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