|UDIA NSW is encouraged by the investment in infrastructure projects for Western Sydney announced today in the 2022-23 NSW Budget.
“The commitment to Western Sydney is extremely encouraging, particularly as the projects announced align with those identified in UDIA NSW Building Blocks Greater Western Sydney Report 2021 to enable growth,” said Steve Mann, CEO, UDIA NSW.
The Building Blocks report pinpointed the missing catalytic infrastructure on land that is rezoned and ‘ready to go’ and which could unlock approximately 69,700, lots in key areas of Western Sydney, creating 40,000 jobs and delivering close to $17 billion to the NSW economy over the next three years.
Today’s commitment of $1.5bn for Western Sydney growth roads program to accommodate employment growth roads include:
- Mulgoa Road
- The Horsley Drive
- M7 Motorway to Cowpasture Road
- Appin Road – (Commonwealth Government funded)
- Springfarm Parkway Road
- Mamre Road
- M4-Erskine Park Road
- Memorial Avenue – Old Windsor Road to Windsor Road
- Western Sydney Long Term Strategic Transport Corridor Preservation
- $1.2bn towards the M12 Motorway to support the Western Sydney airport
- $243.1m on Prospect Highway Reservoir Road and St Martins Crescent
“A focus on enabling infrastructure can deliver a double dividend, with jobs building infrastructure as well as jobs building new housing for Western Sydney,” said Mr Mann. “UDIA has been leading the discussion for city development in Greater Western Sydney through our NextGen West campaign, working with BWS to identify the key issues and opportunities to at last get it right for the west,” he said.
There are three additional announcements in today’s Budget, which have been key areas of advocacy for the campaign:
$680.5m for the Parramatta Light Rail Stages 1 and 2
UDIA NSW welcomes the investment in the Parramatta Light Rail. This key city shaping project is an essential transport enhancement that will link the Sydney Rail network to existing centres and future growth precincts in the Central River City and the Parramatta CBD. The Light Rail will support the delivery of housing diversity and demand in the Central River City, which is expected to take the bulk of future growth in Sydney over the next 5-10 years. This includes up to 44,000 dwellings to support an extra 300,000 residents.
“UDIA sees this as a great opportunity to deliver 30-minute city principles linking existing and future growth centres of Sydney Olympic Park, Wentworth Point, Melrose Park, and the Camellia Rosehill Precinct with the fast-developing Parramatta CBD,” said Steve Mann.
$60m to develop a final business case for a south-eastern extension of the Sydney Metro Western Sydney Airport Project from the current southern terminus at Bradfield to Glenfield.
UDIA welcomes this investment as we have been working with University of Sydney Professor David Levinson to show the access benefits of this connection for South West Sydney.
$246.1m has been allocated for important cultural infrastructure:
- the new Powerhouse Museum in Parramatta; and
- expansion of Museum Discovery Centre in Castle Hill.
“UDIA NSW applauds this strong focus on investing in Western Sydney, which has borne the brunt of the pandemic shutdowns and is weighed down with housing affordability pressures and which requires significant infrastructure upgrades in the years ahead,” added Mr Mann.
Deanna Lane 0416 295 898 or email@example.com.