Why buyers should be looking at Sydney's north west growth corridor
The Hills District is alive with activity.
Since it was announced 5,000 apartments were to be built in the Hills Showground Precinct, CASTLE HILL and its surrounding areas have gone from strength to strength.
There's been regeneration throughout the district, while the first phase of the redevelopment which opened in 2019 included New South Wales’ first direct pedestrian link to the CASTLE HILL Metro Station and bus interchange, as well as new communal spaces and a bustling new food court and vibrant marketplace.
Now Castle Towers, one of the largest shopping centres in the country, is to undergo redevelopment.
QIC, founded in 1991 to serve the long-term investment responsibilities of the Queensland government, has unveiled the next phase of the shopping and dining precinct.
Dubbed The Village, plans are before council for a 200-key hotel, a 12-story commercial building, a retail component across three levels, a live entertainment venue, a rooftop garden, and a range of other public spaces.
The Woods Bagot-designed hotel will be one of the significant elements of The Village, featuring premium event facilities and several upscale hospitality venues.
QIC has revealed that they will invest a total of $568 million in the masterplan for The Village, which will be the next phase of its Castle Towers Shopping Centre precinct, designed by BVN.
According to QIC, the first 12-story commercial building, at 2 Castle Street, will be of A-grade quality and the first of its type to be built in the area.
The Village is one of the many new developments happening around the area that will benefit the boom in residential development that is occurring as more buyers take to the outskirts of the city.
Kassis Homes' Grand Reve will be one to benefit from the new mixed-use development, located just down the road at 8 and 18 Garthowen Crescent. As will Deicorp's Hills Showground Village and KWG's Castle Island, which are both just a five minutes drive from the proposed precinct.
But it's not just those within the immediate area that will be able to take advantage of the world-class precinct, especially with the Metro Train line servicing a number of nearby suburbs.
The first stage of Norwest Quarter will become part of a vibrant and connected masterplanned neighbourhood just five minutes on the Metro from Castle Towers, with developing giants Mulpha at the helm.
Over 70 per cent of the precinct is green, open space, with a mix of one, two and three-bedroom apartments planned across the first two towers, Banksia and Lacebark.
The zero-carbon development will transform over 3.8 hectares of greenfield land into a vibrant town centre for over 2,000 residents once complete, with prices starting at $620,000 for a one-bedroom apartment.
Two-bedroom apartments are priced from $860,000 while the three-bedders begin at $1.46 million.
Developers Deicorp have been prominent in the north-west corridor, with the group also developing in Tallawong, just next to Rouse Hill. Tallawong Village is situated on the steps of the Metro line, which will take residents to Castle Towers within 15 minutes.
Tallawong Village is the group's largest north-west development, set to feature 333 apartments when completed later this year.
Delivering a collection of one, two and three-bedroom apartments, the varying floorplans will target the owner-occupier market along with investors with a keen eye for the developing market.
The group continued a strong relationship with architects, Turner Studio, who have designed many of the apartments to feature additional study spaces.
The village will also benefit from the planned future Tallawong Town Centre, which will deliver up to 30,000 sqm of retail floorspace, while the bustling Rouse Hill Town Centre is just one stop away on the Metro.