Monday 22 December 2008

Penrith. Major CBD projects on the cards

A hotel up to16 storeys has been proposed in a master plan for a 10-stage, mix-use project, on the former 7855-square-metre Panasonic site, in Station Street, Penrith. Other facilities included a tavern, medical centre, cinema, approximately 1140 dwellings, restaurants and a child care centre. It would be developed over a period of 10-15 years and have a gross floor area of 157,000 square metres. The second project is a three-stage mixed-use project with frontages to High Street and Union Road. Stages one and two would each include eight-storey mixed-use developments and total 48 residential units and commercial space. Stage three may include two buildings of six storeys containing retail, space for small office/home office (SOHO) businesses and 29 apartments.

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