Month: July 2025

Developer Third.i has revealed plans for a major mixed-use transformation in Gladesville, with a proposal that could reshape the suburb’s town centre into a new civic, retail and residential destination.

Lodged across a trio of neighbouring parcels at 1–3 Flagstaff Street, 2–10 Cowell Street and 1 Massey Street, the project would see the Gladesville Village Shopping Centre redeveloped into an integrated precinct of more than 500 apartments, a new supermarket, and significant public domain upgrades.

Designed by i2C with landscape architecture by Arcadia — the team behind Lane Cove’s Canopy — the proposal represents the first of its scale in Gladesville and is being framed by Third.i as a once-in-a-generation opportunity to reimagine the area.

A key feature of the masterplan is a continuous green spine connecting Massey and Cowell Streets, threading new pedestrian links through the site and anchoring the development around over 4,500 sqm of publicly accessible open space. The proposal also includes a 4,000 sqm supermarket, a dedicated health and wellness centre, and a food and beverage precinct positioned as a future hospitality destination for the lower North Shore.

In line with Third.i’s broader strategy of blending housing typologies, the 500-plus apartments will be delivered across a mix of build-to-sell and build-to-rent formats. The scale and ambition of the project go beyond what’s currently permitted under the existing Local Planning Panel controls, but directly respond to Council’s Local Strategic Planning Statement (2020), which identifies the Gladesville Village precinct as “primed for place-based redevelopment.”

Florian Callion, Head of Acquisitions at Third.i, says the proposal has been shaped in close consultation with Hunters Hill Council.

“This is a rare opportunity to create something with long-term benefit — a social and civic heart for Gladesville that reflects the area’s growth and character,” Callion said.

“We’re proud of the level of collaboration we’ve had with Council throughout this process, ensuring that what’s proposed isn’t just deliverable, but meaningful.”

The masterplan aims to support housing targets outlined in the National Housing Accord and, if approved, would directly contribute to addressing supply shortages across Sydney’s established suburbs. It also sets out a model of infrastructure-led development, with all upgrades — including new pedestrian paths, public landscaping, and civic amenity — to be fully funded by the developer, placing no financial burden on Council.

Pending approval, construction is expected to begin in late 2026.

Read More.

Third.i Group has revealed plans for a transformative mixed-use redevelopment in the centre of Gladesville, marking the beginning of a new chapter for the suburb.

Located at 1–3 Flagstaff Street, 2–10 Cowell Street and 1 Massey Street, the proposed project will transform the ageing Gladesville Village Shopping Centre into a vibrant, community-focused precinct delivering more than 500 new homes.

This will be the first project of its kind for Gladesville, an integrated masterplan that not only responds to its surroundings but significantly improves upon the existing Local Planning Panel controls. The development comprises more than 500 new apartments delivered through a combination of build-to-sell and build-to-rent housing, a circa 4,000 sqm major supermarket, a curated food and beverage precinct, a state-of-the-art health and wellness centre, and over 4,500 sqm of publicly accessible open space.

Gladesville’s hospitality scene is set for a major boost. At the centre of the new precinct, a curated food and beverage offering will introduce some of Sydney’s most popular operators to the neighbourhood, activating the site day and night and creating a thriving social destination for locals
and visitors alike. 

Designed by award-winning architects i2C and with landscaping by Arcadia, the team behind Lane Cove’s acclaimed Canopy project, the proposal sets a new benchmark for place-making in Sydney’s Lower North Shore.

A continuous green spine stretching from Massey Street to Cowell Street forms the centrepiece of the design, offering pedestrian-friendly access and clear sightlines throughout the site. The result will be a connected town centre with a truly civic heart.
“This is a once-in-a-generation opportunity to reshape Gladesville into a lively, social and inclusive hub,” said Florian Callion, Head of Acquisitions at Third.i Group.

“We’ve worked closely with Hunters Hill Council to ensure this project aligns with their twenty-year vision for Gladesville. From day one, our focus has been on delivering a project that balances housing supply, thoughtful design and public benefit.” 

The proposal directly responds to the Council’s Local Strategic Planning Statement (2020), which identifies Gladesville Village as a centre “primed for place-based redevelopment.” If approved, the project will help meet Hunters Hill Council’s National Housing Accord target, delivering much-needed homes in a time of chronic undersupply across Sydney.

“Now that Council’s updated plan is due to proceed to gateway and public exhibition, we look forward to working collaboratively with all stakeholders to bring this vision to life,” said Florian Callion, Head of Acquisitions at Third.i. 

“We’re excited by the opportunity to help deliver the kind of vibrant, connected and inclusive town centre that Gladesville residents have been waiting for.”
The project will also deliver significant public benefits without placing any financial burden on Council. 

All infrastructure upgrades, including new pedestrian connections, landscaped public domains, and civic amenities, will be fully funded by Third.i, demonstrating the developer’s commitment to delivering legacy projects that serve the broader community well into the future.

Pending approval, construction is expected to commence in late 2026. 

Read More.

Sydney developer Third.i Group has emerged as the buyer of the harbourside Gladesville Shopping Centre and its commercial village in Sydney, with plans to build a $1bn mixed-use masterplan precinct, Green Street News can reveal.

The acquisition has also caught the eye of institutional groups keen to secure the project as a seed asset for new property funds.

Third.i did not reveal the price it paid for the coveted 1.4ha site, bordered by Cowell, Flagstaff and Massey Streets, but market sources indicated it traded for about $100m. The developer acquired the aging property from several private sellers directly.

As the race to build more homes ramps up, Third.i has outlaid preliminary plans to build about 500 build-to-sell and build-to-rent apartments across four towers atop a new shopping centre.

The existing Gladesville Shopping Centre, changing hands for the first time in 25 years, will be knocked down to make way for the new centre, which will also include a dining area.

The retail centre will continue to be anchored by a Coles supermarket and is estimated to total about 8,500 sq m.

These early project plans are expected to be put on public exhibition shortly.

Third.i’s plans will bring to life the Hunter’s Hill Council’s long-time goals to give the centre a facelift while adding housing. The site’s redevelopment fell over in 2018 amid resident concerns about increased traffic and heritage conservation.

This time, the council’s Gladesville masterplan planning proposal has considered the NSW state government’s goals to build more housing in meeting the National Housing Accord. It has also planned more public space and community facilities and better designed buildings.

Third.i acquisition head of acquisition Florian Caillon told Green Street News the firm will deliver a community-focused asset.

He said Third.i is also mulling opportunities to work with fund managers on seeding the Gladesville project as well as Third.i’s other apartment projects altogether totaling 4,000 units into a fund or several funds. Capital raising for the project is also on the horizon, Caillon said.

The active developer, which also has a UK development footprint, has several high-profile innercity Sydney apartment projects including Hume Place Crows Nest, the over-station development at the new Crows Nest metro.

It has also partnered with the Dexus Real Estate Partnership 2 to develop a resort-style retirement village for over-55s at the Merewether Golf Club in Newcastle, north of Sydney.

Pending approvals, Third.i will commence construction at Gladesville late next year.

Read More.