The NSW Government has delivered $39 million in grants to help fund road upgrades in Sydney’s north-west, as part of the Special Infrastructure Contribution (SIC) scheme which is set to deliver unprecedented funding for roads, bridges and intersections in the area.
Deputy Secretary of Planning & Design, Brett Whitworth said funding already provided by developers and land-owners will ensure roads are upgraded to support the community.
“Last financial year, under the Western Sydney SIC scheme, the NSW Government granted $39 million to Roads and Maritime Service and Blacktown Council to commence planning and design for road upgrades worth $600 million for the community,” Mr Whitworth said.
“The grants will help fund upgrades to Burdekin Road, Burdekin Road overpass, Garfield Road, Richmond Road, Hambledon Road North, Boundary Road and Railway Terrace.
“This is in addition to over $500 million of funding provided by the NSW Government and developers to deliver upgrades to Schofields Road, Richmond Road Stages 1 and 2, a new school in the Ponds, and secure 170 hectares of land for biodiversity conservation purposes.”
Mr Whitworth said a revised North West SIC will deliver $1.5 billion for infrastructure in Sydney’s north-west over the next 30 years.
“The revised SIC ensures strategic delivery of infrastructure as development takes place and ensures developers and land-owners contribute their fair share.’” Mr Whitworth said.
“With this funding we will be able to significantly contribute to upgrades of roads and public transport, as well as providing land for schools, health facilities, emergency services and regional parks for current and future residents.
“All of these upgrades are in addition to the North West Metro which will open in 2019 and transport thousands of people to and from the area every day.”
SIC contributions have many benefits for the community, landowners, developers and councils, including:
Under the revised SIC, up to $1.5 billion funding for Sydney’s north-west will be collected and used to fund roads, intersections, bridges ($1.05 billion); public transport infrastructure ($80 million); land for schools ($95 million); biodiversity ($101 million); open space and conservation ($69 million); land for health ($35 million) and emergency services and justice ($7 million); cycle and walkways ($4 million); and planning and delivery costs ($63 million).
Under the revised SIC, the rate identified to fund infrastructure for the North West Growth Area is planned to be $15,426 per dwelling.
The Department has worked with industry specialists to understand the impact of the revised SIC on the cost of new housing. The revised SIC is now on exhibition and we encourage all stakeholders to provide feedback or to make a submission.
Date: 22.10.2018 | File type: pdf | File size: 164.9 KB