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Property
NEW PATH FOR BLACKTOWN WORKERS CLUB Approval for $500M Parkside project
DALLAS SHERRINGHAM
WORKERS Lifestyle Group has announced the approval of its massive $500M retirement village which will be one of the largest of its type in Australia when completed in 2027.
Parkside Lifestyle Community will be built across 5.4ha of former playing fields and will feature 480 independent living units and a 160-unit residential aged care facility.
The complex will also feature two community centres and a gym with a pool, plus a retail outlet.
The project has been seven years in the planning and approval process and has been made possible because of an historic decision by the club to buy a 22.2ha parcel of land to initially be used a sports club and playing fields.
Workers chief executive Morgan Stewart said in a media interview it was a “great legacy vision” and proved to be a “pure land bank”.
“We talk about legacy and wanting people to look back and say: ‘That was an incredible -such a good play,” he said.
And developing some of that land into the seniors’ living project is the next big step for the club which is now in its eighth decade after being formed in 1955 at a meeting convened on one hot January day.
The club been a massive success story, expanding into three clubs with 55,000 members and turning over $45M annually.
The clubs are Workers Blacktown, Workers Sports and Workers Hubertus which is a country club situated at Luddenham, close to the Western Sydney International Airport.
Mr Stewart said the new project was a “win-win” concept because it would address the needs of the large proportion of Blacktown and the club’s aging population.
He said it would also diversify the club’s revenue, 75% of which is currently produced by gaming.
Strong revenue position
“It is a very strong revenue positive,” he said. “The money we generate is reinvested back into services and products for our members.
“This is an extension of our income diversification.”
Parkside will operate on a licence model, where residents will purchase the right to live in a unit . Workers Lifestyle Group will retain the freehold.
“Parkside meets a real need in Western Sydney for a high-quality retirement, self-contained, secure facility right next door to our Workers Sports facilities.”
The exciting project has positive repercussions for the senior residents of the region, especially aging club members.
“We expect many Parkside residents will be our own club members,” Mr Stewart said.
“We’ve been talking with the about this project for years and the common response we get is: ‘when can I buy a unit?’”
Planning approval is in place, finance is secured and the club is now ready to proceed with project to be completed in several stages during the next five years.
CEO Morgan Stewart Artist impression of the project
Visit www.parksidelifestyle.com.au
Artist impression of the project
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WELCOME to the Blacktown NEWS
WELCOME to Blacktown's NEW LOCAL media voice, The Blacktown News (BN). The Blacktown News is the much-anticipated new newspaper and digital media brand that The News will be distributed across 110 strategic distribution points in the LGA. Published in digital and print editions the Blacktown News off ers maximum impact for targeted advertising As one of the state’s fastest growing cities, Blacktown has undergone a signicant transformation. GRANT Hews has a great reason to be inseparable from his best mate and savior, Echo the Maltese Terrier. You see, Echo saved Grant’s life when he fell into a diabetic coma and when Grant was admitted It's population is set to rise from 400,000 to 540,000 residents by 2036. The Blacktown News is the print and digital media resource that connects residents and visitors to the city’s diverse community, its progress, business opportunities and lifestyle. covers Blacktown LGA with local news written by experienced journalists.
The Blacktown News is Blacktown's ONLY printed newspaper and is independently owned and managed locally by a management team that has been working in Blacktown for almost 20 years. opportunities and reach to Blacktown's diverse population. With a mission of championing community and business issues, the BN is a proud media partner of the Greater Blacktown Chamber of Commerce, the Blacktown Local Business Awards and Blacktown FC.
to Blacktown hospital, the pair were lost without each We value your feedback. Go to www.greaterblacktownnews.com.au to share your story.
Grant owes his life to mate Echo other. And we all know the healing power of an animal, a power that should never be underestimated. The heartwarming story begins in late December when Grant was diagnosed with COVID-19 and other underlying health issues at the hospital. More: page 6.
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