TOPLACE Ventures into MASCOT

APPARENTLY TOPLACE Developer, Jean Nassif has not been touched by the ‘High-rise construction collapses across Australia’?

Read more: https://www.macrobusiness.com.au/2020/04/high-rise-construction-collapses-across-australia/?fbclid=IwAR0KF6WPi0qhNgzZauhW8dHZQjbbEtbaS1wBaJfFZss145C6l4Lr1A39tVA

… because Jean Nassif is all set to develop a $111M Mascot Project

Renee McKeown writes in The Urban Developer ‘Toplace to Develop $111m Mascot Project‘ following others like Harry Triguboff’s  Meriton … with a number of developments in Mascot, the trouble plagued ‘Mascot Towers’, and Aland the developer of neighbouring ‘Peak Towers’ .

Looks like this project is focussed on ‘real estate tours’ with 96 hotel rooms, 444 serviced apartments, a restaurant, with commercial tenancies and basement parking at 146-154A O’Riordan Street.

The Toplace project has received a ‘deferred commencement’ from the Sydney East City Planning Panel for ‘six months to gain a neighbour’s approval to carry out stormwater work at the property on 63-273 King Street occupied by catering company Avia Flight Services.’

Bearing in mind that the Owners of ‘Mascot Towers’ in October 2019 raised the issue that ‘tests have revealed a loss of soil from the areas next to the neighbouring Peak Towers building owned by development company Aland.’

-that is where the Mascot cracking and structural problems first appeared

IS MASCOT BEING OVERDEVELOPED?

READ MORE!

https://theurbandeveloper.com/articles/toplace-to-build-111-million-mascot-development

SEARCH CAAN WEBSITE for more reports on Jean Nassif, Cherrybrook, Ralan Group and more!

CAAN WEBSITE:

https://caanhousinginequalitywithaussieslockedout.wordpress.com/

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Photo: The Urban Developer