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Thursday, September 17, 2026
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HomeNewsPlanningUrban Property Group’s Parramatta BTR DA approved

Urban Property Group’s Parramatta BTR DA approved

The Build to Rent development is Urban’s first in Parramatta, and, once completed, it is anticipated the site will have an end value over $600m.

Sydney-based developer Urban Property Group’s State Significant Development Application (DA) for its new mixed-use development in Parramatta has been approved by the NSW Department of Planning, Housing, and Infrastructure.

The DA provides concept approval for the unique development, comprising a commercial and retail podium and dual tower arrangement accommodating a western residential Build to Rent tower, with a maximum height of 48-storeys and an eastern commercial office tower with a maximum height of 35-storeys.

The approval follows a detailed environmental assessment process and close collaboration with the NSW Department of Planning and Parramatta City Council, to refine the project through the assessment of the Concept DA.

The 48-storey Build to Rent offering at the western tower will include approximately 350 residential units in a mix of private market rental apartments and National Disability Insurance Scheme (NDIS) rental housing. Amenities will include a roof deck, rooftop pool, gym facilities, children’s play areas, games rooms, music and multi-purpose rooms, co-working space and a cinema.

Supporting the Build to Rent offering is a 33,164 sqm eastern tower for commercial office and retail use, which includes a vibrant ground floor retail offering to complement the neighbouring Westfield Shopping Centre.

The Concept DA also anticipates retail activation to both Argyle Street and Fitzwilliam Street frontages, and a pedestrian through-site link connecting the two. Strategically located on the doorstop of the Parramatta train station and immediately adjacent to Westfield, Urban’s Parramatta offers unparalleled interconnectivity, with a great live-work option for workers within the Parramatta CBD.

Additionally, it aligns with the upcoming residential, retail, and commercial offerings that Urban is planning in and around some of Sydney’s fastest growing hubs, with high-quality transport-orientated developments slated for Edmondson Park and Penrith, with Macquarie Park already underway.

Urban will be commencing a design competition for the scheme in collaboration with the NSW Government Architect in May, where they will be seeking innovative design entries that reflect the multi-functionality of the project.

The winning architect will be selected by a jury and appointed to deliver the detailed design of the project, to be reflected in a further State Significant Development Application to be submitted to the State Government for assessment in late 2024.

“We’re ecstatic to announce that our Concept DA for the Parramatta project has been officially approved, propelling us closer to our goal of crafting vibrant and sustainable urban communities. This site, lying dormant for over two decades, is ripe for transformation. We’re charged with enthusiasm to rejuvenate this neglected space, injecting life and vibrancy into the southern side of the Parramatta Train Station.

“This project isn’t just about construction; it’s about creating a pulsating heart where none existed before. Our ambition for Parramatta is to redefine what’s possible within the Build to Rent sector, seamlessly weaving together retail convenience and commercial spaces. This initiative supports Sydney’s dynamic expansion and fosters the creation of forward-thinking urban spaces.

“Through our dedicated Build to Rent division, Urban Places, we are not merely constructing residences; we are crafting vibrant, inclusive communities. Our commitment extends beyond mere access to ensure every Sydneysider benefits from living spaces that epitomise both quality and affordability, challenging the conventional wisdom that these attributes must be mutually exclusive.

“As we embark on the design competition phase, we look forward to collaborating with top architects and designers to bring our vision to life, setting new standards for urban living.”

Patrick Elias, Chief Executive Officer, Urban Property Group

As a family-owned business with over three decades of experience, Urban is a property company with a passion for market-leading design and a mission to provide more affordable housing options.

Nick Biring
Nick Biring
Nick is the Co-founder of BTR News Australia, BTR News and PBSA News and is a Property Expert, having spent many successful years in the property industry.

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