CONSTRUCTION TO BEGIN ON GOSFORD APARTMENTS and so will begin the transformation of more than 4,000 square metres of vacant land on the Gosford waterfront into a thriving precinct with new homes, shops and restaurants.
Parliamentary Secretary for the Central Coast Adam Crouch said approval from the NSW Government for the first of three new buildings at the Central Coast Quarter would signal to investors that Gosford is open for business.
“This $52 million development will see 136 new homes and more than 600 square metres of space for shops built next to Gosford City Park and within walking distance of Central Coast Stadium and the train station,” Mr Crouch said.
“We’ve worked hard to ensure the settings are in place through the Gosford City Centre Revitalization Plan to drive investment and create new jobs, homes, and infrastructure.
“This development, which includes new public open space and will create 105 construction and 21 operational jobs, is a fantastic example of how the Government can encourage investment and good design.
“The developer worked closely with the City of Gosford Design Advisory Panel that was set up by the NSW Government to allow taller buildings if they demonstrated excellent design and didn’t overshadow nearby public spaces.”
Since the release of the Gosford City Centre Revitalization Plan in October 2018, $793 million worth of development applications have been approved. A further $649 million of potential projects are under assessment or have been considered by the Design Advisory Panel.
Construction is due to start in June and is scheduled to be completed by early 2024.
For more information, visit www.planningportal.nsw.gov.au/major-projects/projects/central-coast-quarter-stage-1-northern-tower