RESIDENTIAL PROPERTY

Toga wins approval for Penrith towers

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TOGA has won approval for the first stage of its Penway Place, giving the green light for two residential towers above a three-storey podium at the gateway of Penrith’s CBD.

Construction on the new residential community will begin in 2020 with completion expected by mid-2022.

Stage one of Penway Place, on the corner of Union Pl and High St, will have ground level retail and three levels of car parking.

Penway Place will offer a private landscaped podium with barbecue and seating areas, community garden, gym, playroom and an outdoor dog park. One, two and three bedroom apartments will be available, with a number of them featuring views to the Nepean River and neighbouring Blue Mountains.

SJB Architects and their design partner Architect Prineas designed the site, which includes a new residential and mixed use precinct, and a public plaza.

The area is expected to benefit from significant government investment in infrastructure, including a $1 billion upgrade to Nepean Hospital and an expected 42,000 to 55,000 extra jobs created by 2031, as well as the new Western Sydney Airport.

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