Employment lands are areas zoned for industrial or similar purposes in planning instruments. They are generally lower density employment areas, and provide the essential space for the delivery of:
The industries and business that locate in these spaces support jobs growth and development, as well as generate significant economic benefits for the community. They are crucial to the functioning of cities and it is critical that there is enough land located in the right places for this to occur.
The Department has been monitoring the status and availability of existing and potential future industrial land and business parks as part of the Employment Lands Development Monitor (ELDM) since 2010. It covers the Sydney, Central Coast, Hunter and Illawarra-Shoalhaven Regions. Reporting for the Hunter and Illawarra-Shoalhaven Region’s commenced in 2017 and 2018 respectively.
Its aim is to provide the data and evidence needed to inform planning decisions that enable job creation and the functioning of a city.
The Employment Lands Development Monitor is an annual snapshot taken at a point in time. As such, the ELDM land audit and associated data is taken as at January 2020 and does not take into account any impact of COVID-19. However, some reporting included in the ELDM such as the industrial, commercial and retail reports provide a more recent outlook across the first half of 2020 including the impact of COVID-19 whilst also acknowledging that the impact on the market is yet to be fully considered at this point in time.
Since 2019, the Department’s Employment Lands economic analysis has been expanded to report on Sydney’s commercial, industrial and retail activity. These sectors play a vital role in the community, providing employment opportunities and essential goods and services. This reporting provides analysis on the value of commercial, industrial and retail approvals, as well as commentary on the demand for these types of property, with the impacts of COVID-19 yet to be fully considered on the market.
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Page last updated: 12/04/2021