All images via The Urban Developer.






Get our enews

Design and development news that comes to you

Subscribe
                 


‘Cardboard’ Homes Could be a Resource-efficient Temporary Home Solution

A pioneering approach to resource-efficient building design from several universities and industry partners could give people quicker access ...

Tradies Still Waiting on Consistent Security-of-Payment Laws

Quasar Constructions entered voluntary administration in September 2024. The company was working on several large projects including the ...

Embracing Biophilic Design

Biophilic design is a forward-thinking approach to architecture and interior design that incorporates nature into built spaces. The ...

Sustainable Building with a Legacy of Innovation

Did you know that the world’s first method of compressing agricultural fibres into a sustainable, durable building material ...

Heritage Reimagined: Merivale Unveils New Hospitality Precinct

Hospitality powerhouse Merivale has announced plans to transform a cluster of heritage buildings in the heart of the ...

  MORE  

Stay connected to the SPEC

Join our reader network by signing up to our weekly newsletter and receive design and development news straight to your inbox





Specifier Source is brought to you by the same company that publishes Home Design, Grand Designs Australia Magazine, Kitchens & Bathrooms Quarterly Magazine, Outdoor Design Source, Build Home, CompleteHome and many more.

© 2022 Universal Media Co. All Rights Reserved. Privacy Policy. Terms of Service. The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Universal Media Co.