What’s happening

Homes NSW and Frasers Property Australia have agreed to dissolve their partnership for the Telopea Urban Renewal Project.

The parties have been working closely together to progress the concept plan for the renewal area as well as the State Significant Development Application for the first stage.

Dissolving the partnership presents an opportunity for Homes NSW to move ahead with the renewal and deliver more and better social and affordable housing throughout the precinct over time.

Homes NSW acknowledges the work Frasers Property Australia has done as part of our agreement to work together to attain concept approval for this major project.  This work will now be taken forward and built-upon as the renewal continues.

Homes NSW is committed to the renewal of Telopea as an integrated community with a mix of modern housing, community amenities, and green spaces.

Homes NSW is exploring opportunities to accelerate the delivery of new social and affordable homes and to progress the first stage of development following planning approval. Works have commenced to refurbish the vacant Wade Street Towers, with completion expected at the end of 2025. Once complete, the Wade Street Towers will provide around 240 residents with a safe place to call  home.

Homes NSW will work closely with stakeholders and the local community as new plans are progressed for the broader area.

If you- have any questions, please contact the Community Engagement team at Homes NSW on 1800 738 718 (voicemail) or email communityengagement@homes.nsw.gov.au