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Sydney's Urban Transformation

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Sydney's Urban Transformation SYDNEY’S URBAN TRANSFORMATION FIRST HALF 2015 NORTH WEST URBAN TRANSFORMATION »» »90»HECTARES»OF»TRANSIT»ORIENTATED» DEVELOPMENT PROPOSED NORTH WEST SITS OFF »» »LEVERAGE»$8.3BN»NEW»RAIL»SYSTEM»-» RAIL LINK ROUTE MAP IN OPERATIONAL»IN»2019 NORTH WEST »» 8,000»NEW»HOMES»AND»12,000»JOBS SYDNEY TO CITY VIA EPPING SITS OFF MAP IN WEST SYDNEY THE PARRAMATTA NORTH URBAN RENEWAL PROJECT »» 50»HECTARES »» HERITAGE»PRECINCT »» 4,100»NEW»HOMES 20kms 20kms PARRAMATTA ROAD URBAN RENEWAL PROGRAM »» 20KM»CORRIDOR»–»10»COUNCILS »» URBAN»RENEWAL»STRATEGY»LATE»2015 SYDNEY’S MAJOR URBAN TRANSFORMATION PROJECTS The»NSW»Government»has»established»the»Major»Urban»Transformation»Portfolio»-»a»pipeline»of»complex»large-scale»urban»revitalisation» programs»that»provide»infrastructure,»housing,»jobs,»and»economic»and»social»benefits»that»support»the»government’s»broader»objectives»for» the»state.»These»city-shaping»programs»will»promote»and»demonstrate»world-class»urban»transformation»that»will»benefit»the»residents»of» NSW.»More»detail»on»each»project»is»provided»over»the»page. KEY: »»Under»Construction »»Confirmed»-»On»Market» »»Proposed»-»Future»Projects MANLY BARANGAROO »» 22»HECTARES »» $6»BILLION»VALUE »» STAGED»COMPLETION»BY»2022 TARONGA ZOO HARBOUR BRIDGE SYDNEY SANDSTONES SYDNEY OPERA HOUSE »» »WITHIN»CIRCULAR»QUAY» THE BAYS PRECINCT PRECINCT »» »23,000M2»OF»BUILDING»AREA »» 80»HECTARES »» »ENTER»LEASE»AGREEMENT»» »» WITHIN»2KM»OF»CBD BY»2015 »» 30»YEAR»PROGRAM FISH MARKETS DARLING HARBOUR »» 20»HECTARES »» $3.4»BILLION»VALUE »» »ICC»SYDNEY»OPENS»DECEMBER»2016,» FOLLOWED»BY»A»LUXURY»HOTEL»AND» CITY»NEIGHBOURHOOD CENTRAL PARK »» 5.8»HECTARE»SITE »» $2»BILLION»URBAN»VILLAGE »» DELIVERED»OVER»10»YEARS CENTRAL TO EVELEIGH CORRIDOR GREEN SQUARE TOWN CENTRE »» 3KM»CORRIDOR»FROM»CBD »» 5.6»HECTARES »» »5,000»HOMES»AND»50,000M2»» »» »2,000»HOMES»AND»60,000M2»» COMMERCIAL/RETAIL COMMERCIAL/RETAIL SYDNEY AIRPORT UNDER CONSTRUCTION PROPOSED - FUTURE PROJECTS DARLING HARBOUR’S TRANSFORMATION:» PARRAMATTA NORTH URBAN A»‘once»in»a»generation’»opportunity»to» TRANSFORMATION: The»Parramatta» build»on»the»success»of»Darling»Harbour» North»Urban»Transformation»project» and»create»one»of»the»world’s»best» seeks»to»create»a»vibrant»heritage» areas»to»live,»meet»and»be»entertained.» mixed-use»precinct»in»Parramatta»North,» Darling»Harbour»will»become»home»to» including»housing»and»employment» Australia’s»premier»integrated»convention,» opportunities.»The»project»area»includes» exhibition»and»events»destination,» Cumberland»Hospital»(East»Campus),» International»Convention»Centre»Sydney» the»Sporting»Precinct»and»the»Old»Kings» (ICC»Sydney),»a»luxury»hotel»and»a»new»city» School.»More. neighbourhood.»Opening»in»December» 2016,»ICC»Sydney»will»underline»Sydney’s» place»as»one»of»the»world’s»most»desirable» NORTH WEST URBAN TRANSFORMATION:» meeting»and»event»destinations.»More. The»North»West»Urban»Transformation» will»involve»the»development»of» CENTRAL PARK: Jointly»developed»by» residential,»commercial»and»retail»land» Frasers»Property»Australia»and»Sekisui» uses»around»a»number»of»new»station» House»Australia,»Central»Park»is»a» precincts»created»by»the»new»$8.3»billion» multi-stage»$2»billion»urban»village,» North»West»Rail»Link»project,»which»is» with»a»diverse»collection»of»residential,» forecast»to»open»in»March»2019.»The» commercial»and»hotel»opportunities» program»will»take»advantage»of»the» arising»in»stages»across»8-10»years»while» opportunities»created»by»the»rapid»transit» the»precinct»takes»shape.»More. system»to»create»high»quality,»distinctive» urban»centres»at»each»station.»More. BARANGAROO:»Valued»at»over»» $6»billion,»Barangaroo»is»Sydney’s»largest» PARRAMATTA ROAD URBAN RENEWAL redevelopment»project»this»century»and» PROGRAM:»The»proposed»WestConnex» will»evolve»over»the»next»10»to»20»years,» Motorway»will»reduce»the»number»of» injecting»more»than»$1.5»billion»into»the» trucks»and»through»traffic»currently» NSW»economy»annually.»When»complete» using»Parramatta»Road,»providing»an» it»will»include»six»hectares»of»a»new» opportunity»to»revitalise»the»Parramatta» headland»park,»an»active»public»waterfront» Road»corridor.»The»regeneration»will» and»parks,»commercial»office»towers»and» bring»new»housing»and»jobs»for»Sydney’s» apartments.»More. growing»and»changing»population» and»generate»more»than»$12»billion»in» GREEN SQUARE TOWN CENTRE:»The»entire» economic»benefits»to»the»state.»More. Town»Centre»will»include»210,000m2»of» mixed»use»gross»floor»area»comprising» around»2,000»dwellings»and»60,000m2» CENTRAL TO EVELEIGH CORRIDOR:»» of»commercial»and»retail»area»to»be»built» The»NSW»Government»is»in»the»early» around»a»series»of»public»plazas,»parks»and» stages»of»investigating»a»potential»urban» community»facilities.»»More. regeneration»opportunity»for»government» owned»land»within»the»rail»corridor»that» extends»for»approximately»3km»from» Central»Station»to»Eveleigh»Railyards.» Image courtesy of City of Sydney and Stewart Hollenstein Architects. More. CONFIRMED - ON MARKET THE BAYS PRECINCT: The»NSW» Government»is»in»the»early»stages»of» creating»an»Urban»Transformation»Plan»for» SYDNEY SANDSTONES:»The»NSW» 5.5»kilometres»of»waterfront»land»in»The» Government»has»set»aside»the»Sandstone» Bays»Precinct»as»part»of»the»city’s»largest» Precinct»assets»for»tourism»use.»The»assets» single»urban»renewal»program»since»the» are»two»of»the»finest»examples»of»colonial» Sydney»Olympics.»More. era»architecture»located»in»Sydney’s» financial»core»and»within»the»Circular» Quay»tourism»precinct.»The»expression» of»interest»process»is»closed»with»the» successful»proponent(s)»anticipated»to»be» selected»by»mid-2015.»More. www.tourisminvestment.com.au Disclaimer: This document is correct as at April 2015. The information has been gathered by third parties and is for infor- mation purposes only. Visit project websites for current information..
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