Lendlease plans $500m development in Sydney’s Edgecliff
Lendlease and Mitsubishi Estate Asia have acquired a 1746-square-metre site in Edgecliff, in Sydney’s eastern suburbs, on which they plan to develop a $500 million mixed-use site. The site at 1 Darling Point Road, for which the firms paid $132.5 million, has imminent approval for a 46-metre-high project but could go up to 60 metres…