Joshua Bush and Taylor Gray from Colliers International recently leased 6-8 Falcon St to renowned restaurateur Kenny Lee, the owner of Jizakana Japanese Cammeray. The site neighbours The Crows Nest Hotel and Woolworths and is approved for a rooftop bar.
The Crows Nest The St Leonards Crows Nest 2036 draft plan, released earlier this year proposes 7500 new dwellings over the next 20 years, including a contentious proposal for thousands of new homes in St Leonards South.
“The Crows Nest - St Leonard’s population is forecasted to increase by nearly 37% by 2036, an increase in residential growth which can be attributed to the lifting of development height restrictions from 16m to 205m in the area,” said Taylor Gray, Executive, Retail Leasing at Colliers International.
“As more people move to the area, venues and amenity will continue to thrive as they will be servicing the needs of a greater population and a more accessible destination due to the railway infrastructure”
Crows Nest already has a reputation as a community hub, where bars, pubs and clubs are unaffected by lock out laws. There is also potential for a pedestrian mall linking Crows Nest and St Leonards to be developed, which would further add to the local foodie scene.
“Willoughby Rd is home to a majority of Crows Nests famous eateries, restaurants, cafes and bars,” said Taylor Gray, Executive, Retail Leasing at Colliers International.
“The old favourites including Deli Noodle, Stuyvesant’s House and Xenos are still as popular as ever, and the new entrants to the market including Fratelli Fresh and Bo Thai are being embraced by the Crowie locals.”