Issue 62 of Wyong Regional Chronicle

Page 1

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January 30, 2015

Your independent community newspaper - Ph: 4325 7369

Issue 62

$300 million development planned for Lakeside Shopping Centre A

$300 million Development Application for the redevelopment of Lakeside Shopping Centre, The Entrance, is currently being examined. The site has been nominated by Wyong Council as an Iconic Development Site and is located on the corner of The Entrance Rd and Dening St. The redevelopment comprises three main components; a new retail centre, residential tower and hotel/residential tower. The ďŹ rst of the three stages would see the development of the retail component, including a new supermarket and specialty retail. The proposed new Coles shopping centre is more than double the size of the existing Coles supermarket. Stage two would incorporate the demolition of the existing centre and the development of the remainder of specialty retail, along with parking. The majority of parking would be provided across two basement levels with an increase from the current 190 spaces to 1,357. Stage three would see the construction of the two towers. The two towers would overlook Dening St with the principal tower to contain around 250 residential apartments over 25 levels while the

An artist’s impression of the Lakeside Shopping Centre redevelopment

second tower would accommodate a further 110 residential apartments over 11 levels and a 100 room hotel located in the lower six levels. An Oasis level is proposed to be lofted

above the podium which would provide outdoor space and amenities for the enjoyment of residents and visitors. Thirty-six apartments would also be located over three levels above the

podium with frontage to The Entrance Rd. Also to be included in the redevelopment would be the creation of a Piazza public space at the northern end of the site facing Dening St and a Bus

Hub on The Entrance Rd. It is proposed that the Piazza includes spaces for people to socialize, sit informally, green spaces and plinths for temporary artworks and performance, among other things.

The Bus Hub is proposed to provide activities, games and spaces for play to make waiting for the bus enjoyable. Public art is proposed for these locations which will be detailed in subsequent development applications for relevant stages. The development is expected to generate 660 new full time jobs; 80 in the supermarket, 400 in the additional specialty retail, 125 in the hotel/ restaurant, 15 convention/ function roles and 40 in the residential sector. According to the application, the proposed redevelopment is expected to be a major catalyst for economic expansion at The Entrance Town Centre with job creation, improvement of convenience shopping for current and future residents, signiďŹ cant improvements to the public domain and addition of truly iconic building elements to the town centre. The development would have minimal environmental impacts and positive social and economic impacts. The original Lakeside Shopping Centre was constructed in the 1970s and has been owned by the Dunnet Group for almost 30 years. Over the last two decades, additional adjoining sites have been acquired to create the redevelopment site.

Office: 120c Erina Street, Gosford Phone: 4325 7369 Fax: 4321 0940 Mail: PO Box 1056, Gosford 2250 E-mail: editorial@centralcoastnews.net Website: www.centralcoastnews.net

DA1080/2014, 25 Nov 2014


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