Greenland break ground at Park Sydney, Erskineville second stage
Greenland and joint venture partners Golden Horse Australia have broken ground at Arbor, the second stage at their Erskineville masterplan, Park Sydney.
Arbor, which was first released in late 2021, will comprise 165 apartments, following the completed stage one buildings, Botany and Cascade.
Designed by award-winning Turner Architects, Arbor reflects the heritage of Erskineville’s terrace-lined streets, as well as the local area’s distinct sense of energy and creativity.
Arbor comprises a mix of studio, one, two and three-bedroom apartments starting from $693,000.
Since launching Botany and Cascade back in 2018, Park Sydney has become a thriving community and home to 330 residents, with 100 per cent of the completed apartments fully sold.
Construction partners Alliance Project Group and Mainland Civil have completed the site preparation works on the site which straddles Mitchell Road and Ashmore Street.
Park Sydney, one of the last and largest unencumbered freehold parcels of land in the City of Sydney, is located just four kilometres from the Sydney CBD. It already features a number of pocket parks, anchored by the 7,446 sqm McPherson Park.
There's a Woolworths Metro and a childcare facility already part of the development. It's just a short walk to Erskineville Train Station, as well as the 40-hectare Sydney Park and Erskineville Oval located just a few hundred metres away.
Arbor will be the final stage of Park Sydney handled by Greenland. Last year they sold five hectares of Park Sydney for $315 million to Coronation Property, who will add a further 1,000 apartments to the community, as well as 5,000 sqm of retail.
Earlier this year Coronation revealed the first plans for the $1.5 billion development.