The Sydney Science Park site has been formally rezoned. Celestino can now lodge development applications for its $5 billion science park, at 565-609 Luddenham Road. A spokesperson for Celestino said: “We are officially on our way to realising the vision we have to deliver a truly unique Science City.” The Penrith Local Environmental Plan (LEP) has been amended to allow for science based businesses, high technology industries, educational establishments and research and development. The high-tech hub will create more than 12,000 knowledge based jobs, provide a world-class environment for research and contain 3,400 new homes. Click here to learn more
It’s time to get on with making sure the Western Sydney Airport delivers everything the region needs and more, according to Penrith Mayor John Thain. “For the first time in more than 220 years Western Sydney is starting to see the investment in infrastructure we need, through roads and the construction of an international airport. We need to see this continue with rail and employment generating opportunities to ensure our region continues to thrive.” Penrith Council is committed to maximising the benefits and minimising the impacts of the airport.
Properties around the Western Sydney Airport site are being snapped up quickly and at record highs. Real estate agents have reported both Mulgoa and Glenmore Park are doing consistently well, with acreage in high demand. A property in Mulgoa (pictured) sold in late November for $1.33 million higher than what the sellers paid in 2013. Andrew Reeves, from One Agency Reeves Properties, said demand for any acreage in the Penrith district is “especially high”. Pic by One Agency Reeves Properties Click here to read more
New development and applications
A 6-storey apartment building has been approved for 50-52 Lethbridge Street, Penrith (picture 1). The development includes 57 apartments and basement car parking and will cost over $15.7 million.
Council has also received three separate development applications for six-storey apartment buildings at:
31 Santley Crescent, Kingswood (picture 2). The application totals over $6 million and proposes 25 apartments and two levels of car parking.
60 Lord Sheffield Circuit, Penrith. Totalling over $16.6 million, the application includes 73 apartments and 2 levels of parking
47-51 Preston Street, Jamisontown. The $9 million application, by Prestige Developments Group (NSW) Pty Ltd, includes 53 residential apartments and associated car parking.
An application for a $19.7 million data centre at 13-23 Templar Road, Erskine Park has also been received (picture 3). The application, by Digital Erskine Park 2 LLC, includes associated car parking.
Mayors meet for City Deal
Penrith Mayor John Thain attended a mayoral roundtable in Luddenham last week, where Federal Assistant Minister for Cities Angus Taylor discussed the Western Sydney City Deal and how the three levels of government can collaborate. Penrith Mayor John Thain said it was time to think regionally, not parochially, about what would transform Western Sydney. The City Deal is an historic agreement, bringing together Federal, State and local Councils from the West and South West District and centred around the airport. Mayor Thain (third from left) is pictured with other Western Sydney Mayors and MP Angus Taylor. Click here to watch Assistant Minister Taylor talk about the City Deal
The Australian and NSW governments have committed $70 million toward developing and constructing road improvements to alleviate congestion and improve traffic flow along Mulgoa Road, adjacent to the Penrith City Centre. The concept design for the project is on display until today. Click for moreorwatch a short animation
Please forward this on to anyone you know who may be interested in all that’s happening in Penrith New West. There's still time to subscribe this year!