Place Based Transport Strategy Part B
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Australian Office Investment Review & Outlook 2019
Australian Office Investment Review & Outlook 2019 Table of contents 03 Executive summary 04 What were the key observations from 2018? 09 What industry sectors will contribute to growth in 2019? 16 Should we be concerned by the supply-side of the equation? 18 How do we assess the relative value of office markets? 24 Will AUD volatility have an impact on investment flows? 27 Is it time to allocate more resources to exploring markets outside of Sydney and Melbourne? 28 Outlook 30 Summary of Major Transactions 2 Office Investment Review & Outlook 2019 Executive Summary Transaction volumes surpass AUD 19 billion for New development activity is pre-commitment the first time on record: The Australian office sector led: Developers have remained risk averse and recorded AUD 19.53 billion of transaction volumes in 2018 typically looked to secure healthy levels of pre- – the highest figure on record. Volumes were supported commitment prior to starting construction. We by the acquisition of Investa Office Fund (IOF) by Oxford have observed an inverse relationship between Properties for AUD3.4 billion. However, the number of office prime grade vacancy and the development transactions was lower than previous years with pipeline. Office markets with low prime grade the top 10 office transactions representing 43.9% of total vacancy are experiencing higher levels of new volume in 2018. development activity. AUD volatility could stimulate investment activity: The relative Offshore divestment hit a record value of the AUD is influenced by high: Offshore capital sources interest rate differentials, GDP growth remained active participants in the and commodity prices. -
Sydney Harbour Superyacht Guidelines
Sydney Harbour superyacht guidelines Guidelines for Masters operating Superyachts on Sydney Harbour Contents Executive Summary 1 Qualifications and registration 9 Port procedures 2 Boat licences and certificates of competency 9 Directions for navigation 2 Registration of vessels 9 Directions and regulations to be observed 2 Protected animals 10 Required charts 2 Approach distances 10 Port services 2 Speed 10 Pilotage requirements 2 Approach directions 10 Wind and weather 3 Action if a marine mammal approaches 11 Port Authority of NSW Vessel Traffic Service 3 Communications 11 Pilot boarding place 3 VHF channels 11 Sydney Harbour – general considerations 3 Important contact details 11 General 3 Useful websites 12 Speed limits 3 Photographs 13 Speed restricted areas 4 Anzac Bridge 13 Conduct within Sydney Harbour 7 Rozelle Bay Superyacht Marina 13 Prohibited areas for general navigation 7 Campbells Cove 14 General 7 Sydney Cove – Circular Quay 15 Restricted access areas 7 Fort Denison 15 Collision or incident reports 8 Garden Island Naval Base 15 Berthing at commercial wharves 8 Walsh Bay 16 Pollution, nuisance or danger 8 Sydney Harbour Bridge 17 Marine Pollution Act 1987 8 Jones Bay Wharf, Pyrmont 17 Pump-out facilities 8 Kirribilli Point 17 Garbage 9 Anzac Bridge 18 Causing of nuisance or danger 9 Glebe Island Bridge 18 Farm Cove 18 Wind frequency analyses 19 FRONT COVER PHOTO: ANDREA FRANCOLINI Executive Summary Welcome to Sydney. The aim of these guidelines is to assist superyacht masters Superyachts are free to enter and move around with their preparations for a visit to Sydney Harbour and to Sydney Harbour subject to compliance with the provide a reference document during the visit. -
Renewal Ultimo Historical Walking Tour
historical walking tours RENEWAL ULTIMO Historical Walking Tour Front Cover Image: Tram passing Sydney Technical College, 1950s (Photograph: City of Sydney Archives) ultimo Then the landscape was remade by sandstone ntil 1850, Ultimo was semi-rural, quarrying on Ultimo’s western edge and by the with cornfields and cow paddocks. construction of a railway and goods yard on its Members of the Gadigal people still eastern shoreline. The suburb became crowded harvested cockles on its foreshores. with factories, woolstores and workers’ housing. Today it has a new identity as a cultural precinct as industrial sites are adapted for entertainment and education. This tour of Ultimo starts in greyness and ends in the technicolour of Darling Harbour. Sydney’s PLEASE ALLOW 1½ – 2 hours for this tour. WHY ULTIMO? history Begin the walk at The story of Ultimo began with a court case is all around us. Railway Square outside the and a joke. In the 1800s, Governor King was Our walking tours will lead you Marcus Clark Building (1). engaged in a power struggle with officers on a journey of discovery from of the NSW Corps. Surgeon John Harris early Aboriginal life through to of the Corps supported him, and became contemporary Sydney. so unpopular with his colleagues that he was court-martialled in 1803. But Harris escaped conviction because the charge stated he had committed an offence on the “19th ultimo” (last month) instead of “19th instant” (this month). When Governor King rewarded Harris with land grants, he Clover Moore MP celebrated the technicality by calling his Lord Mayor of Sydney estate Ultimo. -
Shelter NSW Submission Rapid Assessment Framework NSW Department of Planning, Industry, and Environment Date 12.2.2021
Shelter NSW Submission Rapid Assessment Framework NSW Department of Planning, Industry, and Environment Date 12.2.2021 Introduction Shelter NSW appreciates the opportunity to comment on the Department of Planning, Industry, and Environment (DPIE), proposed Rapid Assessment Framework. Shelter NSW supports the Government’s objective to provide clear guidance and increase the efficiency and transparency of the assessment process for a major project while also improving community engagement standards. Shelter NSW’s submission responds to the growing demand for the NSW planning system to deliver on its promise of a more equitable city, and this includes the capacity to deliver affordable rental housing in one of the most expensive housing markets in the world. An objective of the Environmental Planning and Assessment Act 1979 (d) is to promote the delivery and maintenance of affordable housing. However, there is a growing acknowledgment that a key barrier in meeting this objective and addressing both housing need and affordability is the expanding complexities of the planning system, various legislation, policy and public authorities. Shelter NSW has provided feedback on the proposed changes and associated documentation in the Rapid Assessment Framework package. This feedback is informed by Shelter NSW's involvement with community organisations who are engaged with several ‘State Significant Development’ (SSD) housing projects and associated community engagement initiatives which do not support the delivery of an equitable and sustainable city. We hope these insights help the Government in meeting its overall goals, while also addressing some of the current system failures. About Shelter NSW Shelter NSW has operated since 1975 as the NSW State peak housing policy and advocacy body. -
Contextual Analysis and Urban Design Objectives
Rozelle Interchange Urban Design and Landscape Plan Contextual Analysis and Urban Design Objectives Artists impression: Pedestrian view along Victoria Road Caption(Landscape - Image shown description at full maturity and is indicative only). 03 White Bay Power Station Urban Design Objectives 3 Contextual analysis 3.1 Contextual analysis Local context WestConnex will extend from the M4 Motorway at The Rozelle Interchange will be a predominately Parramatta to Sydney Airport and the M5 underground motorway interchange with entry and Motorway, re-shaping the way people move exit points that connect to the wider transport through Sydney and generating urban renewal network at City West Link, Iron Cove and Anzac opportunities along the way. It will provide the Bridge. critical link between the M4 and M5, completing Sydney’s motorway network. Iron Cove and Rozelle Rail Yards sit on and are adjacent to disconnected urban environments. While the character varies along the route, the These conditions are the result of the historically WestConnex will be sensitively integrated into the typical approach to building large individual road built and natural environments to reconnect and systems which disconnect suburbs and greatly strengthen local communities and enhance the reduce the connectivity and amenity of sustainable form, function, character and liveability of Sydney. modes of transport such as cycling and walking. Rather than adding to the existing disconnection, An analysis of the Project corridor was undertaken the Project will provide increased -
Charter Hall Property Portfolio
CHARTER HALL PROPERTY PORTFOLIO Charter Hall Property Portfolio Period ending 30 June 2019 2 Market Street, Sydney NSW 10 Shelley Street, Sydney NSW CHARTER HALL 1 PROPERTY PORTFOLIO $30.4 b Funds Under Management 844 3.4% Number of Weighted Average Properties Rent Review (WARR) 97.9% 8.2 years Occupancy Weighted Average Lease Expiry (WALE) Richlands Distribution Facility, QLD CHARTER HALL 2 PROPERTY PORTFOLIO CONTENTS CHARTER HALL GROUP 3 OUR FUNDS, PARTNERSHIPS & MANDATES 5 OFFICE 7 CHARTER HALL PRIME OFFICE FUND (CPOF) 8 CHARTER HALL OFFICE TRUST (CHOT) 24 OFFICE MANDATES AND PARTNERSHIPS 32 CHARTER HALL DIRECT OFFICE FUND (DOF) 36 CHARTER HALL DIRECT PFA FUND (PFA) 47 INDUSTRIAL 57 CHARTER HALL PRIME INDUSTRIAL FUND (CPIF) 58 CORE LOGISTICS PARTNERSHIP (CLP) 95 CHARTER HALL DIRECT INDUSTRIAL FUND NO.2 (DIF2) 98 CHARTER HALL DIRECT INDUSTRIAL FUND NO.3 (DIF3) 106 CHARTER HALL DIRECT INDUSTRIAL FUND NO.4 (DIF4) 114 CHARTER HALL DIRECT CDC TRUST (CHIF12) 121 RETAIL 123 CHARTER HALL PRIME RETAIL FUND (CPRF) 124 CHARTER HALL RETAIL REIT (CQR) 127 RETAIL PARTNERSHIP NO.1 (RP1) 137 RETAIL PARTNERSHIP NO.2 (RP2) 141 RETAIL PARTNERSHIP NO.6 (RP6) 143 LONG WALE HARDWARE PARTNERSHIP (LWHP) 145 LONG WALE INVESTMENT PARTNERSHIP (LWIP) 150 LONG WALE INVESTMENT PARTNERSHIP NO.2 (LWIP2) 152 CHARTER HALL DIRECT BW TRUST (CHIF11) 153 CHARTER HALL DIRECT AUTOMOTIVE TRUST (DAT) 154 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2 (DAT2) 157 DIVERSIFIED 161 CHARTER HALL LONG WALE REIT (CLW) 162 DVP 184 DIVERSIFIED CONSUMER STAPLES FUND (DCSF) 185 SOCIAL INFRASTRUCTURE 194 CHARTER HALL EDUCATION TRUST (CQE) 195 CHARTER HALL CIB FUND (CIB) 215 INDEX 216 FURTHER INFORMATION 228 Gateway Plaza, VIC CHARTER HALL 3 PROPERTY PORTFOLIO Charter Hall Group (ASX:CHC) With over 28 years’ experience in property investment and funds management, we’re one of Australia’s leading fully integrated property groups. -
Space For: Going Places
Space for: going places CITY WEST OFFICE PARK 33–35 SAUNDERS STREET, PYRMONT, NSW OVERVIEW 2 Premium office space in a prime location Position your business in premium office space, among high profile brands in the thriving Pyrmont precinct. Centrally located on Saunders Street, City West Office Park offers the unique combination of high quality, modern office space within close proximity to a range of entertainment and dining options. The estate is the location of choice for high profile brands, including Network Ten, Nova 96.9, 9Radio, UNICEF, National Film and Restaurant Brands Australia. Pyrmont has emerged as a thriving media and technology hub, attracting leading brands, including Google, OMD Worldwide, BMF Australia and IBM. VIEW FROM ABOVE 3 Sydney CBD North Sydney Barangaroo King Street Wharf The Star City West Office Park Western Distributor FISH MARKET LIGHT RAIL STATION Sydney Fish Market Anzac Bridge LOCATION 4 Superior connectivity City West Office Park offers convenient access to the CBD, Sydney Airport and local amenities, with major bus routes, Sydney Light Rail and Sydney ferry terminals within walking distance of the estate. Vehicles accessing the estate will benefit from close proximity to City West Link and the Western Distributor, offering convenient Light Rail, buses and connections to greater Sydney. motorways offer superior connections to the CBD and greater Sydney CENTR ALLY CONNECTED 200M 900M 14.7KM to light rail to City West to Sydney 100M 900M Link 2.6KM Airport to bus stop to ferry terminal to Sydney CBD -
Pyrmont Peninsula Place Strategy
Pyrmont Peninsula Place Strategy December 2020 Acknowledgement of Country The Department of Planning, Industry and Environment acknowledges the traditional custodians of the land and pays respect to Elders past, present and future. We recognise Australian Aboriginal and Torres Strait Islander peoples’ unique cultural and spiritual relationships to place and their rich contribution to society. Aboriginal people take a holistic view of land, water and culture and see them as one, not in isolation to each other. The Pyrmont Peninsula Place Strategy is based on the premise upheld by Aboriginal people that if we care for Country, it will care for us. Published by NSW Department of Planning, Industry and Environment dpie.nsw.gov.au Pyrmont Peninsula Place Strategy December 2020 ISBN: 978-1-76058-406-1 Cover image sources: Destination NSW and Shutterstock Artwork (left) by Nikita Ridgeway © State of New South Wales through Department of Planning, Industry and Environment 2020. You may copy, distribute, display, download and otherwise freely deal with this publication for any purpose, provided that you attribute the Department of Planning, Industry and Environment as the owner. However, you must obtain permission if you wish to charge others for access to the publication (other than at cost); include the publication in advertising or a product for sale; modify the publication; or republish the publication on a website. You may freely link to the publication on a departmental website. Disclaimer: The information contained in this publication is based on knowledge and understanding at the time of writing (December 2020) and may not be accurate, current or complete. -
A Realistic Method of Strengthening Iron Cove Bridge
Strengthening of Bridge over Iron Cove, Sydney NSW - A Realistic Design Load Wije Ariyaratne, B.Sc (Eng), M.Eng.Sc, Grad Dip Bus, FIE Aust. Manager Bridge Engineering, Bridge Section, RTA Operations Parvez Shah, B.Sc (Eng), M.Eng (Struc.), Grad Dip Bus, MIE Aust. Manager, Bridge Evaluation and Assessment, Bridge Section, RTA Operations Henry Fok, B.Sc (Eng), M.E Eng.Sc, MIStructE Project Engineer, Bridge Evaluation and Assessment, Bridge Section, RTA Operations ABSTRACT The bridge over Iron Cove on Victoria Road consists of seven steel truss spans of 52m and four continuous plate girder approach spans of 18m. The bridge has a carriageway width of 13.7m between kerbs and it carries four lanes of traffic. In addition it has one 3.1m wide dedicated BUS lane on the southern side and one footway on the northern side. The bridge is on a major arterial road and carries B-Doubles. The bridge was built in 1955 when the design load was MS18 (33t), which was significantly less than current legal loads (eg 42.5t Semi- Trailers and 62.5t B-Doubles). Generally, strengthening of bridges is carried out in accordance with the 1996 AUSTROADS Bridge Design Code (’96 ABDC). However, because of the earlier studies conducted in assessing the bridge, it was evident that strengthening the bridge as per ’96 ABDC would have been exceptionally expensive. In addition, it was thought that the bridge would not experience the live loads stipulated in the ’96 ABDC for the next 50 years or during its expected life. Therefore, the Bridge Section proposed a realistic method of determining live loads for strengthening the bridge for legal loads based on the current legal loads experienced by the bridge, the probability of multiple presences of legal loads and the predicted future growth of legal loads over the route. -
Bridge Aesthetics
Bridge Aesthetics Design guideline to improve the appearance of bridges in NSW Centre for Urban Design | February 2019 The curved bridge over the Woronora River with its pedestrian and bicycle foot bridge hung below the road deck and the remodelling of its foreshores, fits in with the river, topography and sandstone and bush landscape of Sutherland. With its ten spans, 30 metre high piers, and approaches cut into the opposing hillsides the bridge produces a sweeping, dramatic and elegant built form. Acknowledgments This document has been prepared by the TfNSW Centre for Urban Design with input from Bridge Section, Environmental Branch, and the Government Architects. The information in this document is current as at February 2019. All photographs are sourced from Transport for NSW unless otherwise indicated. Cover image: Yandhai Nepean Crossing. Contents Foreword ............................................................................................................................................................................................................................................. 3 Introduction ....................................................................................................................................................................................................................................... 5 1.1 Purpose and structure of the guideline 6 1.2 Urban design policy 8 1.3 Aesthetics 8 1.4 Perception of bridges 13 1.5 Responsibility of the designers 15 Design approach .............................................................................................................................................................................................................................17 -
Western Harbour Tunnel and Warringah Freeway Upgrade
Transport for NSW Western Harbour Tunnel and Warringah Freeway Upgrade Western Harbour Tunnel delivers a new Benefitscrossing of Sydney at Harboura glance and creates Westerna western Harbour bypass Tunnel of delivers the Sydney a new CBD. Upgrading crossing of Sydney Harbour and creates the Warringah The project includes upgrading four Freeway a western bypass of the Sydney CBD. The kilometresproject includes of one upgrading of Australia’s four busiest kilometresroads, ofthe one Warringah of Australia’s Freeway. busiest Ernest St roads, the Warringah Freeway. Falcon St OFF The project includes upgrading RAMP Integrated Miller St y a four kilometres of one of w transport ON e RAMP for faster, more e Berry St r Australia’s busiest roads,reliable the journeys F h a Warringah Freeway. g n i r r New B-Line and bus commuters to a W shared cycle interchange and pedestrian with Sydney Metro pathways and Sydney Trains Waverton Birchgrove Sydney Harbour Bridge Sydney Harbour Tunnel Harbour Sydney Less congestion New direct Rozelle bus routes Anzac Bridge City West Link Providing a western bypass To western of the Harbour CBD Sydney via New M4 To south west Sydney and Sydney Kingsford Smith Airport via New M5 Western Harbour Tunnel and Warringah Freeway Upgrade The Western Harbour Tunnel and Warringah Freeway Upgrade are major transport infrastructure projects that will make it easier, faster and safer to get around Sydney. By creating a western bypass of the Sydney CBD, the Western Harbour Tunnel will take pressure off the congested Sydney Harbour Bridge, Sydney Harbour Tunnel and Anzac Bridge; while the Warringah Freeway Upgrade will streamline the way the road operates, reduce merging, provide a continuous dedicated bus lane, and provide connections to the new tunnels. -
Dexus (ASX: DXS) ASX Release
Dexus (ASX: DXS) ASX release 25 October 2017 Bank of America Merrill Lynch Australian Real Estate Conference presentation Dexus today provides the attached presentation to be used as a basis of discussion with institutional investors at the 2017 Bank of America Merrill Lynch Australian Real Estate Conference. The conference is being held at the offices of Bank of America Merrill Lynch in Sydney. For further information please contact: Investor Relations Media Relations Melanie Bourke Louise Murray +61 2 9017 1168 +61 2 9017 1446 +61 405 130 824 +61 403 260 754 [email protected] [email protected] About Dexus Dexus is one of Australia’s leading real estate groups, proudly managing a high quality Australian property portfolio valued at $24.9 billion. We believe that the strength and quality of our relationships will always be central to our success, and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $12.2 billion of office and industrial properties. We manage a further $12.7 billion of office, retail, industrial and healthcare properties for third party clients. The group’s $4.3 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.8 million square metres of office workspace across 54 properties, we are Australia’s preferred office partner. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by 28,000 investors from 20 countries. With more than 30 years of expertise in property investment, development and asset management, we have a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns for investors.