Urban Property Group has unveiled plans for a striking 43-storey residential tower in Wickham, now on public exhibition. The proposed development, located at 26-28 Merewether Street, aims to deliver over 200 apartments with ground-floor retail spaces, contributing to the suburb's growing skyline.
Project Details
The tower, designed by renowned architects, will rise 43 storeys, making it one of the tallest buildings in the area. It includes a mix of one, two, and three-bedroom apartments, along with amenities such as a rooftop garden, gym, and swimming pool. The ground floor will feature commercial tenancies, enhancing the local streetscape.
Community Impact
The development is expected to bring significant economic benefits, including construction jobs and increased foot traffic for local businesses. However, some residents have raised concerns about overshadowing, traffic congestion, and the character of the neighborhood. The public exhibition period allows community members to review plans and submit feedback to the City of Newcastle.
Next Steps
Following the exhibition, the council will assess submissions and determine whether to approve the project. Urban Property Group has expressed willingness to engage with the community and address any issues raised. If approved, construction could begin in late 2025, with completion anticipated by 2028.
This proposal is part of a broader trend of high-density development in Newcastle's inner suburbs, driven by demand for urban living and proximity to the CBD. The outcome will be closely watched by developers and residents alike.
