The Minns government will rezone a 68-hectare precinct surrounding the Metro North West line at Macquarie Park as it seeks to convert excess commercial land into new residential housing to meet the ambitious housing targets agreed to by national cabinet.
Macquarie Park has long been identified as a priority growth region, and its residents will be able to reach the CBD within 20 minutes when the new City and Southwest Metro opens between Tallawong and Sydenham in 2024. The government is planning to unveil a series of similar precincts surrounding other Metro stations in a bid to dramatically boost density.While the Macquarie Park rezoning is separate to those reforms, the Planning Department will lead the rezoning. Planning Minister Paul Scully said it would deliver more density close to the city.
Planning Minister Paul Scully will announce plans for a major state-led rezoning in Macquarie Park on Thursday.“We want to see density in precincts like this be part of Sydney’s future, supporting homes and jobs that are accessible to everyone in the community. The precinct’s growth has the potential to provide a huge economic boost and secure Macquarie Park’s reputation as a world-class place for business, innovation, research, and education.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: smh - 🏆 6. / 80 Read more »
Source: abcnews - 🏆 5. / 83 Read more »
Source: smh - 🏆 6. / 80 Read more »
Source: GuardianAus - 🏆 1. / 98 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »