DAILY TELEGRAPH – 7th July
North Sydney will be getting a much-needed facelift which is set to transform the older-style CBD into a new mecca boasting a central public plaza, “eat street” and the tallest building outside of the Sydney city area. The revitalisation is being driven by the new Victoria Cross Metro station opening in 2024.
After years of being the poor cousin to the likes of Parramatta, North Sydney is “getting its mojo back” with plans to turn the drab centre into a pumping metropolis.
It will also regain its status of having the tallest building outside the Sydney city CBD.
Driven by the new Victoria Cross Metro station opening in 2024 and North Sydney Council regaining control of a major carpark next year, a master plan for the Ward St precinct has been released, an area with a land value of more than $200m.
North Sydney Council said 5481sq m of open space at the heart of the development will “supercharge” growth and expand the CBD further towards North Sydney Oval.
The precinct has two entrances to the new Victoria Cross Metro station, which will link to Bankstown and Rouse Hill.
“With the new Metro you’ll only be five minutes from Martin Place,” North Sydney Council general manager Ken Gouldthorp said.
“So the harbour — while it is still a great recreational facility — will no longer segregate the CBD is in the way it has before. I expect that we will see greater interaction.
“The northern and southern CBDs of Sydney will start to blur.”
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