Developers are targeting Sydney’s northern suburbs in a $1.6 billion building blitz of mixed-use master-planned estates that will add a swathe of new apartments, community areas and infrastructure to cope with the influx of residents.

With traditional commercial property sales at a near-standstill, developers are focused on mixed use, higher density projects that are aimed at helping to alleviate the supply issues with closer proximity to transport and the city precincts.

Frasers Property Australia and its partner Mitsui Fudosan will develop three additional apartment developments, with a combined end value of about $797 million, at the $2.2 billion Midtown MacPark master-planned community in Macquarie Park.

Frasers Property and Mitsui Fudosan are delivering the community’s first building, MAC Residences, in a joint venture established in early 2022.

The expanded 50-50 partnership encompasses four buildings, including the landmark Treehouse development. In all, the joint venture is delivering a total of 1149 apartments and four terraces across the four buildings.

Mark Gleeson, executive general manager investments at Frasers Property said MAC Residences was Mitsui Fudosan’s first foray into the Australian market, while the expanded joint venture at Midtown MacPark is their second.

To be developed in stages over the next 10 to 12 years, Frasers Property is working with the NSW government to deliver the $2.2 billion Midtown MacPark mixed-tenure community, which will integrate 3300 apartments with a range of community facilities.

Gleeson said Midtown MacPark, which sits 13 kilometres north of the city, will bring more open space, new amenity and infrastructure to the zone, including a central village green, pocket parks and playgrounds, cycling and walking trails.

He said within the Midtown MacPark’s 269 apartments, only seven remain unsold. A range of buyers have included first home buyers, young families, singles and couples, downsizers and investors. It was designed by Bates Smart.