A new era for Gladesville in Sydney: Third.i reveals transformative masterplan

Third.i Group has revealed plans for a transformative mixed-use redevelopment in the centre of Gladesville, marking the beginning of a new chapter for the suburb.

Located at 1–3 Flagstaff Street, 2–10 Cowell Street and 1 Massey Street, the proposed project will transform the ageing Gladesville Village Shopping Centre into a vibrant, community-focused precinct delivering more than 500 new homes.

This will be the first project of its kind for Gladesville, an integrated masterplan that not only responds to its surroundings but significantly improves upon the existing Local Planning Panel controls. The development comprises more than 500 new apartments delivered through a combination of build-to-sell and build-to-rent housing, a circa 4,000 sqm major supermarket, a curated food and beverage precinct, a state-of-the-art health and wellness centre, and over 4,500 sqm of publicly accessible open space.

Gladesville’s hospitality scene is set for a major boost. At the centre of the new precinct, a curated food and beverage offering will introduce some of Sydney’s most popular operators to the neighbourhood, activating the site day and night and creating a thriving social destination for locals
and visitors alike. 

Designed by award-winning architects i2C and with landscaping by Arcadia, the team behind Lane Cove’s acclaimed Canopy project, the proposal sets a new benchmark for place-making in Sydney’s Lower North Shore.

A continuous green spine stretching from Massey Street to Cowell Street forms the centrepiece of the design, offering pedestrian-friendly access and clear sightlines throughout the site. The result will be a connected town centre with a truly civic heart.
“This is a once-in-a-generation opportunity to reshape Gladesville into a lively, social and inclusive hub,” said Florian Callion, Head of Acquisitions at Third.i Group.

“We’ve worked closely with Hunters Hill Council to ensure this project aligns with their twenty-year vision for Gladesville. From day one, our focus has been on delivering a project that balances housing supply, thoughtful design and public benefit.” 

The proposal directly responds to the Council’s Local Strategic Planning Statement (2020), which identifies Gladesville Village as a centre “primed for place-based redevelopment.” If approved, the project will help meet Hunters Hill Council’s National Housing Accord target, delivering much-needed homes in a time of chronic undersupply across Sydney.

“Now that Council’s updated plan is due to proceed to gateway and public exhibition, we look forward to working collaboratively with all stakeholders to bring this vision to life,” said Florian Callion, Head of Acquisitions at Third.i. 

“We’re excited by the opportunity to help deliver the kind of vibrant, connected and inclusive town centre that Gladesville residents have been waiting for.”
The project will also deliver significant public benefits without placing any financial burden on Council. 

All infrastructure upgrades, including new pedestrian connections, landscaped public domains, and civic amenities, will be fully funded by Third.i, demonstrating the developer’s commitment to delivering legacy projects that serve the broader community well into the future.

Pending approval, construction is expected to commence in late 2026.