Fridcorp has topped out two of the four buildings at its $700 million BEYOND mixed-use precinct at Hurstville in Sydney’s south.
One of the most significant projects currently under development in Sydney, BEYOND will be home to around 1,000 residents when fully complete and will add a vibrant 5,000-square-metre retail precinct to the burgeoning suburb.
Construction of the four-tower development continued during the COVID-19 pandemic, despite a reduction in the number of workers on-site, creating over 700 jobs throughout the three-year construction program.
Fridcorp Director and Founder, Paul Fridman said the 13,927-square-metre site that sat dormant for more than a decade will be transformed into a vibrant precinct with 563 sophisticated residences and extraordinary amenity to the area.
“We are extremely proud to be delivering a project of this quality with inspired amenity not previously seen in Hurstville,” he said.
“We have successfully launched two of three stages with over 80 per cent in pre-sales achieved, demonstrating strong demand from discerning owner-occupiers for high-quality living options. We look forward to welcoming the residents of the first two towers in September this year.”
Mr Fridman shared that since purchasing the site in 2016, they have seen the evolution and maturity of the suburb and expect demand for housing in Hurstville to exceed supply over the next five years.
“The success of BEYOND combined with the expected capital growth and the lack of supply in the area gives us confidence that Hurstville apartments will continue to be an attractive investment so Fridcorp will retain ownership of the final tower consisting of 179 apartments,” he said.
In February 2020, Fridcorp acquired the remaining 50 per cent of the BEYOND development from its previous partners and engaged Piety Group, which has a financial interest in the project, as its construction team.
“BEYOND is an important part of the Hurstville Place Strategy, helping the area to achieve its full potential. Along with Westfield Hurstville and the recently completed nearby office tower, the new BEYOND retail precinct will help create a future mini-metropolis in Sydney’s south. We’re finalising our retail mix and expect a carefully selected group of cafés and speciality shops to join Woolworths when it opens in late 2021, creating more than 200 retail job opportunities,” he said.
“BEYOND will enhance the area with its quality retail offering, as well as establishing pedestrian access to Allawah Train Station through the neighbouring Kempt Field Park upgrade. This will contribute to creating a walkable Hurstville centre with a focus on green, open spaces which is key to community building.”
Designed by DKO Architecture and Woods Bagot, BEYOND will feature four sculpted towers varying from eight to 20 levels high and comprising 563 one, two and three-bedroom apartments.
The towers will be positioned around a vibrant 5,000-square-metre retail precinct anchored by Woolworths and connected to the neighbouring newly upgraded Kempt Field Park.
The development will also supply 800 car parks, including 200 car parks available for visitors and retail use, as well as bike storage.
The exceptional amenity, designed in collaboration with DKO Architecture and 360 Degrees Landscape, will promote social, emotional and physical wellbeing.
From the luxurious lobby bar and lounge to the inspiring shared outdoor spaces throughout, residents can socialise or seek solitude and relaxation.
An extensive 3,500-square-metre raised podium will feature indoor and outdoor amenity spaces including a Tai Chi and meditation deck, fitness and yoga studio with a sauna and outdoor yoga deck, games room, private dining room and outdoor dining pods, including teppanyaki BBQs.
The landscaped area comprises a community garden with garden plots, as well as a multi-purpose sports court, communal lawn and richly planted gardens.
The Stage One residents (171 apartments across two towers) are expected to settle in September 2021.
The retail precinct, including Woolworths, is anticipated to open in late 2021 while the remaining Stage Two tower is expected to settle in mid-2022 (213 apartments) and Stage Three in late-2022 (179 apartments).