EASTLAKES LIVE, EASTLAKES
A prime example of the modern vogue for placemaking can be found in southeast Sydney, where a A$1 billion development of homes, shops, restaurants, cafes, public gardens and a new medical centre is taking shape. During the first phase of the Eastlakes Live project, developer Crown Group will build 134 apartments, scheduled for completion in 2021.
A further 400 apartments are planned for phase two. Residents’ facilities in phase one will include a 25-metre swimming pool, gym, rooftop lounge and landscaped gardens, which will have a sequence of secluded areas with seating, sunbathing spots, barbecue nodes and relaxing water features.
The development is 6km from Sydney’s central business district and 3km from the University of New South Wales. The cosmopolitan and culturally diverse nature of suburban Eastlakes will appeal to many investors, the developer believes.
WOW FACTOR: By combining commercial, residential and public spaces, Crown Group and the architects, FJMT, believe they can create a place that is more than the sum of its parts, where establishing premises for leisure time will attract homebuyers, and the provision of homes will provide customers for local businesses—a virtuous circle that will breathe life into a new Eastlakes town centre.
A$590,000 From crowngroup.com.au