Major Sydney developer Billbergia has unveiled an ambitious $2.2 billion plan to transform a three-hectare site in the city’s inner west into a landmark residential and retail precinct. The proposal, dubbed Concord Central, aims to redefine urban living in Concord West, just 15 kilometres from the CBD.
A New Urban Village for Concord West
According to the Australian Financial Review, Billbergia, in partnership with Metrics Credit Partners, plans to transform a cluster of vacant warehouses at 1 King Street, Concord West, into eight residential towers rising between six and 37 storeys. The development will deliver 1,300 new homes, alongside a supermarket, specialty retail, a café, childcare centre, and community amenities such as a mini sports field, playground, and landscaped parklands.
Designed by GroupGSA in collaboration with Fitzpatrick Partners, Lachlan Seegers, and Carter Williamson, the project focuses on balancing density with open green space. A civic plaza will anchor the precinct’s social and retail activity, while new pedestrian and cycling links and a loop road connecting King and George Streets will improve accessibility.
“Concord Central is an exciting opportunity to define forward-thinking liveability in Sydney’s Inner West,” said Billbergia development director Saul Moran. “This project will deliver a contemporary urban village that integrates retail, dining, and essential services while unlocking benefits for the broader community.”
Part of NSW’s Housing Push
The development application has been lodged with the NSW Housing Development Authority, a body established in late 2024 to fast-track projects of state significance amid mounting housing supply pressures. the project is expected to generate over $100 million in infrastructure contributions, supporting Sydney’s growing western corridors.
Billbergia’s latest vision for Concord West follows the developer’s success with nearby Rhodes Central, reinforcing its commitment to building connected, mixed-use communities. The company also recently delivered the $85 Million Rhodes Recreation Centre, setting a new benchmark for urban placemaking in Sydney’s Inner West.
Challenges Ahead for Sydney’s Housing Targets
The proposal comes amid increasing concern over Sydney’s ability to meet its housing targets, with rising infrastructure and construction costs adding pressure on developers. Escalating levies and planning hurdles continue to slow the delivery of much-needed housing across Greater Sydney.
Metrics Credit Partners CEO Andrew Lockhart said the joint venture aligns with state and federal housing priorities, highlighting its potential to stimulate economic growth, job creation, and housing affordability.
Next Steps
If approved, construction is expected to begin by late 2026 with completion targeted for 2029. The proposal will soon open for public consultation, giving residents a chance to weigh in on one of the largest urban renewal projects in Sydney’s Inner West.
Related Articles
