Candalepas Associates and Fender Katsalidis win design competition for Deicorp's newest Zetland apartment development
Ever-present Sydney developer Deicorp is a step closer to realising its next apartment project.
Following a rigorous Design Competition, something which the City of Sydney make mandatory for large projects within the City of Sydney local government area, renowned architectural firms Candalepas Associates and Fender Katsalidis will lead the design efforts for the landmark development on Joynton Avenue in Zetland.
The Joynton Avenue site, acquired for around $180 million from owner and occupier electricity distributor Ausgrid, spans 2.86 hectares and has nine existing buildings which will make way for what will become one of Green Square's prime residential addresses.
The project marks Deicorp's strategic move to expand its presence in South Sydney's thriving real estate market. With plans for a 580-apartment complex, the company aims to address the increasing demand for quality housing in the area.
The 580 apartments will contribute to Deicorp's other projects already under construction in the area. Their Downtown Zetland and The Rothschild Rosebery projects are well advanced in construction. Deicorp's pipeline for the area now stands at over 1,300 apartments.
The zoning of the Joynton Avenue site allows for a mixed-use development, encompassing a gross floor area of about 55,000 sqm with buildings ranging from 28 to 50 metres in height.
The project will also align with Deicorp's vision of transit-oriented development, promoting accessibility to transportation networks, amenities, and retail offerings in the vicinity.
The Joynton Avenue project is part of Deicorp's strategic vision to contribute nearly 4,000 apartments to Sydney's housing market over the next 12 months.
