Palace Verona Cinema Residential Redevelopment

planning

Plans to rework the 1940s-built Palace Verona cinema development in Paddington into a residential project have been put forward after neighbouring sites were acquired. The original plan approved in late 2023 proposed an eight-storey building with office, retail, entertainment spaces, cinemas, commercial levels, and a rooftop restaurant. The new plans, now issued SEARs, outline an affordable housing project encompassing 13-15 and 17 Oxford Street and 2 Verona Street, Paddington, with ground level retail and cultural spaces, apartments along Oxford and Verona streets, and townhouses on Verona Street. 1490 sq m of residential floor space will be allocated to affordable housing, with building heights similar to the approved development.