Diversified developer Mirvac Group is advancing plans for a series of high-rise towers at Sydney Olympic Park.
The NSW government said it had made a recommendation to approve the company’s $292 million mixed-use state significant development in the suburb of Sydney Olympic Park that will provide 705 new homes.
Mirvac is planning four residential apartment buildings, ground-floor retail, a new road and open space. The overall precinct is also slated to include Mirvac’s first build-to-rent project, for which it is seeking funding.
“Approving such a key development at Sydney Olympic Park aligns with the NSW government’s goal to renew and grow the supply of social, affordable and private housing in accessible locations,” NSW Planning and Housing Minister Anthony Roberts said.