- Share:
Business Parks: Precincts that are generally zoned B7 Business Park but may also include components of similar employment zones reflecting their broader functions. These Business Parks support a mix of manufacturing, logistics, warehousing, research and development and office functions that enable companies to consolidate function.
Business Parks in Greater Sydney are further defined as follows:
Commercial Building Approval Activity: Derived from ABS non-residential building activity data, this monitors the value in dollars of estimated building works from Development Applications (DAs) for buildings primarily occupied with or engaged in commercial trade or work intended for commercial trade, including buildings used primarily in wholesale and retail trades, office and transport activities. Data includes new buildings and refurbishments and only refers to development approvals with an estimated value of over $50,000.
Developed Employment Lands: Currently zoned Employment Lands where development (construction or works) has commenced, or where there is a permanent structure in place at the time of data collection. The permanent structure may be used for purposes unrelated to employment lands, except for rural industry or rural residential living.
Development Application: A development application is a request for consent to carry out a proposed development. Development includes subdivision of land, change of land use, construction of a building, carrying out work and demolition of a building or work. See the Environmental Planning and Assessment Act 1979 for further information.
Employment Lands: Land that is zoned for industrial or similar purposes in planning instruments. These uses include manufacturing; transport and warehousing; service and repair trades and industries; integrated enterprises with a mix of administration, production, warehousing, research and development; and urban services and utilities.
Employment Land Precincts: Areas of zoned industrial land (or similar) land which forms the basis of data collection for the ELDM. Precincts range from less than 1.0 hectare to over 500 hectares. Precincts allow us to historically compare significant clusters of industrial land (or similar) across the Greater Sydney and Central Coast Regions. Precincts are not used in the Hunter or Illawarra-Shoalhaven Regions.
Face rent: The quoted base rental rate before taking into account any rent-free periods, rebates or other incentives.
Rezoning: When the zoning of land is changed in a planning instrument. For land to be rezoned, a planning proposal is required to be submitted and go through the Gateway process and be made with Minister’s (or a delegate’s) approval.
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To access previous ELDM Monitors (2010, 2011), please contact the Economics and Land Use Forecasting Team at: data.analytics@planning.nsw.gov.au
Page last updated: 07/02/2020