Tall & Urban News

Sydney’s Transit-Oriented Waterloo Tower Scheme Proceeds to Next Stage

28 November 2018 | Sydney, Australia

The planning process for development over the new Waterloo Station in Sydney's inner south has shifted into its next stage. 
 
Sydney Metro is seeking approval for proposed development above the station site, having received planning approval for the transit center in January 2017. 
 
A number of building options have been investigated for the transit-oriented development, which include three residential apartment buildings of 29 stories, 25 stories, and 23 stories, respectively, comprising mixed uses, such as retail and commercial office space. 
 
The proposal also includes four mid-rise residential apartment buildings of 10, seven and four stories, with three of the four buildings pegged to sit above Waterloo station. 
 
A three-story mixed-use building has also been proposed to house community and recreational facilities. 
 
The Metro Quarter, the developing sector surrounding the station, is additionally anticipated to deliver new homes, shops, community services and a public plaza. 
 
The precinct, delivered by Sydney Metro, is bounded by Botany Road, Cope Street, Raglan Street and Wellington Street. 
 
The developer has submitted its concept State Significant Development application with the NSW Department of Planning for the development. 
 
UrbanGrowth NSW, the government-owned development agency, has already submitted a State Significant Precinct study covering what sort of buildings can be included in the area. 
 
The outcome of both planning processes will be determined by the state planning minister. 
 
The concept development applications are now on public exhibition until 30 January 2019. 
 
While the application is not seeking consent for any construction, the next stage will develop the design, including the final architecture of the buildings. 
 
Following a competitive tender process, the developer will select a development partner to build the project and submit the development application. 
 
Construction work to build the new station is currently underway, with an estimated completion date of 2024. 
 
For more on this story, go to The Urban Developer