Deicorp wins tender for Westmead campus
Western Sydney University is pleased to announce that Deicorp has won the tender for the sale and future development of the residential component of the University's Westmead campus.
The University's Board of Trustees has approved the sale of Lots 4 and 5 of the Westmead site to Deicorp – a development and construction company with over sixteen years' experience in delivering residential and retail projects.
The University intends to transform the four-hectare site into a mixed-use development that will include education, commercial, retail, residential and community spaces, and will complement and enhance the overall character of the broader Westmead precinct.
Earlier this year, the University sought proposals for the sale of the residential lots and future redevelopment of the rest of the site through an Expression of Interest (EOI).
The market response to the EOI was overwhelmingly positive, with a broad range of submissions received. Overall, the proposals received broadly confirm the planned development strategy endorsed by the University earlier in the year.
Vice-Chancellor Professor Barney Glover says the University is pleased to be partnering with Deicorp to realise the University's vision for Westmead. He says the University will maintain a strong presence at Westmead, and will retain ownership of the majority of the site.
"The Westmead campus – along with the existing campus at Rydalmere and the high-rise campus for the Parramatta CBD which is currently under construction – is integral to Western Sydney University's campus network," says Professor Glover.
"Westmead is particularly important as it has the potential to become a gateway to the Westmead Health and Medical Research Precinct," says Professor Glover.
"The revitalisation of the site will be of major benefit to the broader Westmead Precinct and the local community, and will support its role as a critical hub for health and medical research for Western Sydney."
The Westmead precinct represents the largest concentration of hospital and health services in Australia, serving Western Sydney and providing other special services for New South Wales.
In the coming months, the University will be working closely with Deicorp, the community, and other stakeholders in further planning for the development of the rest of the site.
18 December 2015
Media Contact: Amanda Whibley, Manager, Media and Public Relations
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