Project facts
Project area
c.10ha
Location
Kirkbride Way, Lilyfield, NSW 2040
Local government area
Inner West Council
Delivery timing
- 2020 EOI process
- 2021 RFP process
- 2021 lease execution, fit-out and final works
Our role
Property & Development NSW (PDNSW) is undertaking the due diligence, lease negotiation and transaction management processes to secure a new tenant for the Kirkbride precinct at Callan Park, Lilyfield, following the University of Sydney’s early vacation of a 99-year lease in May 2020.
Current status
PDNSW launched an Expressions of Interest (EOI) campaign for a new tenant in June 2020. This first stage of a two-stage tender process ended in September 2020.
Subject to sufficient market interest, the process will progress to a secondstage, formal Request for Proposal (RFP) in 2021.
What is proposed?
The adaptive reuse of the Kirkbride precinct could feature a range of public and/or private sector uses in line with the Callan Park (Special Provisions) Act 2002. Uses are restricted to health, education or community facilities.
Project objectives
The objective is to secure an adaptive reuse of the Kirkbride precinct that will activate, energise and celebrate its heritage values and provide a sustainable source of income to support its operation and maintenance.
Non-financial benefits
- Alignment with the Callan Park Act
- Activates the precinct
- Ensures the preservation of the heritage precinct and public open space
Financial benefits
Funding to support the operation and maintenance of the statesignificant heritage buildings in the precinct
Working together
- PDNSW is working collaboratively with
- NSW Health
- Place Design and Public Spaces
- Relevant stakeholders