Olympic towers signal the shape of Sydney’s future development

The plan for 45 storey towers at Sydney Olympic Park signals a lift in the aspirations for development across Sydney, says the Urban Taskforce.

The Sydney Olympic Park Masterplan 2030 has been released.

It sets the scene for growth across metropolitan Sydney, says Urban Taskforce CEO Chris Johnson.

“The site has been struggling to gain critical mass and the big jump in apartment numbers and in jobs will make it a cosmopolitan bustling centre.”

“To really make the site work a new western metro line that also connected the Bays Precinct, Camellia and Strathfield should be planned to relieve the congested western heavy rail line.”

“The NSW Government must stimulate similar development at other centres like Chatswood and Hurstville where the private sector can find it difficult to obtain uplifts in height and density, rezonings and development approvals. A level playing field is required to ensure all development can proceed in a timely manner rather than favouring government owned land.”

“The suggestion of infrastructure levies at Sydney Olympic Park needs to be carefully managed to ensure that they do not slow down development by reducing the financial feasibility.”

“The 45 storey vision for Sydney Olympic Park now needs to be reflected in the District Plans for Metropolitan Sydney that are due out soon.”