Frasers Property Australia has approval to develop a riverfront site at Parramatta, just east of the Parramatta CBD.
The five-hectare site, which is currently an industrial park tenanted by Toshiba, will have 774 apartments across 10 towers.
Ranging from two to 12 storeys, the contemporary Morton Street residential precinct has been designed by the architectural firm Smart Design Studio, following a design competition.
The site includes 1.2 hectares of foreshore land which will be remediated and landscaped and then gifted to the city of Parramatta.
The site is close to the University of Western Sydney.
The area was re-zoned for residential, mixed-use, public open space and waterway uses in 2011 under the Parramatta local environment plan (LEP) 2011.
The recent planning consent for Frasers’ Morton Street masterplan and stage one works was given by the NSW Joint Regional Planning Panel following a period of community consultation co-ordinated by Urbis.
Building heights are generally equal to or less than the heights permissible in the Parramatta City Council development control plan 2011 and the Parramatta local environmental plan.
The development will take place in three stages, with each stage assessed by council. Stage one works include three buildings with around 277 apartments, plus associated open space and landscaping.