Penway Place, TOGA’s Penrith project secures approval

TOGA's development application for the first stage of Penway Place at Penrith has been approved.

The new residential community is set to commence construction in 2020 with completion expected by mid-2022. 

Penway Place is located on the corner of Union Place and High Street, marking the new gateway to Penrith CBD.

The area will benefit from significant government investment in infrastructure including a $1 billion upgrade to Nepean Hospital and an expected 42,000 to 55,000 extra jobs created by 2031.

Set to become the ‘New West’, Penrith is fast transforming into Sydney’s third CBD, TOGA chief Fabrizio Perilli said, with over 60,000 new residents expected in Penrith by 2031. 

SJB Architects and their design partner Architect Prineas were commissioned for the new urban residential and mixed-use precinct proposal.

The first stage of the larger masterplan for Penway Place will comprise two residential towers rising above a three-storey podium, featuring ground level retail and three levels of car parking. 

It will also feature a mix of one, two and three-bedroom apartments, with a number of them with views to the Nepean River and neighbouring Blue Mountains.

Penway Place is on the doorstep of a major Westfield shopping centre, a few minutes’ walk to Penrith train station and down the road from the Penrith Panthers Leagues Club.