$1B Revitalization of Eastlakes Local Town Centre to include 500 apartments and new shopping and restaurant precinct
(Sydney, Australia) Tuesday January 23, 2018 – Crown Group, the award-winning developer of distinctive residential and commercial properties across Australia, is redefining today’s urban lifestyle with the development of Eastlakes Live, a modern village drawing on the success of Crown Group’s award-winning Top Ryde City Living development. Adjoining Sydney’s Eastlakes Reserve and featuring more than 500 high-end apartments and a new Town Centre, the $1 Billion-project will regenerate the neighborhood and create a vibrant new urban hub.
Eastlakes Live is Crown Group’s urban revitalization of the Eastlakes Local Town Centre. Designed by FJMT, Eastlakes Live will provide more than 500 apartments ranging from studios to penthouses across several buildings designed by maximize stunning views over the Eastlakes Golf Course and Sydney CBD. The property enjoys an ideal location just 10 kilometres from Sydney’s CBD and only three kilometres from the University of South Wales, Sydney Airport and Green Square.
The residences will be situated atop the Eastlakes Town Centre, a new restaurant and retail precinct offering residents and neighbors a diverse range of spaces and experiences for interaction or escape. The new Town Centre will be designed as a modern urban sanctuary that sets a benchmark for retail excellence with major supermarkets, fresh food offerings, a restaurant promenade, street cafes, and a medical centre as well as densely landscaped gardens.
“With Top Ryde City Living, we designed an urban resort with access to luxury amenities, fantastic views and a great, central location,” said Crown Group Chairman and Group CEO, Iwan Sunito.
“Eastlakes Live takes that award-winning model, and builds upon it. In addition to the residential component, Crown Group is also creating a comprehensive Town Centre to be a vibrant anchor for the community, complete with supermarkets and a shopping and dining neighbourhood.”
Crown Group is at the forefront of creating dynamic urban areas with residential projects throughout Sydney. One of Crown Group’s most notable projects – and the one most closely similar to the Eastlakes Live project – is Top Ryde City Living, is a perfectly integrated seven-tower 653-apartment complex that features generous common facilities. The resort-style development is situated right atop the Top Ryde Shopping Centre with views to the Sydney Harbour Bridge, Blue Mountains and North Shore. Renowned for its top-rate alfresco areas, Top Ryde City Living features a 25m infinity pool, extensive landscaped gardens, water features, a children’s playground and barbecue zones set amidst nearly 6,000sqm of outdoor space.
Top Ryde City Living is attractive to a wide variety of buyers, like octogenarian couple William and Gloria Wallace looking to downsize. “For more than 30 years, we lived in a house surrounded by bush, and I wasn’t sure whether I would like living in an apartment. But it’s fantastic. We get plenty of sunshine and lovely breezes through our beautiful modern apartment with large balconies and great views,” said Gloria.
“Everything is easier here, even the simple things,” added William. “It feels like we’re living in a permanent holiday house.”
Local mother Allison Mifsud and her son Cooper jumped at the chance to purchase an apartment at Top Ryde City Living which is perfectly located near Cooper’s school and Allison’s job in Epping. “We just love it and the convenient access to the shops, restaurants and movies. Here we have the garden and all the facilities. It’s better than having a backyard!”
Top Ryde City Living has received a number of awards including the Urban Development Institute of Australia (UDIA) NSW President’s award 2014, considered one of the highest property development accolades in Australia. Top Ryde City Living was also named Australia’s Best High Density Development at the UDIA Awards for Excellence in 2014, and an MBA Excellence in Housing award in 2013.
The first image of Eastlakes Live will be released in February. The full design details of the project will be revealed during a VIP unveiling event in May, before sales begin in June.
Eastlakes Live will be built and sold in phases, with the first 134 apartments going to market in June 2018. The remaining 400 apartments will be released in 2019.
The first stage will be completed in 2019.
To receive updates on the project and sales launch information prospective buyers can register their interest at crowngroup.com.au/eastlakes.
Crown Group Chairman and Group CEO Iwan Sunito is available for a limited number of interviews on request.
Images and video are available upon request including artist impressions, launch videos and computer- animated ‘fly-through’ footage of selected Crown Group developments.
Kate Prideaux, General Manager of Communications & Public Relations
(02) 9925 0088 or 0401 863 436
Lina Guo, Communications Executive
(02) 9925 0088 or 0429 459 510
About Crown Group
Crown Group Holdings (Crown Group) is a leading Australian property group specialising in property development, property investment and serviced apartments.
The company was co-founded by architect Mr. Iwan Sunito and engineer Mr. Paul Sathio with its first project in 1996.
Iwan Sunito graduated with Bachelor of Architecture (Hons) and Master of Construction Management from University of NSW. In 1993 Iwan became a Registered Architect in NSW and was awarded the UNSW Eric Daniels award for excellence in residential design.
In recent years Iwan received a number of awards including Indonesia’s Property & Bank Magazine Golden Leadership Award 2013, the 2013 Congress of Indonesian Diaspora Entrepreneur award and named a winner in the 2013 Ernst & Young Entrepreneur of the Year Awards. Iwan Sunito was also named Urban Taskforce Australia’s 2015 Property Person of the Year.
Paul Sathio graduated with a Bachelor degree in Civil Engineering from University of Technology Sydney (UTS) and a Masters of Engineering Science from University of NSW. Paul has more than two decades’ experience in the construction and development industry.
Past and recent projects
Since the company was founded in 1996, Crown Group has successfully completed major developments in Sydney’s best locations including Bondi, Bondi Junction, Parramatta, Ashfield, Epping, Homebush, Newington, Pennant Hills and Rhodes and most recently Skye by Crown Group in North Sydney. Today, Crown Group boasts a large portfolio of projects under development and in the pipeline and is currently developing three major projects; Infinity by Crown Group in Green Square, Arc by Crown Group in the heart of Sydney and Waterfall by Crown Group in Waterloo.
Crown Group has been awarded more than 20 high-profile industry awards including the 2016 International Property Awards Best Residential High Rise Architecture Australia for V by Crown Group Parramatta, 2015 Master Builders Australia (MBA) NSW Excellence in Construction Awards for Viking by Crown Group Waterloo and 2014 Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for the seven-tower, resort-style development Top Ryde City Living.
Top Ryde City Living was also named best High-Density Development in Australia at the UDIA awards for excellence 2014 and a Master Builders Association Excellence in Housing award 2013. Crown Group’s innovative, waterfront development Sanctum by Crown was awarded a Master Builders Association Excellence in Housing award 2012 and its hugely-successful ICON at Homebush was awarded HIA’s (Housing Industry Association) CSR Housing Awards 2007 Apartment Project of the Year.
Skye Hotel Suites
Crown Group launched its first Skye Hotel Suites in Parramatta in August 2017 with a second hotel to open in Sydney CBD in mid-2018.
Crown Group will launch new projects in Sydney’s Eastern Suburbs and Melbourne in 2018.
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