Penrith recently hosted leading Western Sydney business and community members at the Emerging Cities of the Future Forum.
The Forum, an initiative of Roads Australia,focused on the growth of Western Sydney and specifically how the Western Sydney City Deal provides a collaborative framework that ensures a strong economic and liveable future for the region.
The importance of Council's role in the City Deal process, smart growth, development, infrastructure planning, and connectivity were just some of the vital points covered by Penrith Mayor John Thain in his compelling opening address.
Cr Thain laid out Council's long-term vision for Penrith, highlighting Penrith Progression A Plan for Action - the blueprint to maximise opportunities for residents, businesses and investors.
Penrith is a truly remarkable, liveable and sustainable city, and with the new Western Sydney Airport and major investment in road and rail upgrades underway, is well positioned to become an increasingly important international economy.
Pictured: Penrith Mayor John Thain addresses the Emerging Cities of the Future Forum.
Penrith a property hot spot
Living and investing in Penrith is becoming increasingly popular with a number of the city's suburbs showing impressive property price growth despite a Sydneywide slowdown.
New figures show Luddenham’s median house price soared 26.2 per cent in the 12 months to April while Mulgoa saw a 23.6 per cent spike — both more than five times the Sydney average. The appeal of these suburbs is not surprising; their beautiful outlook, close proximity to the new Western Sydney Airport, land-size and affordability is fuelling this growth.
You don't need to be in only these two suburbs to enjoy Penrith's great lifestyle. People are attracted to the region by our natural landscapes, accessible open spaces, great schools and cultural institutions, our leading health and education facilities, and the range of housing choices available, all within easy reach of both Sydney and regional NSW.
These attributes play an important role in attracting people to Penrith. People enjoy the region so much, data from the Australian Bureau of Statistics shows Penrith has the 4th lowest departure rate in Sydney, with only 6.4% of residents moving away from Penrith between 2015 – 2016.
Leading law firm opens in
Penrith City Centre
Council’s work to attract high quality local jobs to Penrith is paying dividends with leading law firm Coleman Greig opening their newest office on High Street in the heart of Penrith’s City Centre.
The move follows the firm’s tour of major centres in Western Sydney earlier this year, where they heard Council’s Assistant General Manager, Craig Butler, deliver a presentation highlighting the significant growth that is occurring in Penrith and the enormous potential still to be tapped.
Penrith is a great fit and the firm’s new office will be staffed by a carefully selected group of professionals, many local to the area.
Pictured: Principal and head of Coleman Greig's Commercial Property team, Andrew Grima with the head of the firm's Family Law team, Karina Rawlstone, outside their new High Street office in Penrith City Centre.
Registrations of interest called for airport Visitor Centre
WSA Co, the government-owned company building the new Western Sydney Airport, has called for registrations of interestto deliver a purpose-built visitor centre that will provide views over the construction site and give the community and aviation enthusiasts a chance to watch it develop and take shape.
Western Sydney Airport has the capacity to unlock exciting opportunities for Penrith, by providing more locals jobs, increased industry, investment and infrastructure, and opening up our City to Australia and the world.
The American Solar Challenge covers a grueling 2,800 kms; with teams racing from Nebraska to Oregon in four stages and across four American states testing the limits of their solar cars in handling curves, braking and acceleration.
The WSU team covered 733 kilometres in the first stage of the race. Sweltering conditions forced a number of teams to pull out, but the course has proved an easy feat for the WSU solar car team and their car UNLIMITED 2.0 which has led from the start of the race on 14 July.
You can follow the Western Sydney University Solar Team’s journey across the United States for The American Solar Challenge on Twitter, Instagram or on the live tracker .
Development in Penrith
Council has recently received the following development applications:
Proposed development of a Warehouse and Distribution Facility, located at 585-649 Mamre Road, Orchard Hills. The estimated value of the development is over $13.3 million.
Staged concept development comprising Stage 1 Works involving the construction of 51 seniors living villas, civil works and landscaping; and Stage 2 concept development for future independent living units, located at Lot 3990 Jordan Springs Boulevard, Jordan Springs. The development has an estimated value of over $33 million.
Penrith is a place of limitless opportunity. It is located at the point where Sydney’s north-south growth arc, Australia’s most significant future economic corridor, crosses the east-west connection. Penrith is the heart of this Growth City, which we call the 'New West'.