The Sydney Olympic Park Masterplan 2030 has been revealed

Monica Gameng   |   October 12, 2016

The New South Wales Government has revealed the Sydney Olympic Park Masterplan 2030 which highlights a massive redevelopment of the Homebush precinct. The plans include an increase in homes by more than 1000% - with the number of residential properties increasing from 800 to 10,700.

The State Government is also aiming to double the number of jobs in the area to up to 34,000 over the next 14 years.

The development area has a total of 640 hectares and the town centre, which is the focus of the redevelopment, will occupy at least 210 hectares. 

Sydney Olympic Park Masterplan 2030 (source: Business Insider Australia)

According to Sports Minister Stuart Ayres, the Homebush area was one of the city’s “most treasured precincts”.

Sydney Olympic Park will be buzzing with world-class sporting events, concerts and entertainment, amid lively streets bustling with shops, cafes, with extensive parks, open space and shared pathways for cycling and walking,” Mr Ayres said.

Planning Minister Rob Stokes said that the redevelopment will create “a vibrant town centre” which will guarantee the future of Sydney Olympic Park as a booming and sustainable destination seven days a week.

Watch this space for more updates on this redevelopment project by subscribing to Felix Project News today.

Source: Business Insider Australia

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

Projects
$900m New Acland mine expansion in QLD receives Federal approval

New Hope Group’s $900 million New Acland coal mine expansion in Queensland has finally been given Federal approval and is one step closer to construction – a decade after the proposal was submitted.

Projects
Multiplex to deliver $900m Westmead Redevelopment in NSW

Multiplex has been appointed as the head contractor to deliver the $900 million Westmead Redevelopment – New South Wales’ biggest hospital redevelopment project.

Projects
Another milestone reached for $900m Adelaide Festival Plaza redevelopment

The Development Assessment Commission has given Walker Corporation the green light to push forward with their $500 million development at Adelaide Festival Plaza, marking another milestone for the redevelopment of the precinct.

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog. Join thousands of construction and mining pros getting the best content right in their inbox.
  • updates on Australia's pipeline of state and federal projects
  • fresh contract awards from major contractors and builders

If you're looking to contact us about other matters, please contact us.