The New South Wales Government has given the nod to four major rezoning plans in Western Sydney.
The plans include two revamped town centres and thousands of new homes across Fairfield, Villawood, Harris Park and Silverwater in Sydney’s west.
It is the latest attempt by the NSW Government to boost the economy post COVID-19 as the fast-tracked projects look to create 1000 construction jobs.
Premier Gladys Berejiklian said the projects will help create better-connected and more liveable communities across Western Sydney.
Combined, these projects will deliver more than 2000 new homes, inject $500 million into the local economy and create 1000 local jobs during constructionPremier Gladys Berejiklian
“This is about bringing new life and vibrancy back into these town centres and creating well-connected communities so more people can live closer to where they work,” Ms Berejiklian said.
The four planning approvals include a $326 million upgrade to the Villawood Town Centre, a $173.9 million facelift of the Fairfield Heights Town Centre, changes to the Auburn Local Environment Plan and changes to Parramatta’s Local Environmental Plan.
Planning and Public Spaces Minister Rob Stokes said: “The COVID-19 pandemic has generated a shift in economic activity to our suburbs and local centres as more people work from home and avoid commuting into traditional city CBDs,”
“These new town centres seek to create and reinvigorate the existing retail and street frontages, unlocking the potential of our high streets and encouraging the creation of local economies across Western Sydney closer to where people live,” Mr Stokes said.
These four planning approvals take the total investment value in Western Sydney’s fast-tracked projects to $3.2 billion, with a total of 7416 jobs set to be created.