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Mulpha lodges first development application in the new Norwest | Thiink Property Update

Mulpha lodges first development application in the new Norwest | Thiink Property Update

Malaysian developer Mulpha has lodged its first development application for a commercial building at its $3 billion “smart city” Norwest.

The group has applied to The Hills Shire Council to build a seven-storey tower on Elizabeth Macarthur Drive in Bella Vista, in what will be the new project’s key commercial precinct, Circa.

The first new office is aimed at meeting the needs of entrepreneurs and small to medium enterprises and will include co-working spaces, retail stores and childcare facilities on the ground floor as well as six levels of flexible office space. There also will be three levels of basement parking and one partial level of ground floor parking for more than 300 vehicles.

“The overall vision is to create a dynamic campus-style environment that will enable innovative businesses to attract and inspire the people they need to compete in the global digital economy,” Mulpha Norwest executive general manager Tim Spencer said.

Mulpha announced its plans to give Norwest a $3 billion facelift in October last year, 24 years after it first built the 377-hectare business park. These plans include not just new commercial spaces but affordable apartments.

It will lead the transformation project, and is looking for partnerships with other land owners in the area, which include Sekisui House and church group Hillsong.

Importantly, the future park will be supported by the future Sydney Metro fast train planned to run in 2019. The new Bella Vista and Norwest stations is nearby.

Consistent with its vision to turn the park into a knowledge-based centre and in keeping with the NSW government’s Plan for Growing Sydney 2036 to deliver unique education and upskilling platforms around Sydney, this first office tower will also provide provide lots of spaces for people to walk, meet and co-work.

It will be connected to two other new buildings through a ground-level plaza.

“This proposed staged development foresees three separate commercial buildings, sited on a podium piazza area, with car parking and servicing located primarily below ground,” Mulpha said.

Future tenants would also be able to lease or buy single-strata units, while upper levels would offer businesses full-floor accommodation.

The building design intends to integrate aspects of the district’s history with base-level brick elements, transparent glass walls and an internal timber structure.

Mulpha’s master plan for Norwest will be rolled out over the next 10 years.

Article reposted from Financial Review.

We invite you to contact Greg Langford on 0428 128 488 to discuss how our team can ‘add value’ to your commercial or industrial property and set the new benchmark for any of your real estate needs for Sales, Leasing or Property Management.

Greg Langford | Director
M 0428 128 488
E greg.langford@thiink.com.au


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