Penrith developments recognised

The Urban Developer 2021 Award winners were announced in March this year. Penrith was well represented with Altis Property Partner’s project Snackbrands winning the Industrial Development category.

Altis Property delivered a state-of-the art warehouse in Erskine Park to operate an Automated Storage Retrieval System, a large-scale automation solution that offers efficiency gains across order fulfillment, inventory control and maximising warehouse footprint.

Astina Suites, home of the popular Theo’s rooftop bar and Reset spa, was named a 2021 finalist in the Development of the Year – Hotel and Accommodation.

The 2022 award finalists were announced in late May. Rise Projects’ Leland Street, Penrith development was named a finalist in the industrial development category.

The development reactivated a 30-year-old site by refurbishing and upgrading two existing warehouses (recycling and reusing 98% of materials) and adding value with 18 new, boutique industrial units. Rise applied residential quality features and finishes to the development and supported local suppliers with a 100% commitment to Western Sydney businesses.

The winners of the 2022 awards will be announced in August.

Image: Rise Projects' Leland Street development a finalist in The Urban Developer Awards