URBAN VILLAGE TO BE BUILT
Say goodbye to old North Penrith.
A new “thriving urban village” of more than 1000 homes and commercial spaces will be built on 40ha of land next to Penrith station.
UrbanGrowth NSW announced last Friday it had sold the Thornton development site to private construction and property company St Hilliers Group and First Point Projects.
The development site will become home to 450 medium-density residential apartments and 5500sqm of retail and commercial space. It will feature a 2500sqm supermarket and up to 3000sqm of specialty shops, restaurants, a medical centre, gymnasium and a childcare facility.
Penrith state Liberal MP Stuart Ayres said this development would offer new housing choices and lifestyle opportunities.
“Thornton is a community for everybody. The diverse housing choices truly meet the needs of the wider community and today’s announcement is a significant step towards establishing urban living in Penrith,” Mr Ayres said.
St Hilliers executive chairman Tim Casey said the development would create an urban village in the heart of Penrith.
“Residential apartment living in Penrith’s city centre is unprecedented,” Mr Casey said.
Article by: Ian Paterson