Sydney-based development company Lateral Estate has submitted to Liverpool Council plans to demolish the existing metal factory and a neighbouring building which houses a towing business to build the residential buildings at 31-33 Shepherd St, Liverpool.
If approved, 341 residential apartments and 66 co-living dwellings over basement parking would be constructed with the addition of public access to open space next to the foreshore of the river.
The towers would be home to 39 studio, 106 one-bedroom, 169 two-bedroom and 27 three-bedroom apartments, as well as a 1579sq m rooftop terrace.
If approved, the proposal will see the redevelopment of the final riverfront site within the Shepherd Street Precinct.
However, the towers will exceed maximum height controls for the area — one by about 6.55m and the other by 7.53m, but documents submitted to council state despite the contravention it would facilitate more housing opportunities with improved amenity for residents and “contribute towards fulfilling the vision for Liverpool as Sydney’s ‘third CBD’.”
“It is worthy of noting that much of the height exceedance is taken up by common open space and amenity and equitable access to these,” SJB wrote in documents submitted to council.
“The site is set in a precinct that is currently undergoing transformation from an industrial area to a high-density residential area.
“The urban design improvements seek to achieve increased permeability, movement, and public activity at ground level throughout the site as well as between Shepherd St, Powerhouse Rd and the foreshore area.”