Council gives green light to more luxury units as part of East Side Quarter concept
More than 300 additional apartments have been approved for Penrith’s luxury East Side Quarter residential development.
Stages 2A, 2B and 3 were rubber stamped by Penrith City Council late last month giving developer CABE the go ahead to begin construction.
Read the full article on page 31 here: Western Weekender 12 September 2019
A new urban lifestyle village is coming to Penrith with ESQ 1818, the residential quarter of the Penrith Panthers’ Entertainment Precinct, receiving approval for stage one of its $500 million development. The development from Sydney developer CABE will feature 850 apartments plus retail, lake frontage, communal spaces and landscaped boulevards, nature walks and running tracks. CABE CEO Andrew James said it will be the first of its kind for western Sydney. “ESQ 1818 will become the residential quarter of the Penrith Panthers’ Entertainment Precinct,” he said. “East Side Quarter references the site location East of the Nepean River and East Side of the Lakefront and Penrith Panthers – creating an important lifestyle activation and connection into the town centre and Riverwalk Link. “The project will create a vibrant urban village on the door steps of the Penrith Panthers’ Entertainment hub.” Mr James said the new development would be of international standard. “ESQ 1818 will offer world class amenities, from the retail and lake frontage to the communal spaces, landscaped boulevards, nature walks and running tracks,” he said. Maintaining space between the buildings means views of the lake and Blue Mountains was essential for the development, with 50 per cent of the site allocated to landscaping, creating a green oasis for residents and the broader public. “The Blue Mountains is a Sydney icon,” Mr James said. “The natural attraction and fantastic backdrop is a direct visual connection to nature. It is our vision to create a village atmosphere bounded by parkland and landscaped boulevards. “Our landscape designers, Oculus, known for their work in both Barangaroo and the Central Park Development in Sydney, have been commissioned to realise this vision.” With one, two and three bedroom apartments on offer, the site will provide not only additional homes for the growing region, but a new vibrant and luxurious lifestyle currently missing from Penrith. “We believe space is the ultimate luxury,” Mr James said. “In addition to the amenities this project will deliver in the heart of Penrith’s entertainment precinct, we also have plans for a future eat street as well as resort-style living with wellness retreat, private club, dining and exclusive entertaining areas.” ESQ Stage One is scheduled to launch in the second quarter of 2018. Read the full article here.
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Award winning Sydney developer, CABE has just received DA approval for Stage 1 of its $500M ESQ 1818 (East Side Quarter) mixed-use development in Sydney’s Penrith. The 850-apartment master-planned development designed by the award-winning Turner Architects will feature retail, lake frontage, communal spaces and landscaped boulevards, nature walks and running tracks. Maintaining space between the buildings means views of the lake and Blue Mountains will never be built out. 50% of the site has also been allocated to landscaping, creating a green oasis for residents and the broader public. “We believe space is the ultimate luxury,” says CABE CEO, Andrew James. “In addition to the amenities this project will deliver in the heart of Penrith’s entertainment precinct, we also have plans for a future eat-street as well as resort-style living with wellness retreat, private club, dining and exclusive entertaining areas. This will be the first of its kind for Western Sydney.” “Our plans for this site meet the State Government’s vision to provide high-quality attainable housing with an array of amenities and employment opportunities near transport corridors,” he adds. “We’re looking forward to working closely with Penrith Council, community and all the precinct’s stakeholders to deliver this unparalleled mixed-use destination for Sydney’s booming West.” ESQ Stage 1 is scheduled to launch 2nd Quarter 2018. Registrations of interest are now available www.esqpenrith.com.au
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ESQ1818 Submits Development Application for Stages 2 and 3 A development application for stage two and three of ESQ 1818 has been lodged to Penrith Council for approval. A total of four residential buildings ranging from four to five storeys as well as one mixed use residential building with about 1225 sqm of retail space are the second and third stage of the development. The entire project, which includes fives stages of construction, will cover a 6.5 hectare footprint on the Panthers precinct and feature a lakeside promenade as well as landscaped space, shopping and restaurants a stone’s throw from the Nepean River. Penrith based property developer Astina Group has been awarded the mammoth task of building ESQ. “We have been impressed with what we have seen with Astina and the fact that they are local was icing on the cake,” CABE chief executive Andrew James said. Astina has recently built projects such as Home on High and East Bank and builder William Schrumpf welcomed the new project. “We are extremely excited to be teaming up with CABE to deliver ESQ,” Mr Schrumpf said.
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Targeted specifically for buyers over 55, Watersedge in Sydney’s northern beaches proves that apartment living isn’t just for young first-home buyers. Alison Cheung reports Watersedge is the latest residential project released in Bayview, with property developer CABE setting its sights on the over-55s market. The development, at 2079 Pittwater Rd, will consist of four triplebedroom units and a penthouse. With only five dwellings in total, managing director of CABE Lou Zivanovic said Watersedge will provide an alternative to offerings for the over-55s market, which are typically higher in density. “Making the decision to downsize doesn’t mean that buyers have to compromise on size and design,” Mr Zivanovic said. “Watersedge is an opportunity to secure a beautifully appointed apartment home that still offers spacious living and entertaining areas.”
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