Leading Australian developer TOGA Group has received approval for its development of the Surry Hills Shopping Centre site, which will be reborn as Surry Hills Village.
Fabrizio Perilli describes the Surry Hills Village project as a “city changing project”.
“This is a rare opportunity. Surry Hills is famous nationally and internationally and we are really excited to be able to revitalize the area with a development which will bring a modern perspective commercially and aesthetically, and also make a contribution to the community,” he says.
The Surry Hills Village project on the corner of Cleveland and Baptist Streets combines high end residences with extensive retail and commercial premises and outdoor space. The residential component comprises one, two and three bedroom apartments in addition to luxury penthouses and terraces. Around 12,000 square metres of the development will be for retail and commercial spaces and there will also be densely landscaped green areas and a new 517 square metre public park.
“As one of the most celebrated areas in Sydney, Surry Hills Village is surrounded by a melting pot of the city’s finest restaurants, bars, art music and culture,” says Fabrizio Perilli.
“The precinct we are creating pays homage to this great community’s significant history while helping shape its next chapter. We’re very proud to be leading the revitalisation of this iconic site.”
TOGA will retain ownership of much of the development after the construction, meaning the company will be a long term stakeholder and participant in the Surry Hills Community. The company has a long history in the area, having redeveloped the former Crown Street Women’s Hospital into the Adina Apartment Hotel in 1994.
Fabrizio Perilli said he believed that a vast majority of people in Surry Hills wanted to see the shopping centre site updated and developed for the 21st century, and his company was “passionate about the area and honoured to be involved.”
Construction will begin in the second half of 2020 and the development is set to open from late 2023.
TOGA is currently taking expressions of interest from purchasers, and the display suite is open for bookings by appointment. Interest can be registered at: www.surryhillsvillage.com.au
