"Unrivalled" urban renewal opportunity for three Sydney sites

Jennifer DukeOctober 31, 2013

Interest can now be registered on the development of three sites in the Australian Technology Park, in a push to revitalise the Central to Eveleigh rail corridor.

NSW Minister for Planning and Infrastructure, Brad Hazzard, said that this is an urban renewal opportunity "unrivalled" in Australia.

“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,’’ Hazzard said.

Registrations from tenants, investors and owners in these sites, identified by UrbanGrowth NSW, are being sought.

“Every square metre is laced with opportunity but also has to be considered with local community input," he said.

“What is needed is visionaries in the private sector who can make the urban renewal happen."

The gross floor area footprint is set at 102,000 square metres across three sites.

The redevelopment is partly in aims to drive the 14 hectare technology business zone/business park precinct as a major employment hub.

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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