First look exclusive: Caddens Corner to secure nearly 600 dwellings in $283 million masterplan

Property developer Holdmark Group is set to create another mixed-use village in Sydney's west, submitting plans for a huge 5.5 hectare site in Kingswood, next door to Penrith

The Caddens Corner project, neighbouring Western Sydney University and TAFE NSW, will flank the Caddens Corner Shopping Centre on O'Connell Street. The plans are for a 19-building community, which will bring new residential, retail and commercial, as well as extensive landscaping and community gardens.

Just under 600 dwellings are planned as part of the $283.5 million masterplan.

Holdmark, who are involved in the development of a vibrant community in Melrose Park, said they took learnings from the Caddens community which helped shape the design.

"We have learnt a lot about Caddens and the greater region through our experience with the community and shoppers at Caddens Corner," a Holdmark spokesperson said.

"We understand what they love about Caddens and we also understand what they want to see for the area."

Holdmark says the project was created with the community at the forefront of design and place making.

"The development aims to further establish Caddens a strong and vibrant community precinct with many different civic, natural and urban spaces all connected together. 

"New community meeting places, parks, natural reserves and walkways will be accessible to the community and delivered part of this project."

The project will be delivered in four stages, the first stage bringing 145 dwelling across five buildings. There will be around four to five buildings delivered per stage. The last stage, which will see six buildings constructed, will also include four shops and new food and beverage tenancies.

Part of the brief to architect Turner Studio was to create a number of different housing typologies which would suit a variety of buyer.

"The project creates a diverse product offering appealing to different purchasers at different stages in their lives, whether it be ground floor lofts or upper level terraces with landscaped rooftop community spaces," Holdmark said.

Turner Studio noted that the proposed design will incorporate this generic suburban shopping centre into a pedestrian friendly village centre.

"The proposal to enhance the quality of the site by transforming it into a mixed-use precinct will bring vibrancy and interconnectedness to the existing retail centre and the emerging locality," Turner wrote in their Design Report to the Penrith City Council.

"The public spaces drive the overall design of the precinct, with a series of public spaces in the form of tree-lined streets courtyards, a retail plaza, a public park that are connected by streets and laneways with unique characters."

Turner says the development proposal builds upon the vision and objectives of the Caddens DCP by creating a vibrant and diverse mixed-use development that responds to local needs by supporting the future culture of the local community.

The project is around five kilometres from downtown Penrith.