A new four storey commercial building costing almost $23 million to construct has been approved for the western end of High Street in the Penrith CBD.
The development at 600-612 High Street is on the southern side of the street between Worth Street and John Tipping Grove.
Developers Nor Side Investments plan to excavate the site to create a single level basement car park containing 45 car spaces, which includes five accessible spaces and two service car spaces, bike spaces, stairs, lifts, plant and storage rooms.
They will construct the four storey commercial office building fronting High Street and Union Lane (rear elevation).
“The proposed office building will be provided with flexible floorplates that seek to maximise views, natural light and ventilation,” the Statement of Environmental Effects (SEE) prepared as part of the Development Application states.
“These office levels will generally feature similar floor layouts with no distinctions between the variances to the lifts and core toilet/bathroom layouts.
“These office spaces will feature technology to maximise occupant wellness, including industry best fresh, ventilation, and natural light solutions. This will promote a safe, flexible and healthy lifestyle and wellbeing for workers and visitors.”
The ground level of the complex will have a total commercial floor area of 1,306m2, with a generous sized foyer off High Street.
Level one will feature a floor area of 1,688m2, level two will have 1,703m2 and level three 1,273m2.
All existing structures on the site will be demolished.
“The proposal will be able to support the attraction of high performing tenants to the Penrith CBD with high quality commercial floor space in addition to the high level of active travel utilities,” the SEE said.
“The redevelopment on this site would result in substantial direct economic benefits in terms of job creation within the CBD.
“This will support the decade of decentralisation of policy with the aim of relocating public sector jobs from the Harbour CBD to the Central City.”
There will be no impact on Union Lane as a result of the development, though refurbishment and enhancement of the laneway is proposed.
The Development Application was lodged in the middle of last year and was granted approval by Penrith City Council on Wednesday.
Troy Dodds is the Weekender’s Managing Editor and Breaking News Reporter. He has more than 20 years experience as a journalist, working with some of Australia’s leading media organisations. In 2023, he was named Editor of the Year at the Mumbrella Publish Awards.