More jobs, improved infrastructure, and public transport and greater housing choice are the key pillars of the New South Wales Government’s interim growth plan for the greater Parramatta area. The Government’s interim plan, called the Land Use and Infrastructure Implementation Plan, was created with the City of Parramatta and the Greater Sydney Commission.
The interim plan outlines how the Government plans to connect the vibrant city area of Parramatta with more homes, jobs and essential services. The plan’s goal is to guide redevelopment and identify the infrastructure needed for continued growth of the region.
Covering almost 3,500 hectares, the Growth Area includes land in twelve precincts – Westmead, Parramatta North, Parramatta CBD, Harris Park and Rosehill, Camellia, Rydalmere, Carlingford Corridor (including Telopea and Dundas), Silverwater, Sydney Olympic Park and Carter Street, Wentworth Point, Homebush and Parramatta Road.
The Government is also progressing planning for the Precincts at Wentworthville, Burwood, Strathfield and Homebush which are within or adjacent to the growth area.
Working together with key stakeholders, the plan is designed to feed into the greater Sydney Commissions Growth Infrastructure program to prioritise the development of new district open spaces, road upgrades and or new or upgraded schools and infrastructure across the Greater Parramatta area to ensure a livable, well-connected community.
Plan highlights include:
113,000 forecasted additional new jobs across a range of professions and industries over the next 20 years.
72,000 new homes are planned that are close to jobs, shops, parks and services over the next 20 years.
Improved public transport to create a well-connected, accessible city by working in conjunction with Transport for NSW and Roads and Maritime Services to incorporate projects such as Parramatta Light Rail and Sydney Metro West.
Improved connectivity and activity with funding to be provided for more open spaces along the Parramatta River and improved access to new and upgraded walking and cycling paths.
Enhancing the local culture including new opportunities for retail, office and residential space and a more active and vibrant town centre at Sydney Olympic Park, while retaining its key function as an events space.
As the Sydney population grows, it stands to reason that there will be ongoing opportunities for property investors to help in the redevelopment and growth across the Greater Parramatta region over the coming years.