Coronation Property Group breaks ground at new Chatswood apartment development
Leading Australian developer and builder, Coronation Property Group, has officially broken ground to mark the start of construction at its new $250 million mixed-use residential and commercial development at Chatswood.
Located at 57-61 Archer Street, close to the Chatswood Chase and Westfield Shopping Centres, the 32-level development has been recognised as a State Significant Development (SSD) by the NSW Government’s Housing Delivery Authority (HDA). It will deliver over 150 one, two, three and four-bedroom apartments.
Designed by global architectecture firm Woods Bagot, the project will also feature 2,500 sqm of retail and commercial space on the ground level, with a restored heritage building repurposed for fine dining, wellness facilities, and a communal landscaped open space for residents.
The sod turn event was led by Coronation’s Head of Urban Transformations, Aras Labutis, and attended by Coronation’s Executive and Development Teams; Project Partners and consultants, Urban Taskforce CEO Tom Forrest and the Member for Willoughby and Shadow Minister for Small Business and Shadow Minister for Fair Trading, Work Health and Safety and Building, Tim James.
Coronation’s Managing Director Joe Nahas said he was proud that the Chatswood project represented Coronation’s first move into Sydney’s bustling North Shore market.
"We’re excited to mark the start of works on our new mixed-use development in the heart of Chatswood,” Nahas said.
“The close proximity to two major shopping centres, health services, eateries, the Chatswood Concourse arts and entertainment venue, schools, and major transport hubs, will create a vibrant, accessible new community for those looking to move to the heart of the Chatswood CBD.
"Our apartments will also offer local essential health and retail workers the opportunity to live in a beautifully designed apartment close to where they work, alleviating long commute times for them.
Nahas said Coronation is proud they are ‘on the ground’, continuing to deliver a solid pipeline of quality new apartments in activated, well-connected areas across Sydney.
Up to 400 jobs will be created through the life cycle of the development which is expected to be completed by Q1 2027, contingent on SSD planning approvals.