11 June 2008
Todays NSW Government State Infrastructure Strategy could help bring about the rapid release of 11,000 hectares of employment land in Western Sydney and support $2 billion in new job-creating development.
This strategy brings the release of new employment land officially called the ˜Western Sydney Employment Lands Investigation Area- one step closer.
By creating tens of thousands of new local jobs in Western Sydney, locals will enjoy the benefits of less time spent travelling and more time with their friends and family.
Everyone in Sydney will win with reduced pressure on the existing congested public transport and roads. We welcome the State Infrastructure Strategys commitment to look beyond the traditional manufacturing industries and embrace knowledge-based jobs.
The strategy recognises the importance of pharmaceuticals, information and communications technology and advanced manufacturing. It recognises that many of these activities will be located in business parks away from older industrial areas, and requires new supporting infrastructure.
Were thrilled at the prospect of Silicon Valley style development in the heart of the Western Suburbs, Mr Gadiel said.
The strategy boosts hopes that 11,000 hectares would be made available for new workplaces by:
- committing spending towards the F3 to M2 Motorway link, and the M4 extension; and
- moving to preserve a corridor for a major road connecting the F3 and the M7.
Sydneys population is anticipated to grow by 1.1 million people by 2031, Mr Gadiel said.
This means Sydney needs 640,000 new homes and extra road and rail capacity to match.
Were pleased todays Strategy provides further evidence that the North West metro is on track for a 2010 construction start date.
The North West Metro connects Sydneys central business district to the North West growth centre – a 10,000 hectare area in Baulkham Hills, Blacktown and Hawkesbury council areas. Ultimately it will have 66,000 new homes a city the size of Wollongong.
Its also good to see plans for the 13 kilometre $1.36 billion South West Rail Link firmly locked into the governments infrastructure priorities, Mr Gadiel said.
The South West Rail Link is a 13 kilometre line connecting the South West growth centre to the CityRail system.
This 17,000 hectare area in the Liverpool, Camden and Campbelltown council areas will ultimately have 115,000 new homes a city the size of Canberra.
The strategy promises government action on the widening of the Camden Valley Way from Cowpasture Road to Narellan Road. It also places the widening of the F5 from Brooks Road to Narellan Road firmly on the governments infrastructure agenda. The Urban Taskforce is a property development industry group, representing Australias most prominent property developers and equity financiers.