Riverfront set for big makeover

$70M Development unveiled.

Liverpool Leader Nick Hansen 26-11-2014

It’s the derelict former paper mill set to become Liverpool’s most exclusive riverfront address with a$70 million high-rise make-over. Coronation Property – now developing the Solis tower on the city’s northern edge – has submitted its application for a 15-storey, 245-apartment community on the Georges River.

If approved by Liverpool Council, it will pip Solis as the city’s tallest building. The developers are spruiking a cafe, retail and meeting space – similar to trendy Sydney hangout The Grounds of Alexandria – as the jewel of the project. Surrounding the public space will be two towers, one facing north at 15 storeys, and the other, at nine storeys, facing the river. More than 300 car spaces will be provided on two levels of basement parking.

The one, two and three-bedroom apartments will hit the market at prices starting from $339,000. Some buyer have already put down a deposit. The development still needs to pass council planners but arrives right on time for Mayor Ned Mannoun’s campaign to activate the Georges River. Jones Lang LaSalle national director Aaron Hatch said construction could begin next year if the approvals process was smooth.“The council has been talking about activating the river and making it more accessible, that’s what this project does,” he said.