Changes to Olympic Corridor and Olympic Peninsula
The NSW Government’s focus for urban growth has switched from greenfield sites on the city’s fringes to renewal of inner city brownfield sites. Sydney Olympic Park continues to be one of Sydney’s most successful mixed use urban regeneration areas.
A Plan for Growing Sydney
A new metropolitan strategy for Sydney has been introduced to manage growth of the city which is expected to increase by 1.6 million people by 2031.
A Plan for Growing Sydney sets the vision for Sydney as a strong global city and a great place to live and outlines plans to:
- accommodate the 664,000 new homes that will be needed,
- provide the conditions for growth in jobs, and particularly ‘jobs close to home’
- create places that people will enjoy living in, and
- protect our unique natural environment.
A Plan for Growing Sydney highlights the importance of Parramatta as Sydney’s other CBD and the significance of the Olympic corridor which connects and supports the two CBDs.
The Olympic Peninsula and Corridor
The Olympic Corridor and, more specifically, the Olympic Peninsula, has become THE development hot spot in Sydney, providing a significant number of new homes and new jobs for Sydney. New developments is under construction or planned for the following areas:
- Rhodes Peninsula - new homes and jobs in the Rhodes peninsula, which is now expecting a population of 22,000 by 2016. Planning has also commenced for a new priority precinct at Rhodes East.
- Wentworth Point - An increase in residential development is expected at Wentworth Point as a result of improved access provided by the Homebush Bay Bridge as well as a new Priority Precinct. The expected population has increased to over 20,000 residents.
- Carter St - A new Priority Precinct is being planned at Carter Street, with an expected daily population of 19,000 residents and workers.
- Camellia - Camelia has been identified as a new Priority Precinct by the NSW Government, and is expected to grow significantly in the next 20 years. Current planning for land use has significant areas of employment generating uses across the precinct and a mixed use / residential area similar in scale to Rhodes. A number of key transport initiatives are being planned to improve connections between Parramatta CBD and Sydney Olympic Park.
New transport links are under construction or in planning which will improve connectivity and benefit Sydney Olympic Park and and the Olympic Peninsula, including:
- Homebush Bay Bridge - Reaching some 300 metres across Homebush Bay, the bridge is designed for pedestrians, cyclists and public transport. It will connect the growing communities of Rhodes and Wentworth Point to parklands, shopping, entertainment and other facilities and will help reduce private car use.
- WestConnex - improvements which will be delivered as part of WestConnex include a westbound Hill Road off-ramp, the eastbound M4 on-ramp that were announced last year and are already being delivered under WestConnex.
- Western Sydney Light Rail - The preferred network includes a new route through Greater Parramatta connecting Westmead Hospital, Parramatta North, Parramatta CBD and Camellia with Sydney Olympic Park and Strathfield, to meet the emerging transport needs of the region.