Coronation Property Managing Director Joseph Nahas said the company is working on various important projects in Liverpool including a mixed-use apartment. The Australian development firm is working on converting an original heritage-listed warehouse into a premier food, beverage, and retail precinct in Liverpool. The Paper Mill, which the project is known for, will provide the area with a new way of living the urban life while having a home on the bank of the Georges River. The mixed-use development will have 1,045 apartments divided across different modern buildings. They will become the home of many diverse families in Liverpool. In addition, the retail precinct is facing Shephard Street and is covers an area of 1,400 square meters.
The warehouse will be transformed yet the special features of this 19th century structure while adding a touch of modern twist into it. The heritage building which has a saw tooth roof that was originally built in 1914. The building was an extension to the Challenge Woollen Mills, which produced blankets after the closure of the Paper Mill in 1910. Once Coronation Property’s project is finished, it will become an open-plan space that comes with an open ceiling and exposed concrete flooring. The building’s surrounding areas will also be filled with alfresco dining places and a community garden that features bike racks. The design presented by Coronation Property for this structure focused in attracting fine food and beverage retailers and other service providers. It will be open to regular retail firms and other companies that offer experimental activities like yoga and pilates.
Coronation Property wants its project to have a similar vibe to the one exhibited by the inner-west’s Balmain or the new Harold Park.It will also have offerings that are evident in Surry Hills and Erskineville. In addition, the project will provide The Paper Mill community with a link between the indoor and outdoor lifestyle. Once The Paper Mill is fully occupied after it opens by October 2017, the retail precinct will have a large base of potential client, which is around 3,000 residents.
Meanwhile, the Australian development company selected a renowned media personality and international horticulturalist and landscape designer Jamie Durie to come up with the design for they important elements of the landscape masterplan. Durie’s tasks include designing a children’s playground, relandscaping the Light Horse Park on the north, and the Mill Park to the south of the boardwalk. Other big hits in the sector are also working on the project and that includes SJB and Woods Bagot. The Liverpool City Council also has a task and that is to design a shared pathway that will give the public access to various waterside activities in the future. Coronation Property also took the task to revitalize the banks of the Georges River, the area where The Phillip Mills sits. Coronation Property wants to give back to the Liverpool community and the future residents of its mixed-use apartment by protecting this natural asset.
Apart from creating a stunning apartment building for the diverse families of Liverpool, Coronation Property also wants Liverpool to become a true “river city.” The landscaping project costs $6.5 million and the company will handle all of its expenses. It basically means that the local or state government does not need to pay a cent for this development. All the company knows is that it is extremely proud to be taking the initiative to revive the Georges River and make it look stunning. Not only will it benefit the local community but it will also make Liverpool an attractive destination for tourists.