As seen in theurbandeveloper.com, 11th December 2024.
By Vanessa Croll
After a decade of delays, the transformation of a “shabby” former industrial site at Liverpool is finally moving forward.
The $9-billion redevelopment—one of south-west Sydney’s largest urban projects—has been fast-tracked under the NSW Government’s State Significant Rezoning Policy (SSRP).
The Moore Point River City development, led by Coronation Property, would deliver 11,000 new homes and create thousands of jobs while enhancing vital local infrastructure.
The 32ha “mini-city” along the Georges River would feature more than 10ha of open space, a new public school for 1000 students and 8km of walking and cycling paths.
Coronation reserved 400 apartments for affordable housing to support health professionals working at the nearby Liverpool Hospital.
The project’s journey has been lengthy, with nearly 10 years of complex planning issues and setbacks, compounded by the site’s industrial history.
The recent introduction of the SSRP would allow the project to move forward.
Coronation managing director Joe Nahas said the new pathway would “allow streamlined and better co-ordinated planning processes and cut through the red tape” that saw them “stuck in the system” for a decade.
“This is another step-forward in supporting us to deliver thousands of new homes in Sydney’s rapidly growing south-west, where there is an escalating crisis in supply,” Nahas said.
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With public consultation for the Moore Point proposal now complete, construction is expected to begin late next year. The first apartments are scheduled for completion by 2027.
In addition to the housing, the project would improve connectivity between Liverpool’s CBD and surrounding areas, including the construction of pedestrian bridges across the Georges River.
The development would be managed by Coronation’s build-to-rent subsidiary, Nation, which will oversee about 2500 apartments by 2027.
Coronation Property has a proven record in the area, including the successful Paper Mill precinct along the Georges River.
The Moore Point development would follow a similar model, combining housing with community infrastructure to create a livable environment for thousands of future residents.
