One Global Capital, the new development company of Iwan Sunito, has commissioned world-renowned Japanese architect Kengo Kuma and local Sydney architects Crone to design its first residential and five-star hotel development, a $500 million multi-tower project in Macquarie Park.
The developer has appointed Kengo Kuma, in collaboration with Crone Architects, to design the residential, retail, and resort components, including an affordable housing component.
This move aims to bring world-class design to one of the city’s most sought-after and much-needed accommodation types.
The One Global Capital Macquarie Park project initially received development approval in November 2023.
With the new design team on board, the developer will submit changes to the design under Section 4.55, with several elements of the project to be redesigned.
The 7,000 sqm site is bordered by three streets: Herring Road, Windsor Drive, and Lachlan Avenue.
It offers a unique proposition due to its direct connectivity to Macquarie Park Metro Station, Macquarie University, and Macquarie Shopping Centre.
The project is envisaged to include three towers.
The first two towers will contain 304 apartments and a 175-room premium boutique hotel, complemented by ground-floor specialist high-end retail.
The third tower will be an affordable housing building.
The apartments are set to be larger in size, and the hotel will offer 5-star resort-style amenities.
The design is envisaged to incorporate an integrated ground floor concierge reception for both the residences and the hotel, along with a shared gym, pool, and premium communal facilities, as well as allowing residents access to hotel services.
One Global Capital Chairman and Group CEO Iwan Sunito highlighted the unique appeal of Macquarie Park, stating: “Macquarie Park is a unique suburb of Sydney in that it affords an abundance of amenities.
“It offers excellent transport links with both rail and bus services, access to Macquarie Park Hospital, Macquarie University, and the Macquarie Shopping Centre, one of Sydney’s largest shopping centres. It’s referred to as the ‘golden triangle of property investment’.”
The site benefits from close proximity to Macquarie Centre shopping centre, Macquarie University, and two Sydney Metro Stations at Macquarie University and Macquarie Park, providing direct access to the surrounding CBDs.
