Harry Triguboff, Lucy Turnbull, Chris Johnson about High-Rise Towers in Chatswood


Harry Triguboff to retain Meriton’s Centrium towers in Chatswood

Harry Triguboff to retain Meriton's Centrium towers in Chatswood

Meriton’s two-tower project Centrium in the business district of Chatswood was launched by Lucy Turnbull, on Thursday evening shortly after it was advised that she will head the new organisation charged with overseeing planning and development across Sydney, the chair of the Greater Sydney Commission.

Centrium will have one tower as serviced apartments and the other as long-term rental accommodation, according to Meriton Group CEO Harry Triguboff.

He said Meriton was giving the Chatswood business district much-needed rental options.

It is now is one of the North Shore’s major commercial, retail and residential districts. Some of Sydney’s best shopping, dining and transport facilities can be found in Chatswood.

“If we see a gap in the market, we fill it accordingly,” Triguboff said.

“If we see that there is a great need for long term rental accommodation we retain the building to help boost the depleted rental market.”

Chatswood was named after Charlotte Harnett, wife of the then mayor of Willoughby, Richard Harnett. Her nickname was ‘Chattie’ and wood came from the original wooded nature of the area. It was Chattie’s Wood and the date it actually changed to Chatswood is not precisely unknown.

The announcement that former Sydney Lord Mayor Lucy Turnbull will head up the Greater Sydney Commission was good for Sydney but there are major challenges ahead, says the Urban Taskforce CEO Chris Johnson.

“Her background as Lord Mayor of Sydney and her interest in metropolitan wide planning auger well for ensuring the commission acts with big picture thinking,” he said.

SOURCE: https://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/48947-harry-triguboff-to-retain-meriton-s-centrium-towers-in-chatswood.html