The first stage of Sydney’s Tech Precinct at Central Station and improved rail networks across the State are part of the latest tranche of projects in the NSW Government’s Planning System Acceleration Program.
Planning and Public Spaces Minister Rob Stokes today announced 13 new projects that will be determined within the next four weeks. If approved, the projects could inject $4.3 billion into the NSW economy and create opportunities for more than 8,400 new jobs.
“The fast-tracked assessment program is a key part of the NSW Government’s COVID-19 Recovery Plan as we continue to get shovel-ready projects out the door to keep people in jobs and keep the economy moving,” Mr Stokes said.
“This latest tranche of projects could enable the next step in Central Sydney’s technology transformation, as well as major revamps for the Kensington to Kingsford light rail corridor, a billion-dollar renewal of Blacktown CBD and a new over-station development at the future Crows Nest Metro Station.
“Improved freight rail capacity for south Sydney and Port Botany, the Narrabri to North Star section of the Inland Rail, a new educational facility in Campbelltown and a Cricket NSW Centre of Excellence at Sydney Olympic Park also make the list.
“To date, we’ve determined 67 projects through the Planning System Acceleration Program since it launched on 28 April, which has created the opportunity for almost 40,000 jobs, $17.7 billion in economic benefit, more than 18,000 homes and more than 4 million sqm of open space, parks and land for environmental conservation.”
To be considered for a fast-tracked assessment through the Planning System Acceleration Program, a development application (DA) or rezoning must already be in the State’s planning system, deliver a public benefit and demonstrate an ability to create jobs during construction and once complete.
The Department of Planning, Industry and Environment has selected projects that will be able to commence construction within six months (for a State Significant Development application or State Significant Infrastructure application) or where a DA could be lodged within six months (for a rezoning).
The same stringent checks, balances and community consultation that ensures transparency, public benefit and merit-based assessment of projects remain in place.
The Planning System Acceleration Program complements the NSW Government’s recent announcement of $83 million for the NSW Planning Reform Action Plan that will slash assessment times for rezonings, regionally significant developments and State Significant Developments.
Decisions will be made on the projects by 14 August 2020. For more information visit the Fast-tracked assessments page.