Urban farm, supermarket, shops – bold $250m development goes on sale

The first 27 architecturally-designed two and three-storey homes in the new $250m Forestville development will hit the market on Saturday.

Located on the former Le Cornu site on Anzac Highway, the development will incorporate six

distinct precincts – residential, hospitality, retail, commercial, education and tourism.

Also opening tomorrow is a bespoke ‘demonstration space’, offering potential buyers an idea of the resident experience.

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Civil construction is already underway at the site which is expected to create 900 direct and indirect jobs during the construction phase and a further 700 ongoing after completion, and work on the homes released tomorrow is expected to begin next year.

They will overlook a landscaped open space and have three bedrooms, internal courtyards, rooftop gardens, and provisions for battery storage and EV charging, and off-street parking for two cars.

Forestville terrace homes concept artwork. Supplied

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Another artist’s impression of the sophisticated development. Supplied

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An artist’s impression of the development’s urban farm. Supplied

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The demonstration space will house the project’s sales and information centre as well as a ‘mini-supermarket’, a cafe and restaurant, a co-working space, a Youth Inc school and an events space.

All up, the development will feature 250 apartments and 71 terrace homes, with the market square – The Agora – having a supermarket, eateries, cafes and shops.

Almost one third of the development will be open and green space, half of which will be publicly accessible and some of which will include a rooftop urban farm practicing regenerative agriculture.

How Forestville’s impressive Market Square might look. Supplied

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How Forestville’s impressive Market Square might look. Supplied

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The site is the brainchild of a consortium led by Commercial Retail Group, the owners and operators of Frewville and Pasadena Foodland, developer Peet Limited and local developer Buildtec.

Housing and urban development minister Nick Champion said it was an important development that would transform the former Le Cornu site into a new neighbourhood.

“This development will accommodate hundreds of people and demonstrates the importance of

creating a masterplanned community in a strategic infill location,” he said.

“The proximity of this area to the Park Lands, CBD and major public transport options will make this a popular place to live, shop, study and work.”

Forestville internal concept images. Supplied

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Forestville internal concept images. Supplied

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Commercial Retail Group director Spero Chapley said it was an honour to be involved in creating a community where people can live, play, work and learn.

“We feel privileged to be developing and activating this unique site on the city-fringe for the benefit of not only future residents, but also the broader community,” he said.