First look: Developer CPDM doubles down on Sydney's Lower North Shore
Developer CPDM is continuing to put its stamp on Sydney's Lower North Shore.
Just a few months after seeking to develop 25 apartments in Neutral Bay, CPDM is now looking to deliver something similar in the neighbouring suburb of Cremorne.
They have gone through the NSW Government's Housing Delivery Authority to file a State Significant Development Application for 32 apartments across an eight-storey building at 57–61 Reynolds Street.
Like the majority of development applications being submitted in recent months, CPDM is looking to trigger the affordable housing uplift under the State Environmental Planning Policy (Housing) 2021 guidelines.
PBD Architects, who have worked on the project since its inception. They noted in their design statement that the Reynolds Street frontage more closely resembles the scale of multi-residential buildings in the area, while Gerard Lane has a smaller scale to match the presentation of the existing buildings on that lane.
The majority of the 32 apartments will be three-bedrooms (27), with the remaining five two-bedroom units.
The building will include two rooftop communal spaces and two basement levels with 51 car parking spaces allocated for residents, visitors, motorcycles, and bicycles.
PBD noted that the project’s “density is thoughtfully planned to be sustainable, capitalising on existing and future infrastructure, access to public transport, the site’s cultural and community value, and its environmental attributes”.
CPDM has been steadily growing its development footprint across Sydney’s North Shore, with previous and current projects in Lindfield, Gordon, and Neutral Bay. Their recent application in Neutral Bay, also designed by PBD Architects, similarly leveraged the Housing SEPP bonus provisions to deliver a mid-rise apartment building with affordable housing units.
