MORE than 600 new homes could soon join the mix of office buildings, shops and the planned Crown Sydney Hotel at Barangaroo South, following the positive assessment by the NSW Department of Planning and Environment of a proposed residential development.
The Department's assessment report, which recommends the plans for two residential towers be approved, has now been sent to the independent Planning and Assessment Commission for a final decision.
The Department's Executive Director of Key Sites and Industry Assessments, Anthea Sargeant, said the proposed $750 million development would create 1215 construction jobs and 55 ongoing jobs once complete.
"After being closed to the public for more than 100 years, Barangaroo is transforming into a thriving new waterfront precinct for people to live, work, eat and play," Ms Sargeant said.
"The proposed development, known as 'One Sydney Harbour,' could provide 624 homes close to jobs, shops, public open space, a future metro station and the newly opened Barangaroo Ferry Hub."
The applicant, Lendlease, has designed the towers to reduce the impact on views from surrounding areas.
"The proposed development design was created by the internationally recognised architect Renzo Piano and includes more slender buildings that are set further apart," Ms Sargeant said.
"It also includes a publicly accessible pedestrian walkway between the two buildings to connect the future Hickson Park and Watermans Cove, with shops, cafes and restaurants on each side."
The final decision on the proposed development will now be made by the Planning Assessment Commission.
A third building has been proposed as part of the 'One Sydney Harbour' site. Lendlease has requested it be put on hold while changes are made to its design as a result of community consultation. This application will be assessed separately by the Department once ready.
More information is available from the Department of Planning and Environment's Major Projects website at <http://majorprojects.planning.nsw.gov.au/>.