The crowning jewel, The Foundry, will be released on to the market this month.Coronation Property development’s rooftop garden was designed by landscape designer and media personality Jamie Durie. It would be accompanied by a rooftop pool that overlooked the Georges River. In total, there will be 198 apartments across 17 levels. Coronation Property’s director of sales Jason Soulos said they were committed to restoring materials from yesteryear to respect the rich history of the site. “Based on previous sales at the Paper Mill, The Foundry is expected to sell out quickly, particularly as it represents the last building at this popular precinct and offers more three bedroom options, which have proven the most popular to date,” he said. The precinct’s repurposed, 19th century heritage mill building would become the beating heart.
It would be surrounded by retail outlets, cafes, popup shops, farmers’ markets and community activities.
Once fully occupied, The Paper Mill would be home to about 3000 residents. Mr Soulos said current population projections indicated that one in three new residents of NSW would live in the south west by 2036, another factor, he said, at the heart of Coronation Property’s drive to ensure they were well catered to. The paper mill is Australia’s first and work started last year on the $600 million venture with more than 1000 apartments.