Tall & Urban News

GPT has lodged plans to build a AU$1.285-billion (US$1 billion) residential tower development near a recently completed Sydney Metro Station.

The development on eight super-lots in Rouse Hill includes towers up to 25 stories as well as 41,000 square meters of commercial-retail space called the Northern Precinct.

The 9.1 hectare precinct was identified in the Rouse Hill Regional Centre Master Plan, approved in 2004, and is between Commercial Road and the town center, Caddies Creek Residential Precinct and Windsor Road.

It is one of seven new precincts near the Sydney Metro Rouse Hill Station, which was completed in 2019. The area will also soon be home to a new AU$300 million (US$234 million) hospital with works to begin in 2023.

The latest GPT application builds on a "transit-oriented development" submission lodged in 2019 and makes some amendments, including reducing building height by five stories and doubling the amount of retail-community-commercial space.

According to the development application the project will be completed over at least 15 years with a series of neighborhood stages.

GPT Funds Management 2 Pty Limited and GPT Rouse Hill Pty Limited own the land—the group also owns the 69,700 square meter Rouse Hill Town Centre valued at AU$645.2 million (US$502.7 million).

Other developments in Rouse Hill include Castle Group’s 227 apartment development on Tallawong Road and Deicorp’s 350-apartment development on Civic Way.

The suburb is part of the Hills Shire Council, which has attracted an influx of development applications including a 1620 home approval for Landcom and Sydney Metro in the Castle Hill showground station precinct.

For more on this story, go to The Urban Developer.