Huge Industrial Development Slated for Sydney West
Two major property developers have teamed up to develop 118 hectares of…
16 December 2019
The NSW government has backed a new vision for Pyrmont and the precinct west of Sydney Harbour consisting of cable cars and floating bars.
The current tourism and entertainment hub will be transformed with a $20 billion waterfront promenade, metro train station, extra ferry services, a major festival and a reopened Glebe Island Bridge.
Geoff Parmenter from the Committee for Sydney lobby groups said, “a taste of what we’re thinking about included a food festival, harbour pools, stand-up paddleboarding, swimming with salmon in a tank, a “splash and dash” fun run, and a “synchronised” film event with 20 floating screens.”
Treasurer Dominic Perrottet said, it is estimated the precinct will unlock a potential $20 billion in capital investment and create 10,000 jobs.
The report also says a “cross-city sky car” could run from Centrepoint Tower in the CBD to Crown’s Barangaroo casino then across the harbour to The Star casino and Sydney Fish Market at Pyrmont.
Premier Gladys Berejiklian said the government would develop new planning controls to turn the Pyrmont area into the “gateway to the CBD”.
Planning and Public Spaces Minister Rob Stokes said on Wednesday the timeframe for developing those controls was “breathtakingly quick”.
“We’re talking about doing it over a period of one year,” he said.
“We believe that is possible, but it’s also going to involve a lot of frenetic activity and focused work in truly identifying the opportunities that exist for all of us.
“I want the precinct to be a shared vision, because that’s what will make it work.”