Wednesday 25 November 2009

Parramatta. DA for $220 million tower

Crown International Holdings expects to lodge, in December,.a DA with Parramatta City Council, for a $220 million residential and mixed-use project on the corners of Macquarie, Marsden and Hunter streets, in the western corridor of the CBD. Crown purchased the site from Becton Property Group, in July, for about $15 million. A current DA approval exists for a mixed-use building up to 20 storeys. Crown has a $125 million building of two17-storey towers, with 264 apartments, including 12 penthouses, in Cowper Street, Parramatta. Crown has projects worth more than $225 million under construction at Newington and Rhodes.

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