Construction approvals set Western Sydney up for $500m economic boost

western-sydney-construction-approvals

Four major rezonings have been approved by the New South Wales Government to generate 1000 local jobs during construction. The approvals will deliver 2000 new homes and inject $500 million into the economy.

Projects in Harris Park, Fairfield, Villawood and Silverwater were recently fast-tracked through the State Government's Planning System Acceleration Program in an effort to create more liveable and better-connected communities across Western Sydney.

“This is about bringing new life and vibrancy back into these town centres and creating well-connected communities so more people can live closer to where they work,” Premier Gladys Berejiklian said.

The four rezoning plans will see:

  • changes to Parramatta’s Local Environmental Plan to enable improved pedestrian access and further housing near Parkes Street, Harris Park.
  • changes to the Auburn Local Environment Plan to allow an existing warehouse site to be converted to office space in Silverwater
  • a $173.9 million facelift of the Fairfield Heights Town Centre to breathe new life into its high street with increased building heights and floorspace
  • a $326 million upgrade to the Villawood Town Centre to transform existing lots into a vibrant mixed-use precinct

Planning and Public Spaces Minister Rob Stokes said the changes will be crucial to unlocking the future economic potential of Western Sydney’s suburban centres.

“The COVID-19 pandemic has generated a shift in economic activity to our suburbs and local centres as more people work from home and avoid commuting into traditional city CBDs,” Stokes said.

“These new town centres seek to create and reinvigorate the existing retail and street frontages, unlocking the potential of our high streets and encouraging the creation of local economies across Western Sydney closer to where people live.”

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