Wednesday, 16 Oct 2024

Housing at Sydney Olympic Park given government approval

The approved proposal for 300 new dwellings is located above the precinct?s new metro station.


Housing at Sydney Olympic Park given government approval

A new housing development project at Sydney Olympic Park has been given approval from the New South Wales Department of Planning, Housing and Infrastructure.

Located above the new Sydney Metro station, the precinct will include more than 300 new homes and nearly 35,000 square metres of commercial and retail space across three buildings ranging 21 to 45 storeys high.

Minister for planning and public spaces Paul Scully commented that "the NSW government is getting on with the job of actively planning and delivering more homes for the next generation. This approval cements our plan to support the delivery of well-located homes close to transport, jobs and amenities."

Following the precinct's approval, Sydney Metro have outlined their intent to revise the development by including 190 more dwellings, in line with the NSW government's priority to increase housing supply. This will result in a total of 490 homes on the site.

While work on site is currently underway on the Sydney Metro station, the integrated development is not expected to commence construction until 2027, following a review prepared by the future development partner.

Further development opportunities are currently being considered along the line at Westmead, Burwood North and The Bays, while plans for integrated station developments at Parramatta and Pyrmont are under review.

Sydney Metro has also commenced the process to select a developer for over station developments at Hunter Street in the Sydney CBD.

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