Architecture and interior design firm SJB and design partner Architect Prineas are one step closer to realising their plans for Penway Place, a significant development in Penrith City, with the project recently receiving development approval.
As the first stage of a larger development by TOGA, the developer behind projects such as Sydney’s Jones Bay Wharf rejuvenation, the Darwin Waterfront Precinct and the Adelaide Treasury building, the project comprises two residential buildings rising above a three-level podium with ground level retail and three-storeys of car parking.
The $63.5 million residential towers will be made up of 63 one-bedroom, 103 two-bedroom and 21 three-bedroom units with a total ground floor area of 17,785sqm.
SJB and Architect Prineas were awarded the contract to design the complex on the strength of their submission to a competition last year, with TOGA CEO Fabrizio Perilli saying their design most closely aligned to the developer’s vision for the project.
Penway Place will offer a range of engaging spaces for residents, including a private landscaped podium with BBQ and seating areas, a community garden, gym, multi-purpose/ kids’ playroom and an outdoor dog park.
It will also feature a mix of one, two and three-bedroom apartments, with a number of them enjoying views to the Nepean River and neighbouring Blue Mountains.
SJB director Nick Hatzi says Penway Place’s prime location within the Penrith community means the practice was able to design a new landmark for Penrith City, with open, lively and connected spaces for everyone to enjoy.
“The design reflects the rich aesthetic of the Nepean River and picturesque landscape of the Blue Mountains with a palette of beautifully textured materials layered throughout the development.”
Penway Place is located on the corner of Union Place and High Street, marking the new gateway to Penrith CBD. The development will offer a range of lifestyle features including a public plaza and retail precinct for residents and the wider community.
Construction on Penway Place is set to commence in mid-late 2020, with completion estimated for early 2022.