A $350 million “innovation precinct” in the Sydney suburb of Westmead has received development approval.
The project, designed by Architectus, will consist of two mixed-use towers, to be located between Westmead Hospital and railway station. It will become a hub for health, education, research and business, as well as “lifestyle facilities” such as a supermarket, fitness centre, food and beverage venues, childcare, retail spaces.
The development is a collaboration between Charter Hall and Western Sydney University with the university to locate two of its research institutes – the Marcs Institute for Brain, Behaviour and Development and the Translational Health Research Institute – at the precinct.
Westmead Innovation Quarter designed by Architectus.
Image: Architectus
The proponents say the project provides opportunities for collaboration between the public and private sector.
“Continued research, educational and commercial investment in Westmead is critical, not just for the success of the precinct, but in driving the COVID-19 mitigation and recovery phases ahead. This approval sends a vitally important signal that innovative public-private initiatives like Innovation Quarter are well placed to navigate the challenging terrain ahead,” said Western Sydney University vice-chancellor Barney Glover.
The project is slated for practical completion in the fourth quarter of 2021.
