Sydney's Central Railway Station airspace to be developed

Jonathan ChancellorJuly 11, 2013

The development of the airspace above Sydney's central station has been proposed by the NSW Government continuing the State Government's asset sales program.

The NSW Minister for Planning, Brad Hazard has unveiled a concept plan shows a cluster of high-rise buildings over Central station platforms stretchingthe corridor between Central and Eveleigh and along the Belmore Park perimeter.

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They will have high rise buildings above the tracks emulating previous localities including Edgecliff, Chatswood and Kogarah.

"This is a golden opportunity Sydney can offer up," he said.

It was dead space which could become a new heart of Sydney over the next 10 to 15 years, he added.

Brad Hazzard said it was an urban renewal opportunity unrivalled anywhere in Australia.

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"We believe there is the opportunity for a world class redevelopment of the corridor on a scale that reflects Sydney’s global city status," he said.

"Similar models have been successfully implemented in New York, Paris and London.

"By building above the rail lines and on underutilised land we can potentially make available more than one million square metres of new floor space - double the size of Barangaroo."

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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