News

Luxury living planned for Panthers site

21.12.17

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. 

Related articles

  1. 01.11.18
    Astina Group awarded contract to build ESQ Stage One

    Local Penrith builder Astina Group has been awarded the contract to build all 152 apartments in Stage One of the East Side Quarter urban village development next to Panthers.  Construction has now commenced.

    Read More
  2. 14.08.18
    Presales Success for CABE’s East Side Quarter in Penrith

    CABE’s $500 million lakeside development in Penrith, East Side Quarter (ESQ), has sold more than 60 per cent of stage 1 prior to their official launch. The 6.5-hectare urban village located at the foothills of the Blue Mountains and the doorstep of Penrith Panthers’ entertainment precinct offers benchmark design and postcard views designed from the ground up to meet the needs and desires of a new generation. “A record apartment price for Penrith of $950,000 was achieved with the sale of a penthouse style, 3 bedroom apartment,” Colliers International residential project director Blake Schulze said. “Buyers were motivated to snap up an apartment as they understand the strong growth potential of Penrith and the Western Sydney economy.” Penrith is currently reshaping its future as the heart of the New West. Multi-billion-dollar infrastructure projects such as Badgery Creek are forging stronger connections to wider Sydney and building a vibrant, activated city centre. Dynamic inner-city lifestyles, growing entertainment and enterprise hubs, a second Sydney airport, significant upgrades to university and hospitals, major road networks and more are creating a blueprint for the future that is placing Penrith firmly on the global map. “East Side Quarter appeals to all buyers from downsizers, to investors and first home buyers with oversized 1 bedroom apartments starting at $410,000,” Schulze said. “The strong buyer demand has been from the local market, with buyers quick to secure their apartments due to the urban community that ESQ offers with the connection to the Panthers Precinct,“ PRD Nationwide Penrith managing director Darren Latty said. “The sales success is a true testament to CABE’s development vision and the Turner Architects’ design, appealing to owner occupiers with a strong uptake from downsizers,” he added. As Penrith’s most visionary and bold new precinct, ESQ offers an all-encompassing lifestyle and residential quarter that will excite, involve and engage on multiple levels. Architecture firm Turner is creating transformational spaces of a type and scale never before seen. The masterplan for 850 one, two and three bedroom apartments maximises amenity for residents both inside and out. The vision is for a whole new urban experience that draws strength from a charismatic relationship between nature, its built form and multi-layered public and private spaces. ESQ’s Sales Display Gallery is located on Retreat Drive, Penrith. Open from 11am to 4pm, Wednesday to Sunday, or via Private Appointment 1300 181818 www.esqpenrith.com.au   https://theurbandeveloper.com/articles/presales-success-for-cabes-east-side-quarter-in-penrith

    Read More
  3. 12.09.19
    Apartments of the Future

    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   

    Read More
  4. 07.08.18
    Sky High Revolution- East Side Quarter, Retreat Drive Penrith

    EAST SIDE QUARTER Retreat Drive, Penrith MARISSA GEORGOPOULOS WESTERN Sydney hub Penrith is due for its biggest transformation yet – a $500 million residential development that will push the suburb to new heights. The monumental new estate known as East Side Quarter will include 11 buildings ranging from four to 15 storeys and offer panoramic Blue Mountains views, a resort-style pool deck, play areas for kids and a retail laneway. The estate will also have a lakefront dining precinct, wellness retreat and regional play spaces. The first luxury apartments will hit the market next month. Telegraph the project was the culmination of long-time planning. “We’re very excited to finally put it out to the public,” Mr James said. “All up, it is 850 apartments, 3500sqm of retail, and it will be what we’re calling the first urban village of Western Sydney as it spans more than 6.5ha. Over half the site is landscape.” Neighbouring the site is the Penrith Panthers Leagues Club. Mr James said the proposal was welcomed by the Panthers board. Club members have been offered an early chance to buy into the 152 units being made available in the project’s first release in July. “We have gone out to them over the past week and in that time we have had over 50 per cent of the apartments pre-sold. This shows the local market has been crying out for this level of development. “There has been a healthy mix of buyers but downsizers have certainly shown strong interest.” Each apartment will have at least one car space. The one-bedders start from $400,000. Two-bedroom units are upwards of $550,000. The threebedders are priced from $700,000. Architects Turner will incorporate stone benchtops, porcelain floor tiles and mirrored splashbacks in kitchens and bathrooms. Construction of the first two buildings will start this year, with doors set to open to residents in 2020. Visit esqpenrith.com.au Caption Text: The $500 million project known as East Side Quarter will transform Penrith with 11 buildings, 850 units and about 3500sqm of retail space.   https://www.news.com.au/finance/real-estate/penrith-to-be-transformed-with-500m-development/news-story/f7a405c9e45536011e0a2f4f9adabd60  

    Read More