A major makeover of the Kibbleplex building in Henry Parry Dr, Gosford, is once more on the table, as the State Government considers an application from the Lederer Group for a $280m mixed use development on the site.
The NSW Department of Planning has confirmed that the group lodged an application in December, 2018, to develop the site as a State Significant Development (SSD).
The Group was issued with the Secretary’s Environmental Assessment Requirements (SEARs) in February, 2019, with a detailed application now in the works.
The proposal is for a mixed-use development comprising five towers above a podium, with a mix of uses including residential, retail, entertainment, leisure, and food and beverage.
The Lederer Group’s initial proposal says the project would transform an “unappealing car parking site” into a “lively, attractive and vibrant precinct to serve the growing needs of the emerging population in and around the Central Coast”.
The development would include car access to Donnison, William and Albany Sts, an open plaza to Henry Parry Dr fronting Kibble Park, residential accommodation in the form of flat buildings or shop-top housing, food and beverage retail premises, an indoor recreation centre and a cinema.
The Lederer Group, which also owns the Imperial Centre, acquired Kibbleplex and adjoining vacant land from the former Gosford Council for $13m on March 1, 2016.
The Group lodged a development application with the then Gosford Council on March 6, 2016, for the first stage of an $850m Masterplan, which consisted of nine buildings, including mixed use residential, commercial and retail, and the demolition of existing structures on the site.
But consideration of the application stalled with the amalgamation of the former Gosford and Wyong Councils and the finalisation of new planning controls.
The Lederer Group declined to comment further at this time.
It is unknown if it will lodge a further application for a redevelopment of Kibble Park, which was included in its 2016 application.
State Minister for Planning and Housing, Anthony Roberts, cited the application as an example of a “surge in investor confidence” since the implementation of the NSW Government’s revitalisation program for the Gosford CBD.
“I am pleased to report that since the release of measures to revitalise Gosford City Centre, including the new State Environmental Planning Policy (SEPP), in October, 2018, there has been much interest in the city,” Roberts said.
“Since October, the Department of Planning and Environment has received dozens of enquiries from land owners and their consultants, with very real interest in a broad range of developments, including commercial, residential, mixed-use and hospital developments.
“A number of these are State Significant Development proposals with estimated values over $75m.”
NSW Planning Department website
Media statement, Feb 27
NSW Department of Planning
Media release, Feb 14
Anthony Roberts, NSW Planning Minister