Randwick is about to transform, with the former Inglis Newmarket racing stables and sales yard about to receive a significant makeover. Earlier this week, the sod-turning ceremony for this billion dollar project, saw the who’s who of Sydney's upmarket residential construction industry in attendance.
For over 100 years, the site was owned and operated as a thoroughbred auction house by the Inglis family. In 2015, it was purchased by Cbus Property to establish the Newmarket Randwick project, a truly unique development that will bring to life this treasured part of Sydney’s heritage.
Donald Cant Watts Corke continues to cement its status as the experts in handling the most complex projects in Australia’s built environment; working alongside Cbus Property and Ganellen, amongst other leading firms.
Appointed Project Managers in 2017, our Sydney-based Quantity Surveying team has been providing full Quantity Surveying services on the project since 2016.
“With both arms of our NSW team being engaged in Newmarket Randwick, we are delighted to be fully entrenched in this exciting new development,” said Mr Paul Tomsic, NSW Director.
“With a proven track record, combined with a highly competent and experienced team, our leadership in the residential NSW market is second to none.”
Partnering with Cbus Property, it is anticipated that Newmarket Randwick will be one of the largest residential projects in Sydney’s East. Plans for this five-hectare site include over 610 apartments and 30 terraces, over 2,300 square metres of retail space, new roads and infrastructure, and a 5,000 square metre public park.
Combined with the aim of providing outstanding residential facilities and amenities, which will benefit the entire Randwick, University of New South Wales, Royal Women’s and Prince of Wales Hospitals and neighbouring communities, this project will also celebrate the site’s special past, such as the retention of Newmarket House, Big Stable, Sales Ring and 100 year old fig trees.
“Cbus Property has once again entrusted us with a project of such complexity and calibre; and Donald Cant Watts Corke is delighted to be the ‘safe pair of hands’ a development of this size requires,” added NSW Director, Paul Tomsic.
Architectural practices including Bates Smart, Smart Design Studio, SJB, Neeson Murcutt and Arcadia are also pivotal in ensuring the success of this project.
On-site building work commenced earlier this month. It is anticipated the development will be scheduled across three stages, with a completion date of mid-2020.
Pictured above: Sod turning ceremony, March 2018