ALAND to deliver final three buildings in Top Place's Skyview apartment development in Castle Hill
Development giant ALAND has stepped in to complete the construction of the final three buildings in Top Place's besieged Castle Hill apartment development, Skyview.
Two buildings in the five-building development at 51-53 Old Castle Road have been completed. The third is around 80 per cent complete, while buildings four and five are yet to come out of the ground, but the basement levels have been dug. ALAND will be rectifying any potential defects in the existing shared basement.
ALAND has been appointed following a comprehensive process by receivers KordaMentha to determine the pathway for the completion of the development. ALAND will now work closely with the Building Commission NSW to complete the construction of the Castle Hill complex.
ALAND Founder and Owner Andrew Hrsto says ALAND has a strong record of turning around challenging projects and transforming them into award-winning residential complexes in sought-after suburbs.
“ALAND maintains an end-to-end capability that uniquely positions us to take on these types of projects,” he said.
“Both KordaMentha and the Building Commission NSW clearly recognise our strong reputation, the quality of our product and our expertise and we are excited to drive this entire complex to completion.”
The complete development will provide a total of 964 apartments housing 2500 people, making a significant impact on the Sydney housing crisis.
Upon completion, buildings C, D and E at Castle Hill will be offered as build-to-rent homes and will dramatically increase rental property availability in North West Sydney with 532 apartments providing much-needed rental housing for 1500 residents.
ALAND has a long history, completing 100 per cent of projects for more than 20 years.
The company has recently been awarded an iCIRT Gold rating following a rigorous and independent review process to determine its capability, capacity and commitment.
Castle Hill has been in the news several times this week, with Kassis Homes, the developer behind Grand Reve which is across the road from Skyview, securing a site next door and filing for a four-tower masterplan.