Crown Group reveal Eastlakes' $1 billion redevelopment

Crown Group reveal Eastlakes' $1 billion redevelopment
Joel RobinsonMarch 18, 2018

Crown Group have revealed its new Eastlakes town centre development.

The image shows the modern retail and restaurant area which will be in the first stage of the $1 billion redevelopment.

Dubbed Eastlakes Live, the fjmt-designed project will comprise modern residential apartments and a new restaurant and retail precinct. 

Stage one of the development will include 134 apartments.

They will range from one-bedroom apartments to penthouses.

There will also be 12 retail outlets.

Stage two of Eastlakes Live will include a mix of residential and retail components, with details still to come, completing the modern new town centre.
 
The development site adjoins Eastlakes Reserve and is located eight kilometres from Sydney’s CBD and three kilometres from the University of South Wales, Sydney Airport and Green Square.

There will be two major supermarkets fresh food offerings, a restaurant promenade, street cafes, a medical centre, as well as densely landscaped gardens and children’s play areas.

Crown Group chairman and group CEO Iwan Sunito said the development was designed to "create a new entertainment and lifestyle precinct for Sydney."

“This is the first stage of our concept of creating a thriving and modern urban village - anchored by a residential component and filled with dynamic retail, entertainment and outdoor recreation opportunities.

The new development draws on the success of Crown Group’s multi-award-winning Top Ryde City Living project which successfully integrated 653 residential apartments within seven towers above a modern shopping centre. 

Crown Group will begin sales of 134 luxury apartments in the first stage of Eastlakes Live in June 2018, with completion slated for 2020.

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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