Third.i announces a mixed-use masterplan for Sydney’s Gladesville Village

Leading Australian developer Third.i Group has officially announced plans for a landmark mixed-use redevelopment in the heart of Gladesville, signalling a new era 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.

Revitalizing Gladesville: Major Redevelopment Plans for Shopping Centre Unveiled

More details about the planned redevelopment of the upcoming Gladesville Shopping Centre were revealed in a rare radio moment at 2RRR on Tuesday, July 8.

Mayor of Hunters Hill, Zac Miles and developer Florian Callian, Head of Acquisitions at Third.i Group told 2RRR “Tuesday’s Morning Mix” host, Natalie de Silver, that this development was a “once in a generation opportunity to reshape Gladesville.”

“It’s going to be a really special area, and a far improvement from what’s there,” said Mr Callian.

Hunters Hill Council is proposing a redevelopment, including a new and improved shopping precinct, open space and more than 500 apartments up to 23 stories high. Mr Callion confirmed that the proposed development would include a hectare of open space, making the new centre more attractive and enjoyable.

“We are delivering close to 4000 (square metre), we are a bit over that, of public open space through that spine of the site, which is really going to let the community interact. There is obviously going to be tree canopies and potentially some small gathering areas.”

Mr Callion compared Third.i Group’s aspiring development to Lane Cove’s renowned ‘The Canopy’.

“What we are proposing to do is exactly just that, but even better,” said Mr Callion.

Mr Callion continued, “We’re wanting some really good quality food and beverage operators, there’s obviously going to be a brand-new Coles that’s going to go through… whether it’s childcare, we’ve got a 1500 to 2000 square metre health and wellness space that we want to put in there.”

Mayor Zac Miles responded, expressing that the current centre was not meeting the needs of our local community.

“The shopper experience has deteriorated significantly over the last decade or so, and what we really need is… some destination and food and beverage operators that go in there, that actually draw people into the centre.”

Mr Zac Miles furthered, “We do need a full format shopping centre. We do need better retail operators. There shouldn’t be you know, a couple of two-dollar shops and the tobacconist.”

Concerns about traffic and limited public transport options were addressed, with calls for the State Government to play its part and improve bus services and access from Victoria Road.

As a resident of our local community and host of 2RRR’s “Monday Morning Matters”, Mark Henderson (Hendo) expressed his concern about the lack of transportation in our area.

Hunters Hill Mayor Zac Miles said our concerns about traffic and transport were valid and needed to be addressed by the NSW Government.

“The main thing that I need to advocate for, from a council level, is we do need better public transport…we are not well serviced by public transport, and that is a State Government issue.”

Read More.

Thirdi Lifts Covers on 500-Home Precinct at Gladesville

High-profile developer Thirdi Group has revealed plans to turn an ageing retail centre into a mixed-use development of more than 500 homes at Gladesville in Sydney’s north-west.

Planned for a site at 1-3 Flagstaff, 2-10 Cowell and 1 Massey streets, the proposal would transform the Gladesville Village Shopping Centre into a “vibrant, community-focused precinct” delivering more than 500 new homes, the developer said.

“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,” Thirdi said in a statement.

A combination of build-to-sell and build-to-rent homes are planned, along with a 4000sq m major supermarket, food and beverage precinct, health and wellness centre, and more than 4500sq m of publicly accessible open space.

“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,” Thirdi said.

Designed by architects i2C and with landscaping by Arcadia, the team behind Lane Cove’s acclaimed Canopy project, the proposal includes a continuous green spine stretching from Massey Street to Cowell Street, offering pedestrian-friendly access and clear sightlines throughout the site.

Thirdi head of acquisitions Florian Callion said the group had “worked closely with Hunters Hill Council to ensure this project aligns with their 20-year vision for Gladesville”.

“Our focus has been on delivering a project that balances housing supply, thoughtful design and public benefit,” he said.

The proposal 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 would help meet Hunters Hill Council’s National Housing Accord target, according to the developer.

“Now that the 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,” Callion said.

The project would also deliver significant public benefits without placing any financial burden on the council, Thirdi said, as all infrastructure upgrades, including new pedestrian connections, landscaped public domains, and civic amenities, would be funded by the developer.

If approved, it is slated to begin in late 2026.

Read More.

First look: Third.i plots 500-unit redevelopment of Gladesville Village Shopping Centre

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.

A new era for Gladesville in Sydney: Third.i reveals transformative masterplan

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 scoops up coveted Gladesville Shopping Centre for $1bn project

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.

Investing $1.6B for dynamic new community at Charmhaven

Developer Third.i Group has proposed a masterplanned community on 200ha of bushland at Charmhaven between the Pacific Hwy and Arizona Rd.

The $1.6B project would deliver up to 2,000 homes with 120ha of protected environmental green space, a new low-fee K-12 school for 1,500 students, public spaces, playing fields and a business park supporting more than 600 new jobs.

Third.i says the aim is to create a “dynamic new community with a focus on liveability, affordability and long-term growth”.

First step is a development application for 56 homes which is now on public exhibition and open for submissions until June 30.

Third.i Group promises no infrastructure costs for the NSW Government under measures introduced in the NSW Budget this week allowing developers to build their own public infrastructure under certain circumstances.

Group Acquisitions Head Florian Caillon said that if approved, rezoning (of the Charmhaven site) would allow them to provide critical, enabling infrastructure.

“This would include roads, water and electricity, which will benefit the wider region – all at no cost to the NSW Government,” he said.

The State Government Budget will also make permanent a 50% land tax discount for build-to-rent developments.

To be eligible, buildings must include at least 50 rental homes, remain under single ownership and management, and offer lease terms of at least three years.

More than 10% of the Charmhaven project will be committed to affordable housing, including rental and shared equity options aimed at supporting essential workers and first-home buyers.

Evolve Housing will handle the 200 affordable homes with workers able to rent them at below-market rates. 

Health Services Union NSW Assistant Secretary Lauren Hutchens said members were encouraged by developments that made affordable housing a priority.

“We keep our hospitals running day and night, but we’re being pushed further and further away from our workplaces by skyrocketing housing costs on the Central Coast,” she said.

The Charmhaven project would be the largest housing project on the Central Coast and could deliver almost a quarter of the NSW Government’s target of 9,400 new homes in the region by 2029. 

Central Coast’s population is expected to surge to 404,250 by 2041, putting increased pressure on housing supply.

Third.i Group is hopeful that the first new homes for the masterplan could be delivered within 36 months pending planning approvals.

READ MORE

Thirdi Plans $1.6bn Central Coast Housing Community

Developer Thirdi has proposed a masterplanned community that promises no infrastructure costs for the NSW Government on the Central Coast. 

The 200ha Charmhaven Project site at Charmhaven on the Central Coast is located between the Pacific Highway and Arizona Road and is expected to cost $1.6 billion.

It would deliver up to 2000 homes with 120ha of protected environmental green space, a new school and a business park. 

More than 10 per cent of the project will be allocated to affordable housing for essential workers with the NSW Government not required to pay for any infrastructure costs

“If approved, the rezoning will allow us to provide critical, enabling infrastructure such as roads, water and electricity, which will benefit the wider region—all at no cost to the NSW Government,” Thirdi acquisitions head Florian Caillon said. 

Evolve Housing will handle the 200 affordable homes with workers able to rent the homes at below-market rates. 

“Our members keep our hospitals running day and night, but they are being pushed further and further away from their workplaces by skyrocketing housing costs on the Central Coast,” Health Services Union NSW assistant secretary Lauren Hutchens said.

“That’s why we’re encouraged by developments that make affordable housing a priority.” 

The school, if approved, will be a low-fee independent Christian school for 1500 students.

The Charmhaven Project would be the largest housing project on the Central Coast and could deliver almost a quarter of the NSW Government’s target of 9400 new homes in the region by 2029. 

Thirdi is hopeful that the first new homes for the masterplan could be delivered within 36 months pending planning approvals.

The Central Coast’s population is expected to surge to 404,250 people by 2041, putting increased pressure on housing supply.

Thirdi’s current development pipeline exceeds $4 billion with completed projects across Sydney and Newcastle. 

Read More.

Merewether Residences Expands

The Merewether Residences, a luxury over-55s retirement living development at The Merewether Golf Club, has received approval for a Section 4.55 modification, allowing for an additional level while staying within the original height limits. This expansion reinforces the project’s appeal to retirees, downsizers, and Sydney residents seeking a coastal lifestyle.

A joint venture between ThirdAge and The Merewether Golf Club, the development will now feature 178 architecturally designed apartments across four six-storey buildings. The approved breakdown includes 12 one-bedroom, 121 two-bedroom, and 29 three-bedroom apartments, along with 16 penthouses—eight two-bedroom and eight three-bedroom options.

Construction will be led by Decode Group, known for its work on Third.i’s Dairy Farmers Towers in Newcastle. The development is designed by architect Eugene Marchese and overseen by EJE Architecture, incorporating materials that blend seamlessly with Newcastle’s coastal surroundings.
The project will enhance The Merewether Golf Club, providing new amenities such as a health and wellness space, a sports bar, and a new clubhouse for residents and club members.

Luke Berry, Director of ThirdAge, described the approval as a major milestone, reinforcing the project’s commitment to delivering high-quality, sustainable homes that foster community connections.
Site works have begun, with the demolition of the existing greenkeepers shed marking the start of construction. The new clubhouse is expected to open in 2027, with The Merewether Residences slated for completion in late 2027.

Designed to offer a premium lifestyle, the development will feature amenities such as a health club, spa, swimming pool, on-site cinema, communal kitchen, herb garden, and workshop spaces.
Third.i continues to expand its footprint in Sydney and Newcastle, with a development pipeline exceeding $4 billion.

Read More.

Project Milestone: The Merewether Residences secures approval for an additional level

Read More.