7-11 Lachlan Avenue, Macquarie Park

<ul>
	<li>The project involves the demolition of all existing buildings and structures.</li>
	<li>The construction of a 14 storey mixed-use residential building is planned for the site.</li>
	<li>The building will have ground floor commercial premises, 35 studio apartments, and a total of 269 residential units including:
	<ul>
		<li>60 x 1 bedroom units</li>
		<li>149 x 2 bedroom units</li>
		<li>60 x 3 bedroom units</li>
	</ul>
	</li>
	<li>The building will feature 2701.5 square meters of communal open space.</li>
	<li>The exterior of the building will be finished with timber look battens, clear and colourback glass balustrade, sandstone look cladding, and rendered walls.</li>
	<li>The building will provide 4 levels of basement car parking facilities, with space for:
	<ul>
		<li>337 vehicles including 31 visitor parking spots</li>
		<li>7 car share spaces</li>
		<li>34 accessible parking spots</li>
		<li>23 retail parking spaces</li>
		<li>6 motorcycle spaces</li>
		<li>40 bicycle spaces</li>
	</ul>
	</li>
	<li>Additionally, 1319.2 square meters of landscaping will be included in the project.</li>
</ul>

<ul><li>The project involves the demolition of all existing buildings and structures.</li>
	<li>The construction of a 14 storey mixed-use residential building is planned for the site.</li>
	<li>The building will have ground floor commercial premises, 35 studio apartments, and a total of 269 residential units including:
	<ul><li>60 x 1 bedroom units</li>
		<li>149 x 2 bedroom units</li>
		<li>60 x 3 bedroom units</li>
	</ul></li>
	<li>The building will feature 2701.5 square meters of communal open space.</li>
	<li>The exterior of the building will be finished with timber look battens, clear and colourback glass balustrade, sandstone look cladding, and rendered walls.</li>
	<li>The building will provide 4 levels of basement car parking facilities, with space for:
	<ul><li>337 vehicles including 31 visitor parking spots</li>
		<li>7 car share spaces</li>
		<li>34 accessible parking spots</li>
		<li>23 retail parking spaces</li>
		<li>6 motorcycle spaces</li>
		<li>40 bicycle spaces</li>
	</ul></li>
	<li>Additionally, 1319.2 square meters of landscaping will be included in the project.</li>
</ul>

155-159 Herring Road, Macquarie Park

Joel Robinson

The top 25 off the plan apartment developments to look out for across Sydney in 2024

Sydney's northern suburbs, anything from north of the Harbour Bridge, saw a number of development applications filed in 2023 and late 2022.

Most of the developers will hope to get approval in a timely manner given the scarcity of supply in the harbour capital driving transactions.

We've had a look at the most exciting projects which are expected to launch in 2024, if not early 2025.

<h2>Location: 184b-190 Kurraba Road, Kurraba Point</h2>

<h3>Developer: PB &amp; Co</h3>

<a href="https://www.urban.com.au/new-apartments/melbourne-vic">Melbourne</a>-based developer&nbsp;<a href="https://www.urban.com.au/developers/pb-co">PB &amp; Co</a>&nbsp;is marking their first venture in&nbsp;<a href="https://www.urban.com.au/new-apartments/sydney-nsw">Sydney</a>&nbsp;with a striking development in one of Sydney's most affluent areas.

They spent $60 million on a&nbsp;<a href="https://www.urban.com.au/new-apartments/kurraba-point-nsw">Kurraba Point</a>&nbsp;site where they will be developing a&nbsp;highly sustainable and innovative luxury residential project in collaboration with&nbsp;<a href="https://www.urban.com.au/architects/koichi-takada-architects">Koichi Takada Architects</a>.

The 4,200 sqm block will be home to four different residential buildings, including six luxury apartments on the street side of the block and four dual occupancy residences closer to the water.&nbsp;

The luxury apartments will offer various amenities, such as dedicated wine rooms, butler's pantries, multi-purpose rooms, and water-facing balconies. The dual occupancy buildings will include private rooftops with plunge pools and outdoor barbecue kitchens.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/184b-190%20Kurraba%20Road%2C%20Kurraba%20Point.png?VersionId=_2oECkfkEyn86ROhBJVaPhKtRtETFcU3" />

The project aims to achieve a 6-star Green Star rating with a focus on sustainability and a zero-carbon lifestyle.

Key sustainable features of the project include passive design strategies, rooftop solar farms, an underground geothermal energy system, rainwater collection for irrigation, building management systems for performance optimization, integrated shading structures, and the use of local, sustainable materials.&nbsp;

The development is intended to be carbon neutral not only in design but also in operations.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/first-look-exclusive-pb-co-reveal-koichi-takada-plans-for-one-of-a-kind-kurraba-point-development">First look exclusive: PB &amp; Co reveal Koichi Takada plans for "one-of-a-kind" Kurraba Point development</a>

<h2>&nbsp;Location: 617-621 Pacific Highway, St Leonards</h2>

<h3>Developer: Anson Group&nbsp;</h3>

St Leonards has been a hive of activity for apartment developers in recent years, reflecting the transition from a predominantly commercial area to a more mixed-use and residential environment.

<a href="https://www.urban.com.au/developers/anson-group">Anson Group</a>&nbsp;recently submitted <a href="https://www.urban.com.au/news/nsw/first-look-st-leonards-set-for-tallest-tower-as-anson-group-file-for-mixed-use-development">$187 million plans to build a 50-level tower</a>, making it one of the tallest in the area.&nbsp;

The mixed-use tower is designed by architecture firm&nbsp;<a href="https://www.urban.com.au/architects/bvn-architecture-0">BVN</a>&nbsp;and will consist of 195 apartments above a six-level podium featuring retail and commercial spaces.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/617-621%20Pacific%20Highway%2C%20St%20Leonards.png?VersionId=7f8wIG9YkNc90HATaWy2kjAWGkLOXUBW" />

Over half of the apartments are two-bedroom units, reflecting market preferences for larger living spaces, especially in the post-COVID era when remote work has become more prevalent.

The building will feature a two-level penthouse at the top, referred to as a "multilevel crown," and resident amenities on the 24th level, including a swimming pool, spa, multipurpose room, and outdoor terraces.&nbsp;

The development will also include a new community and arts centre, basement parking for 72 cars, nearly 400 sqm of retail space, and over 2,600 sqm of commercial space.

<h2>Project: The Collective</h2>

<h2>Location: 50-56 Atchison Street, St Leonards</h2>

<h3>Developer: TWT Global</h3>

Property developer&nbsp;<a href="https://www.urban.com.au/developers/twt-property-group">TWT Global</a>&nbsp;is expected to launch its highly anticipated $1 billion mixed-use St Leonards development, The Collective.

Last year the developer <a href="https://www.urban.com.au/news/nsw/exclusive-twt-global-secure-st-leonards-site-to-expand-1-billion-masterplan-the-collective">spent&nbsp;$35 million on 50-56 Atchison Street</a>, a 1080 sqm site which will be integrated into The Collective which will span&nbsp;nearly 9,500 sqm across multiple suburban blocks with three towers.

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/50-56%20Atchison%20Street%2C%20St%20Leonards.png?VersionId=fE0DIFFDOLRtOS9dz3K.ozbD3ZOxJ7vt" />

TWT Global, who have developed NewLife Darling Harbour and NewLife Bondi Junction, are committed to fostering cultural vibrancy in St Leonards through its Creative Precinct initiative.

Launched in 2014, the Creative Precinct involves the conversion of several commercial buildings into creative spaces, including artist studios, galleries, rehearsal spaces, recording studios, arts business offices, and creative retail.

The initiative has already supported over 800 artists and creative businesses, providing the local creative community with over 4,000 square metres of subsidised space.

<h2>Project: Nelson Place</h2>

<h3>Location: 9-11 Nelson Street, Chatswood NSW 2067</h3>

<h3>Developer: VIMG</h3>

Developer&nbsp;<a href="https://www.urban.com.au/developers/vimg">VIMG</a>&nbsp;is expected to push on with its&nbsp;<a href="https://www.urban.com.au/developments/chatswood-nsw">Chatswood</a>&nbsp;project, <a href="https://www.urban.com.au/new-apartments/nelson-place-9-11-nelson-street-chatswood">Nelson Place</a>.

After collaboration with the&nbsp;<a href="https://www.urban.com.au/developments/willoughby-nsw" target="">Willoughby</a>&nbsp;Council and a design competition, VIMG has submitted a development application for two towers comprising&nbsp;193 apartments, down from the initially forecasted 300 apartments for the site.&nbsp;

The two and three-bedroom apartments are reported to be 15 to 20 per cent larger than the minimum guidelines outlined in the Apartment Development Guidelines.

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Nelson%20Place.png?VersionId=9X41MAysXArdHWHr.xK4cCbZV0gzqzkV" />

The towers, designed by&nbsp;<a href="https://www.urban.com.au/architects/dko-architecture">DKO</a>, will rise from a central public plaza with retail and commercial spaces, and landscaping by Land And Form Studios.

Nelson Place includes a landscaped podium roof for residents, featuring outdoor covered yoga and a pool deck positioned to take advantage of the north-facing aspect of the terrace.

The development will be within walking distance of the train station, a large shopping mall, and proximity to high-quality primary and secondary schools.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/first-look-vimg-plot-two-tower-chatswood-apartment-development-nelson-place">First look: VIMG plot two-tower Chatswood apartment development, Nelson Place</a>

<h2>Location: 44-52 Anderson Street, Chatswood</h2>

<h3>Developer: Bridgestone Projects</h3>

Sydney developer&nbsp;<a href="https://www.urban.com.au/developers/bridgestone-projects">Bridgestone Projects</a>&nbsp;is another looking to change the Chatswood skyline.

They have plans in with council for a plans for a new $90 million apartment development on a 2,687 sqm site at 44-52 Anderson Street.

The proposed project is set to include two towers linked by a green spine and a retail and commercial podium.

Bridgestone is emphasising larger apartment configurations, with only six one-bedroom and 16 two-bedroom apartments planned across the 25-level buildings.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/44-52%20Anderson%20Street%2C%20Chatswood.png?VersionId=ZvdbVhPp5xBzdbgTh1wBAWgeT9F56YTa" />

The majority of the units will be three-bedroom, duplex-style apartments occupying levels eight through 21.&nbsp;

Above level 22, the development will feature large sub-penthouses and penthouses, with the latter having private rooftop gardens.

The ground floor of the development will host 13 retail and commercial spaces along Anderson, O'Brien, and Day Streets, as well as eight townhouse-style apartments across two levels.&nbsp;

A co-working space will occupy part of level one and level two. Resident amenities on the second level will include a swimming pool, vertical community garden, outdoor gym, and barbecue facilities.

The winning design by architecture firm&nbsp;<a href="https://www.urban.com.au/architects/make-architecture">MAKE Architecture</a>&nbsp;balances the scale of the towers with the heritage conservation areas.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/bridgestone-file-for-two-tower-chatswood-apartment-project">Bridgestone file for two-tower Chatswood apartment project</a>

<h2>Location: 629-639 Pacific Highway, Chatswood</h2>

<h3>Developer: Polytec</h3>

Another for Chatswood, which had a flurry of applications last year when the&nbsp;CBD boundary to the north was expanded which opened up more favourable height limits to zones previously strictly capped.

<a href="https://www.urban.com.au/developers/polytec-australia-development-pty-ltd">Polytec Australia Development</a>&nbsp;filed for a 27-story mixed-use tower with 53 apartments on a 1,184 sqm block at 629-637 Pacific Highway, currently occupied by two separate car service and repair businesses.

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/629-639%20Pacific%20Highway%2C%20Chatswood.png?VersionId=49ehWRLkjesNuci1Fb29D5kLOLQCzA7g" />

The tower, designed by&nbsp;<a href="https://www.urban.com.au/architects/pbd-architects">PBD Architects</a>, will include ground-floor retail and commercial spaces within the podium levels, sitting above five levels of basement car parking.&nbsp;

The tower will consist of two one-bedroom apartments, 22 two-bedroom apartments, 28 three-bedroom units, and a penthouse with four bedrooms.

Designed by&nbsp;<a href="https://www.urban.com.au/architects/pbd-architects" target="">PBD</a>&nbsp;Architects, the floor plates are optimised for solar access and cross-ventilation, with consideration given to neighbouring context and views.

The site is strategically located around 550 metres south of the Chatswood transport interchange and 750 metres from Chatswood's central retail precinct, providing convenient access to metro, rail, and bus services.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/first-look-chatswood-off-the-plan-apartment-development-pipeline-ramps-up">First look: Chatswood off the plan apartment development pipeline ramps up</a>

<h2>Location: 8 Wilson Street, Chatswood</h2>

<h3>Developer: Billbergia</h3>

Last one I promise. Prolific developer&nbsp;<a href="https://www.urban.com.au/builders/billbergia">Billbergia</a>&nbsp;revealed its first residential development on the North Shore last year, a $170 million mixed-use development in Chatswood.

Billbergia's Development Director Saul Moran said the project's focus was on innovative live-work typologies to address the growing trend of flexible post-COVID working styles and working from home.&nbsp;

The proposed development comprises two slender 27-storey towers with 251 apartments rising above a two-storey commercial podium.

The podium includes a mix of uses such as retail, commercial showrooms, and flexible SOHO (Small Office/Home Office) style live-work offerings, catering to residents who prefer working remotely in a separate, comfortable, and private setting.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8%20Wilson%20Street%2C%20Chatswood.png?VersionId=Kc3xdV4yDA0H0GkWAI9Moh917Korv.sa" />

Billbergia anticipates that the live-work design will resonate with the North Shore market, particularly as approximately 40 per cent of Australians now work from home at least part of the week, according to the Australian Bureau of Statistics.

Additionally, a 70-place childcare centre within the podium aims to provide convenience for working parents.&nbsp;

Residents will also have access to communal facilities, including an outdoor swimming pool, landscaped communal areas, and private open rooftop spaces.

The development incorporates landscaped, through-site pedestrian links, forming a cross-shaped laneway connection with retail tenancies and live-work spaces.&nbsp;

The project also places a strong emphasis on sustainability, with features such as rainwater harvesting, thermal buffers in the podium's landscaped areas, rooftop gardens to reduce rainwater runoff and provide insulation, and solar photovoltaic panels on the roof.&nbsp;

Construction is expected to commence in late 2024, subject to development approval.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development">Billbergia focus on hybrid, remote working at new Chatswood apartment development</a>

<h2>Location: 155-159 Herring Road, Macquarie Park</h2>

<h3>Developer: One Global Capital</h3>

Iwan Sunito's&nbsp;<a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital</a>&nbsp;will hope to push the button on their Macquarie Park apartment development designed by Japanese architect&nbsp;<a href="https://www.urban.com.au/architects/koichi-takada-architects" target="">Koichi Takada</a>.

Contrary to initial discussions of including a hotel, the development will consist of just over 300 apartments across three towers, as well as activated street-level spaces at 7-11 Lachlan Avenue and 157-159 Herring Road in Macquarie Park.&nbsp;

The Macquarie Park site was acquired as the largest collection sale in Australia in 2022.

<img alt="Top North Sydney developments to look out for in 2024" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/155-159%20Herring%20Road%2C%20Macquarie%20Park.png?VersionId=0_G0YE.M2DpzPO2Vi3bO2DKi47_pwH5S" />

The apartment distribution includes 35 studio apartments, 149 two-bedroom apartments, 60 one-bedroom apartments, and 60 three-bedroom dwellings. The units range in size from 40 sqm studios to 199 sqm split-level, three-bedroom townhouses. The proposal also includes 'Plus' apartments featuring dedicated study spaces, responding to the rising trend of working from home.

The streetscape design aims to create a permeable pedestrian network and an active retail precinct along Herring Road, with Macquarie University railway station approximately 400 metres away.

One of the towers will feature amenities like indoor and outdoor recreation spaces, a swimming pool, play areas for children, barbecue areas, and rooftop gardens.

The development also includes sustainable initiatives such as rooftop solar panels generating 100 kWh of energy for common areas and corridors, high-performance double glazing within apartments, energy-efficient LED lighting, and electric vehicle charging stations.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/iwan-sunitos-one-global-capital-set-for-three-tower-macquarie-park-development">Iwan Sunito's One Global Capital set for three-tower Macquarie Park development</a>

<h2>Location: 45 McLaren Street, North Sydney</h2>

<h2>Developers: Podia &amp; CASA</h2>

Prominent Sydney developer Podia will be looking to launch their joint venture North Sydney development in 2024.

Podia and CASA are seeking to&nbsp;develop 71 dwellings, a mix of apartments and townhouses opposite the recently topped out AURA by Aqualand.

<img alt="North Sydney" data-entity-type="file" data-entity-uuid="49a8fead-dd50-4871-9cb1-d88b0bfb7f21" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-15%20at%208.02.51%20pm.png?VersionId=IlIAQ3oOK9ur7YCiEhfEVZixHdh5rjHF" />

The 14-level tower has been cleverly designed by&nbsp;<a href="https://www.urban.com.au/architects/bates-smart" target="">Bates Smart</a>&nbsp;and features a striking stepped form which has the building stagger up to it's 14th level, allowing for a number of large terraces on the upper floors.

<a href="https://www.urban.com.au/architects/bates-smart" target="">Bates Smart</a>&nbsp;said the vision is&nbsp;for a sustainable, mixed-use building that provides exceptional dwellings which capitalise on the site’s location between North Sydney’s dense and thriving CBD and North Sydney’s Civic Precinct.

&nbsp;

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/first-look-podia-and-casa-lodge-bates-smart-plans-for-walker-st-north-sydney-mixed-use-tower">First look: Podia and CASA lodge Bates Smart plans for Walker St, North Sydney mixed-use tower</a>

<h1>&nbsp;</h1>

We've got projects to look out for in Kurraba Point, Macquarie Park, St Leonards and Chatswood

The top nine off the plan apartment developments in northern Sydney look out for in 2024

Iwan Sunito Unveils Vision for One Global Capital's Future Developments

In a recent interview with Urban.com.au, Mike Bird sat down with Iwan Sunito, the CEO and founder of <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital</a>, to delve into the company's impressive background and its exciting vision for the future.

While <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capita</a>l may seem like a new player, it's the rebranded face of Crown Group, a family office that has already delivered $4 billion worth of developments.

&lt;p&gt;&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/RKUijhaQ1-E?si=DFNp_PISd90TSNIJ" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

Background and Rebranding

Sunito clarified that <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital</a> is the fresh identity chosen to present his family office, formerly known as Crown International Investment. The rebranding, which took place in 2023, aligns with the philosophy of "One Vision, Infinite Possibilities", emphasising the global reach of the company. Sunito highlighted the intention to continue the legacy of successful projects, pushing boundaries in 2023 and beyond.

Upcoming Projects

With an impressive portfolio of almost $1.5 billion worth of developments in planning, <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital</a> is set to make its mark quickly on the Sydney off the plan apartment market. Sunito shared details about two major projects – a $1 billion, 300-apartment development in Macquarie Park and a groundbreaking $1.2 billion project in Chatswood. The latter is expected to be the largest of its kind, featuring an extraordinary design that aligns with <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital'</a>s commitment to excellence.

Target Audience and Urban Living Trends

Sunito discussed the evolving trend of urban living, noting that more people are gravitating towards city living. <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital </a>aims to tap into the local and global buyer markets. Sunito explained that they are targeting residents who seek high-rise living with extensive amenities, catering to both local buyers and the influx of migrants contributing to Australia's population growth.

Signature Amenity and Thoughtful Design

A key focus for One Global Capital has always been thoughtful design. Sunito, an architect by background, stressed the importance of creating an experience of space that goes beyond technology and style. He emphasised the need for buildings to be world-class, with an iconic and timeless design. Sunito shared the joy of seeing people positively respond to their buildings, reinforcing the psychological and physiological impact of well-designed structures.

The Future Vision

Looking ahead, Sunito expressed his commitment to pushing the boundaries of design, emphasising that great architecture contributes to a legacy beyond profitability. He highlighted the psychological value of buildings, noting that they should be designed to withstand the test of time and become iconic landmarks.

In closing, Sunito shared his excitement about the future, where One Global Capital is set to go public in the next five years. The company's focus remains on creating a green city for the future, reflecting their passion, purpose, and commitment to being more than just developers.

&nbsp;

Stay tuned for <a href="https://www.urban.com.au/developers/one-global-capital">One Global Capital</a>'s transformative projects, where innovation and care converge to shape the urban landscape.

In a recent interview with Urban.com.au, Mike Bird sat down with Iwan Sunito, the CEO and founder of One Global Capital, to delve into the company's impressive background and its exciting vision for the future. While One Global Capital may seem like a new player, it's the rebranded face of Crown International Investment, a family office that has already delivered $4 billion worth of developments.

Michael Bird

Iwan Sunito unveils vision for One Global Capital's future apartment developments

Plans have been revealed for the first residential development for Iwan Sunito's One Global Capital, away from Crown Group's Mastery by Crown in Sydney's Waterloo.

Sunito, the Crown Chairman and Group CEO, founded One Global Residences last year. It will deliver the first buildings in Crown Group's Mastery by Crown.

But the first project away from Crown Group will be in Macquarie Park, where Sunito's had renowned Japanese architect Koichi Takada (Crown Group's go-to architect), draw up plans for a three-tower project.

No hotel as mooted, the buildings, across&nbsp;7-11 Lachlan Avenue and 157-159 Herring Road, will home just over 300 apartments, as well as an activated street-level.&nbsp;

There will be 35 studio apartments, which take up just over 10 per cent of the building. The majority of apartments will be two-bed (149 apartments, 49 per cent), while there will be 60 one-beds and 60 three-bed dwellings (20 per cent).

The units range in size from 40 sqm studios to 199 sqm split-level, three-bedroom townhouses. There will be a handful of 'Plus' apartments, which will feature a dedicated study space, responding to the rising trend of working from home.

<img alt="Koichi Takada Crown" data-entity-type="file" data-entity-uuid="0e165145-4e7d-4592-b047-b2f1a2e769df" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%208.12.02%20am.png?VersionId=b.Y7aJybjahc6QFIPqLxDBL7UBtgWEhx" />

The proposal accommodates 342 parking spaces including 31 visitor spaces, seven car share spaces and 34 accessible spaces. There are 36 bicycle parking spaces and 15 electric vehicle parking spaces.

The Design Report, part of the development submission, said the proposed development&nbsp;is ideally positioned in Macquarie Park, a Northern Sydney suburb set to play a key role as an innovation precinct and economic powerhouse in Sydney’s North District.

"Given the anticipated future investment, development and growth in the area, the local Council is anticipating a significant increase in the residential population who will require more affordable and diverse housing product, the report noted.

"The overall vision for the project is a high-quality residential and commercial development which adds value and density to its site.

"One Global Capital will deliver a quality development of scale that benefits from the available transport infrastructure and the precinct’s proximity to jobs, retail and education opportunities within the Macquarie Park corridor."

<img alt="Koichi Takada Crown" data-entity-type="file" data-entity-uuid="1f2175d9-3f1c-4f39-8ea1-cb7af5978a6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%208.47.10%20am.png?VersionId=wkqhU8McmNAIm5Z3VTrb8cA3e3VfAf1A" />

The design strategy is focused on creating community, activating the streetscape, delivering high-quality apartments, and maximising residential experience on site, the report noted.

The streetscape design sets out to create a permeable pedestrian network and active retail precinct along Herring Road. Macquarie University railway station is approximately 400m away.

"Residents will enter from busy Herring Road to a generous, central green oasis programmed with amenities that set out to activate a sense of place and community.

"From the apartments above, residents will look down in to an urban forest with a meandering track programmed with intimate and larger spaces to rest, work and play. The courtyard is sheltered from the street by two building blocks which act as an acoustic buffer, creating a pleasant and relaxing environment."

One of the towers will feature a range of amenities, including indoor and outdoor recreation spaces and a swimming pool, set in landscaping and rooftop gardens. There will be play areas for children and barbecue areas.

<img alt="Koichi Takada Crown" data-entity-type="file" data-entity-uuid="6491485e-7619-4515-a6db-6a6c5501e495" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-22%20at%208.05.01%20am.png?VersionId=2ijUIKqC1SESBRiZsDIykUXVPfbXt0eg" />

Sustainable initiatives have been used in the design.

Rooftop solar panels have been designed to generated 100kWh energy, which will be used for common areas and corridors.

Within the apartments will be high performance double glazing, improving solar control, and energy efficient LED lighting. EV charging will also be available.

The application will be referred to the Sydney North Planning Panel under the Environmental Planning &amp; Assessment Act 1979 for determination as the capital investment value exceeds $30 million.

On securing the site late last year, Suntio said, as the&nbsp;first of many acquisitions, the Macquarie Park site is a significant investment which they plan to deliver a "truly extraordinary residential offering to the market, unlike anything else currently available in Sydney."

At the time of the sale, it had been the largest collection sale in Australia in 2022.

No hotel as mooted, the buildings, across 7-11 Lachlan Avenue and 157-159 Herring Road, will home just over 300 apartments, as well as an activated street-level 

First look: Koichi Takada designs Iwan Sunito's One Global Residences development in Macquarie Park

Iwan Sunito's development firm One Global Capital has locked in it's next project.

One Global Capital, which will deliver&nbsp;the first residential buildings at Mastery by Crown Group in Sydney's Waterloo, has secured a huge six block, 6,974 sqm site in Macquarie Park.

Plans are being put together for three towers on the site which incorporates&nbsp;7-11 Lachlan Avenue and 157-159 Herring Road, which will have 270 apartments, a 100-room hotel, and specialised retail.

The project provides for a shared concierge and premium community facilities allowing residential purchasers lower cost strata levies along with access to services usually only accessible in hotels such as 24-hour food and beverage services.

Sunito, who is the Founder at One Global Capital, said he was excited to announce the introduction of the new premium, ‘signature selection’ residential and hotel “platform” which aims to set a new benchmark in luxurious larger-sized residences, hotels, retail and facilities.

<img alt="Sunito Macquarie Park" data-entity-type="file" data-entity-uuid="fc88d5a4-2ecc-4745-b151-356d070a5825" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-30%20at%2011.45.16%20am.png?VersionId=Fem6cHKZ9fbSgEjqkd52uBkpVuSLrZbs" />

“The platform has been specifically established to work with funds and financial institutions in stand-alone joint ventures,” Sunito said.

“As the first of many acquisitions, the Macquarie Park site is a significant investment which we plan to deliver a truly extraordinary residential offering to the market, unlike anything else currently available in Sydney.

“The Macquarie Park site is ideally located for residential apartments as it is within easy walking distance to Macquarie University, the recently expanded Macquarie Centre and Macquarie Park Metro Station.”

Savills Director Stuart Cox who handled the sale, said it is largest collective sale in Australia so far this year, with all six adjoining blocks having to settle on the same day.

“This was a very unique offering for Macquarie Park providing future residents within this development the opportunity to live within 300 metres of Macquarie University, Macquarie Centre, Macquarie Railway Station and the Macquarie Bus Interchange,” Cox said.

“Also significant is the site’s 77 existing apartments which will remain tenanted until a DA is achieved later this year.”

It is envisaged the project will be brought to market in 2023.

The new company is a separate venture from Sunito’s other property development company, Crown Group of which he is Chairman and Group CEO.

Crown Group recently scrapped it's plans to break into the Melbourne market, but are still set to push ahead with their first project in Brisbane.

Plans are being put together for three towers on the site will comprise 270 apartments, a 100-room hotel, and specialised retail.



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