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02Sep2015

Promenade Parramatta Reaches New Heights

Urban Developer

Probuild reaches a milestone today on the Promenade Parramatta project with the topping out of Stage 1, comprising of three apartment buildings being developed by Starryland Australia.

Ideally located alongside the Parramatta River and close to transport, entertainment and shopping precincts, Promenade Parramatta is part of a building boom in Australia’s fifth largest city.

When complete, the first stage of Promenade Parramatta will comprise 277 apartments in four buildings with 400+ car parking spaces. Ultimately, the three-stage development will comprise 774 apartments, with 1.2 hectares of landscaped foreshore open space.

Starryland Executive Director Hao Liu said, “Today we’re celebrating the topping out of the first stage of the Promenade development – a milestone for this development and also for Starryland with Promenade being our first development in Australia.”

“This is the first stage of a three stage project for Starryland, and we are so excited to be a part of the renewal of Parramatta which is fast becoming Sydney’s dual CBD.”

Promenade Parramatta is also Probuild’s first project in the city, continuing the company’s already significant investment in NSW.

Probuild NSW managing director Arthur Williams says, “Parramatta is a huge opportunity for us. It’s a city that is well suited to medium to high density housing, has a large number of younger workers and is close to all forms of transport.”

“We’ll continue to pursue projects in this rapidly developing city,” Mr Williams said.

Probuild is delivering land improvements for Starryland, including an extended boardwalk on the river edge for the community to enjoy.

Mr Williams says that this type of developer/builder collaboration for the benefit of community is what makes these projects so worthwhile.

“It’s not just about the building, but how that building fits within its surroundings.

“Of course, having a great relationship with our client, Starryland, means that these community benefits can be realised,” he said.

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