Westfield Hornsby on Sydney’s upper north shore could become home to as much as $1.5 billion worth of new apartments, or more than 2000 units, courtesy of the state government’s push to fast-track housing development.
The big boost at Hornsby, along with six other areas earmarked for rezoning across the city, provides a clear template for how vital higher-density housing can be made possible, according to Elliott Rusanow, chief executive of Scentre Group which owns and operates Westfield malls.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
