Western Sydney University (WSU), Campus Re-Developments

UWS westmead

Trio Property has managed the planning, selection of development partners, project delivery and sales/leasing phases of multiple projects for Western Sydney University (WSU). Common to all projects has been Trio Property’s ability to clearly define objectives and outputs at the outset of the project, drive the negotiations with potential development partners, appoint and co-ordinate technical teams and contractors with a well-defined scope of services, manage a clear and strict program, and manage consultant and contractor budgets.

Trio Property has been instrumental in the drafting of Expressions of Interest (EOI) and Request for Proposals (RFP) documents to source suitable development partners for the University, negotiate terms and execute project documents. Trio Property has been responsible for the negotiation of the transaction structure, and preparation of related project documents including a Project Delivery Agreement, Development Management Agreement, Co-owners Agreement, Ground Lease, project consultant briefs, project feasibility and overall project business case preparation for approval of the University Board of Trustees

Below is a list of Projects Trio Property has delivered for the University in recent years, some of which are ongoing. Typically, these transactions involved separate land, development and tenancy components.

  • WSU Westmead Campus Redevelopment: 122,000sqm of GFA offering a mix use masterplan development: 71,000sqm residential, 46,000sqm of commercial/retail, 5,000sqm education.
  • Innovation Quarter Westmead: A mixed use commercial and retail development delivering 46,000sqm GFA.
  • 2-6 Hassall St, Parramatta: A 29,000 sqm building delivering 10,000sqm for the University of Western Sydney, and 19,000sqm for commercial tenancies.
  • Rickard Road Campus -Bankstown CBD: A 26,000 sqm vertical campus which includes two basement levels, ground floor and 18 upper levels. The lower levels will be occupied by WSU, and the upper levels used for commercial tenancies
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Minmi Estate, Winten Property

Minmi Estate

Trio Property was appointed to prepare and manage a Request for Proposal (RFP) for the development of the Minmi Estate in Lake Macquarie and Newcastle. Winten Property had a pressing timeframe to deliver the RFP to market within a week of our appointment.  Trio Property prepared a comprehensive professional brief for project related services from DA through to delivery and linen plan of five stages of the development.  Trio Property handled all queries, evaluated all responses and assisted in negotiating final consultant and contract.

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Kurri Kurri Hydro Site – Request for Proposal with Flow Systems

kurri kurri

Trio Property prepared an independent Request For Proposals (RFP) for a site in the lower Hunter Valley. The client sought an RFP for a development partner to join them in the delivery of approx 2,000+ residential allotments as well as over 200ha of industrial and business zoned lands.

Within 9 days, Trio Property was able to prepare the RFP documents in consultation with the client, seek expressions of interest from prequalified Tier 1 and Tier 2 developers, assist in the construction (and eventual operation) of a virtual data room, provide guidance and assistance in the finalisation of the due diligence documents made available with the data room, and coordinated meetings with each tenderer.

Trio Property handled all data room Q&A matters and assisted the client in the final selection of the development partner, as well as the negotiation and preparation of a Project Delivery Agreement (PDA) between the two parties.

Trio Property has also been assisting Flow Systems in the finalisation of a planning proposal for the site, currently in the latter stages of the Gateway Process. Trio Property assisted in the management of documenting a new vision for the site, liaison with two Council’s, local and state authorities, as well as other local stakeholders such as South Maitland Rail.

The planning proposal is estimated to be finalised and approved by late 2019, or early 2020.

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Senior Living – Hornsby

senior living

Trio Property has provided development management services in the preparation of Senior Living development applications. With the site being located in an existing urban area, co-ordinating the priorities of Council, landowners and neighbours has been a challenge. The proposal is sensitive to the heritage significance of the area and provides a much needed form of accommodation

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Shaolin Temple, Comberton – Shaolin Monks

SHAOLIN TEMPLE

Trio Property provided assistance and strategic advice on the delivery of a Shaolin Temple development on the South Coast of NSW.

The proposed development consists of monk accommodation, a meditation centre, wellness centre, temple, Chinese garden, a village/tourist centre, hotel and carparking.

The development had already achieved concept plan approval in 2014 but had not been acted upon until late 2017. Amendments to the approval were required and a new vision and layout was been requested by the client. Trio Property had been providing strategic guidance and assistance to the Project Manager in the selection of the consultant team, negotiations with external stakeholders, and future direction of the project.

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