The development by Henroth Investments Pty Ltd includes two residential towers of 14 storeys and 11 storeys and seven smaller buildings ranging in height from three storeys to seven storeys.
There will be 432 apartments, parking for 1150 cars and a 9000 sqm public park.
The PAC said the proposal will provide additional housing stock, increase the range of retail services and provide a public park.
The Department of Planning received 191 public submissions, with 108 objecting to the proposal.
Source: The Leader