The redevelopment of Thirroul Plaza into a stylish residential/retail complex is an opportunity to maximise the vitality of the town's commercial centre on land currently in use.
Its position in the heart of the community offers unique advantages for both new residents and retailers as well as the existing commercial neighbourhood.
Set to generate $70 million in direct and indirect economic activity, the stylish complex incorporates 82 apartments, upgraded and enlarged supermarket, 13 retail or commercial shops, off-street parking and open space for public use during daylight hours.
Architecturally designed to work within the town's existing structures and heights, the new Thirroul Plaza concept has been planned to provide beautifully crafted homes offset with retail and commercial spaces catering for the needs of the beachside community.
To keep it compatible with the existing and desired future character of the centre, the proposed density and building heights have been benchmarked against existing structures and heights. The planned complex is set below the LEP height plane while the acoustic rating on external windows caters for noise levels above the restrictions imposed on nearby entertainment venues.
Thirroul Plaza spokesperson Emma Foster said redeveloping a current central site has benefits for everyone.
"This is an area where a little forethought can provide plenty of benefits to the community around it," she said. "Revitalising Thirroul Plaza will not only beautify the centre of the town but will provide economic value to the northern suburbs. Its location encourages walking and cycling for short journeys and public transport options for longer trips.
"The landscaped central courtyard will be open to everyone in the community to enjoy during the day. The ultimate aim of the project design is to ensure Thirroul remains lively and modern for future generations."
Thirroul Plaza will feature one, two and three-bedroom apartments. Requests for more information on the apartments from prospective buyers has given the owners confidence that there is a strong demand for the lifestyle this development offers.
It is anticipated the development will support 2000 construction jobs during the life of the project and 100 permanent jobs through the completed retail component.