UDIA NSW Welcomes today’s announcement by the Minister for Jobs and Investment, Stuart Ayres that Sydney’s Tech Central is on track to become a global technology hub.

Minister Ayers referred to the rezoning of the Western Gateway sub-precinct and the planning controls now in place to transform an underutilised transport hub into something to rival Silicon Valley.

The creation of 25,000 jobs over 24 hectares once fully developed is a significant boost for employment land in the Sydney CBD.

“This will enable more land to be ready for the arrival of new technology organisations, making it perfectly placed for the development of the 30-minute city.” said Steve Mann, CEO UDIA NSW.

Mixed-use development will be the key to holistically developing great place-based outcomes and attracting new economy jobs to Sydney. There is immense opportunity that the revitalisation of the Western Gateway precinct offers, particularly as locations such as Silicon Valley in the US look to retrofit housing and a more integrated mix of uses.

“Rezonings and development controls need to be flexible, to accommodate both housing and commercial space, supporting the Central to Eveleigh corridor and delivering the jobs and housing that Sydney needs to stay globally competitive.

Government should apply the learnings from the recent draft Macquarie Park Place Strategy, where low housing aspirations will see the area fail to meet its potential and leverage the investment in public transportation.” Mr. Mann added.

ENDS

Media Enquiries:
Deanna Lane 0416 295 898 or dlane@udiansw.com.au.
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