Deicorp and PAYCE's Melrose Town Centre plans revealed
Prominent Sydney developer Deicorp has revealed its plans for the new Melrose Town Centre, turning the 55 hectare patch of dirt just outside of Parramatta into a fully mixed-use community.
Deicorp, who are teaming up with fellow developer PAYCE on the huge $700 million project, engaged Turner Architects to draw up the plans, which will see 494 apartments built across six buildings, as well as commercial, retail, child care centre, and medical premises in the podiums.
Stage one will see the five-level podium constructed, as well as three of the buildings. They will rise six, 15, and 24 levels, with the same heights planned for the other three buildings.
Two-bedroom apartments were the preferred configuration, making up around 70 per cent of the apartments on offer. There will be 346 two-beds, 94 one-bed apartments, and 54 three-bedroom units.
Transport links will be prominent, with the Town Centre set to have its own station as part of the Parramatta Light Rail link.
The precinct is divided into northern and southern parts, with Hope Street dividing the two. The northern part is bound by Victoria Road to the north, Wharf Road to the east, Hope Street to the south and Hughes Avenue to the west.
The southern part is approximately 20 ha in size and is bound by Hope Street to the north, Wharf Road to the east, Parramatta River to the south, and Atkins Road to the west.
Planning for Melrose Town Centre has been six years in the making, with initial planning discussions kicking off back in 2016.