Mulpha commits to $3B ‘smart city’ including Aveo
Aveo is currently building a 10 story retirement village there which will be Australia’s tallest engineered timber building. Read about it HERE
25 years ago Malaysian listed Mulpha commenced building the Norwest Business Park 40 km north-west of Sydney CBD. Made up of 377 hectares, executive homes nestled amongst medium rise offices can now sell for $2M+. This week, in conjunction with the Greatest Sydney Commission’s ‘Three Cities Master Plan’ announcement, Mulpha introduced its $3B redevelopment of Norwest as a Silicon Valley style satellite. They expect the population to grow from 6,000 to 20,000 residents, including a retirement precinct. Healthy living and aged in place technology will be a focus. Aveo is currently building a 10 story retirement village there which will be Australia’s tallest engineered timber building. Read about it HERE.
