Castle Towers Redevelopment, Castle Hill
The Hills are coming alive with a major makeover for Castle Towers and the soon to be opened Sydney Metro. Sydney Metro Norwest Rail Link is well underway and expected to be opened from May 2019, and with the revamp of Castle Towers, Castle Hill will be back on the map as a place to want to live, work and shop especially for the young, growing families as well as professionals on a good income.
Castle Towers owned by Queensland Investment Corporation (QIC) was opend in 1982 and updated in 1991. It is one of the best performing malls in Australia. The vision of QIC is to transform the existing center into Australia’s second largest shopping center with a direct underground link to the station. They plan to seamlessley integrate Castle Towers with the new Metro station, with both above and below ground retail spaces.
QIC plans to increase the size of the center by up to 80,000sqm to a total size of more than 190,000sqm. It could be home to six new skyscrapers consisting of two residential towers of 20-32 storeys high, two high-rise hotels of 13-24 storeys, two commercial office buidlings of 17-18 storeys as well as entertainment and leisure facilities.
QIC has a vision to revitalise the Piazza dining precinct to make it weather friendly with extended trading hours to contribute to the region’s night-time economy. The new Piazza will bring a host of nationally recognized food retailers to the precinct as well as the hugely populated entertainment concepts, Strike Bowling and Holey Moley.
The redevelopment will also mean significantly improved car parking facilities for a capacity of more than 8,000 vehicles making it into a bustling retail villiage with open-air laneway shopping. It is set to create an additional 2,373 jobs with enhanced dining and retail areas as well as an updated cinema complex.
Castle Towers redevelopment plan
Increase floor area from 113,197 to 193,457 sqm
Create 2373 new jobs for the Hills district
Generate 4798 vehicles movements per hour, up from the current 3843 vehicles per hour
7959 car park spaces will be provided, in line with RMS recommendations
159 motorcycle spaces and 60 bicycle spaces will be provided
The development is capable of being linked to the new Castle Hill railway station
Reference Links
http://adpconsulting.com.au/portfolios/castle-towers/
http://skyviewcastlehill.com.au/news/demolition-start-early-2018-castle-towers-redevelopment
https://www.dailytelegraph.com.au/newslocal/hills-shire-times/castle-towers-management-qic-plan-for-six-higrise-towers-in-castle-hill-cbd/news-story/5258dba57240024317815fe8c3509dec?login=1
https://www.dailytelegraph.com.au/newslocal/hills-shire-times/demolition-to-start-early-2018-for-castle-towers-redevelopment/news-story/bc7befa197e8abaec1ed364686ad0dee
https://www.dailytelegraph.com.au/newslocal/hills-shire-times/castle-towers-to-provide-pedestrian-link-to-sydney-metro-station/news-story/3de90f27562e9999800c4b91d1b3a424
https://www.dailytelegraph.com.au/newslocal/the-hills/castle-towers-set-to-become-second-biggest-shopping-centre-in-australia-under-proposed-911m-rebuild/news-story/79276487ea5b3f6ed62224bdc2d4155a
https://www.ibuynew.com.au/news/industry-news/castle-towers-to-transform-castle-hill-for-the-bethttps://www.bgeeng.com/sbu-retail/49-market-sectors/ms-property-and-buildings/msp-retail-centre/94-castle-towers-expansion-nsw?tmpl=component
Image source from QIC website (https://www.qic.com.au/)
