Residents in The Hills are being urged to think outside the “house and land” box and embrace new ways of living to stay in the community they love.

To help encourage a shift in thinking, Capital Bluestone hosted a “Life on the Lake” event on Wednesday 30^th November 2016 at its Esplanade display suite on Norwest Lake to highlight the lifestyle benefits of apartment living.

The Greater Sydney Commission’s Draft Central West District Plan, released last week, says The Hills will house an extra 125,350 people by 2036. In the Central West District, 53,500 more dwellings are needed by 2021.

Capital Bluestone Executive Chairman Steve Grant says this level of growth will need to be accommodated in diverse ways, not just through the traditional house and land package typical of The Hills region.

“For many people, the great Australian dream comes with a block of land and this is a great dream to aspire to,” he says. “However, a shift in thinking to view apartment living as a viable and attractive way to live can expose local residents to a completely new lifestyle in the community they love.”

“As we can see at Esplanade, an apartment lifestyle offers more than just a place to live. Resort-like facilities such as an outdoor cinema, putting green, pool and gymnasium are supported by a fine-dining precinct and a public boardwalk on the lake. We are creating a vertical village where people feel at home and are afforded a convenient lifestyle thanks to the amenities and restaurants at their doorstep.”

Mr Grant is no stranger to transformation in The Hills. He is considered a pioneer of the Norwest Business Park, having seen the potential for a vibrant employment centre on land once occupied by dairies and chicken farms.

“My experience in Norwest showed me that people just need to have a bit of faith in what the future can deliver,” he says. “Norwest is now one of the largest suburban business district in Sydney with close to 30,000 jobs situated here.

“The Hills has already seen a great deal of growth, with property values lifting in line with investment in infrastructure such as the M2 and M7. The opening of the Metro Northwest presents another huge opportunity for growth. What’s needed now is diverse housing options to support these jobs and cater for a growing population.”

Business and community leaders, commercial buyers and future residents of Esplanade and their friends and family attended the “Life on the Lake” event to share the vision behind apartment living on Norwest Lake.

“We understand that the idea of apartment living seems quite foreign to many people in The Hills,” Mr Grant said. “We thought it best to take away some of the mystery and show that fostering a sense of community is a real focus at Esplanade. By bringing our future residents and community leaders together for a social evening, we could celebrate the unique, low-maintenance and convenient way of living apartments bring to this area.”

Prices at Esplanade started from $525,000 for a one-bedroom unit while two-bedroom apartments with parking started from $725,000. A range of premium lakefront apartments have recently been released, and the penthouse collection will come onto the market in early next year.

Construction of Esplanade is expected to start in 2017.

For more information, call 1800 088 800 or visit the sales suite with a full-size two-bedroom display apartment at 11 Solent Circuit, Baulkham Hills, from noon to 3pm seven days a week.

ABOUT CAPITAL BLUESTONE

In October 2015, well-known Hills business Capital Corporation joined forces with Bluestone Property Solutions to become Capital Bluestone, the combined group delivering over $2.5 billion in total project completions and a current project pipeline of more than $2 billion.

Capital Corporation has delivered a $700m portfolio of 45 projects at Norwest, and accommodated the workspace needs of more than 1000 businesses since 1990. Since 2010, Capital’s collaborative approach has delivered a further $570 million in development partnerships.

Bluestone Property Solutions, founded by Ben Fairfax in 2009, has rapidly earned a market reputation for its approach to community-focused development, with its flagship $750m Sutherland Shire project Woolooware Bay Town Centre deep into construction and due to welcome its first residents by the end of the year. The project will deliver more than 600 apartments, a new shopping, dining and entertainment precinct and a rejuvenated new Club environment for joint venture partner the Cronulla Sutherland Leagues Club.

Woolooware Bay has already proven a market success story, with all 460 available apartments selling out since launching in January 2014 – 97 per cent to Sutherland Shire locals. Capital Bluestone has is also near sell-out on its 220-apartment development Veridian at Kogarah, to be delivered in partnership with Kogarah RSL.

Capital Bluestone is the development manager for Esplanade and has worked with the community, council and business owners within the area to ensure the project fits with existing buildings but also brings about a renewed energy and sets a new benchmark for future projects.

 

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For further information contact:

 

Holly Reynolds    Left Field Public Relations       0409 462 112         holly@leftfield.com.au

Alicia Sylvester    Left Field Public Relations      0450 250 061          alicia@leftfield.com.au