Developers have lodged a new plan for a mixed-use high-rise on the run down site of the old Sam’s Warehouse, abandoning an earlier proposal for a $38 million tower.
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A company called Wollongong Investments No 1 Pty Ltd, based in the St George area, has submitted an application to build a 13-storey block on the 9-15 Railway Parade site.
If approved, the building would have three levels of parking, three retail spaces and 122 apartments.
There would be 130 car spaces, for trucks and cars, as well as 56 bike parks.
Fronting Railway Parade and Rawson Street, the building would be close to Wollongong railway station, and a short walk to the main shopping centre.
The developers said the building would be designed in “a style in keeping with the intended vision of council for the area” and that it will “sit well and contribute in a positive manner to the quality and identity of the precinct”.
With a proposed capital investment value of $30.7 million, the development will be assessed by the Southern Joint Regional Planning Panel.
The previous $38 million tower was approved by the JRPP in March last year.
Slated to be 28-levels, the development was proposed by former lord mayor George Harrison's Emibarb Property Trust, with the plans including residential units, two levels of retail space and 123 parking spaces for residents, shoppers and visitors.
Sam’s Warehouse shut down in August 2014 when the chain's parent company, Discount Super Group, collapsed.
Since then, the site has since been operating as an all-day car park.