Norwest set for exciting transition into a thriving urban hub

Norwest set for exciting transition into a thriving urban hub
Property ObserverDecember 17, 2020

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The Norwest Business Park is on the cusp of a transformation that will bring new life and vitality to the area. A growing workforce and a local population seeking out a new way of living are the driving forces behind the evolution of Norwest.

The milestone of 20,000 workers in Norwest has come and gone with forecasts the area will see more than 35,000 people employed in the business park in the next 15 years.

 “A larger workforce will inevitably mean an increase in demand for housing so there’s no doubt Norwest is already undergoing a revitalisation into an integrated lifestyle destination,” Steve Grant from Capital Corporation says.

“And the plans we have for Esplanade on Norwest Lake are leading the way in that transformation.”

By combining a diverse mix of apartments, a host of resident-only amenities, three levels of boutique workspaces, waterfront dining and retails areas to the backdrop of an upgraded public boardwalk, the Esplanade proposal is the natural next step in an already very successful area to make daily life more enjoyable and convenient.

Norwest will also benefit from Australia’s largest public transport infrastructure project in the Sydney Metro Northwest rail line.

The fast, reliable and high frequency trains will easily transport people from Norwest to the city, Macquarie Park and across the district.

The Norwest metro station is being built within 400 metres of the Esplanade site, with both projects slated for completion in 2019.

This public transport infrastructure will add to the appeal of living in Norwest, with accessibility and connectivity a key consideration for owner-occupiers and investors alike. 

“We’ve been building at Norwest for over 25 years, and we’ve seen that every time there’s a major infrastructure investment there is a corresponding lift in property values,” Mr Grant says.

“That occurred with the opening of the M2, opening of Norwest Marketown, the opening of the M7 and it’s our opinion this will occur again with opening of the Norwest rail station, due to open about the time Esplanade is completed.”

Esplanade responds to the needs of many families who moved to The Hills area 20 or 30 years ago who are now looking for the convenience of a development that brings the life-work-recreation combination together to make daily life more enjoyable.

“Our extensive experience within the northwest market tells us that buyers and investors are looking for projects that contribute to a healthier work-life balance,” Mr Grant says. “That’s why location is just as important as the facilities on offer in an integrated development like the one proposed at Esplanade.”

To learn more about what esplanade offers, please visit esplanadenorwest.com.au, call 1800 088 800 or visit our unique display suite to see what a full-sized two-bedroom apartment will look like. The display suite is located at 11 Solent Circuit, Baulkham Hills and is open daily from 11am to 2.30pm or by private appointment.

 

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