Lendlease and Revelop have announced the Development Application approval for the circa $50 million Calderwood Village, Illawarra NSW.
The Village Centre, located in Lendlease’s $380 million masterplanned community in the Illawarra, is expected to be completed in mid-2024.
Charbel Hazzouri, Founder and Managing Director, Revelop says the company is proud to have accomplished this key milestone in the projects delivery.
“It is with great pride we will embark on the next stage of the Calderwood Village in early 2023 and bring this local landmark to life. Located amongst amazing parklands, roadways and cycle ways, Calderwood Village provides optimal convenience,” Hazzouri adds.
The new Centre will include a childcare centre, large format medical and allied health facility, gym and 800 square metre swim school.
It will also include a 7,500 square metre neighbourhood shopping centre, which is already 90 per cent pre-committed, with Woolworths and BWS as the anchors. The shopping centre will offer an al fresco food and dining precinct with more than 20 specialty retailers.
Ranisha Clarke, Chief Operating Officer Communities, Lendlease says their vision for Calderwood Valley is to create a real community spirit.
“Having the convenience of everything you need right at your doorstep is key to the success of this development, and the delivery of the new Village Centre is a critical piece of infrastructure that will welcome highly-anticipated shops, restaurants and amenities, and add genuine value to the lives of residents,” says Clarke.
Calderwood Village will sit on the corner of Escarpment Drive and Connection Road, directly opposite the community’s newly opened $20 million Plough & Ale Inn, a 4,000 square metre tavern owned and operated by Laundy Hotels Group. The new venue includes a modern bar, bistro and restaurant with outdoor dining areas opposite District Park, overlooking the lake.
The 18,500 square metre Village Centre site will also include over 280 parking spaces with EV charging stations.
Construction is expected to commence early 2023.
Chris Homer, Mayor of Shellharbour City says the announcement of the projects start of construction next year is wonderful news to nearby residents.
“Not only does it mean that families will have significantly more services and facilities located close to their homes, it also means jobs for people of all ages, which is fantastic for our local economy,” says Homer.
“I am particularly pleased with the plan to include health and medical services and hundreds of parking spaces with electric vehicle charging stations, which aligns with Shellharbour City Council’s ongoing work to be part of the climate change solution.”