A multi-billion dollar development which will cluster world leading organisations focused on food, energy and health science is a step closer.
A planning proposal for the rezoning of 287 hectares of land at Luddenham, for Sydney Science Park, has been given the tick of approval by the community following public exhibition.
The Celestino development, which will create 12,000 smart jobs and 3,400 dwellings, is an Australian first. It will also include:
A vibrant town centre with 30,000 sqm of retail space
340,000 sqm of commercial office, research and development space
100,000 sqm of education space for 10,000 students
New roads and infrastructure, and
Landscaped open space, sporting fields and parks.
Baiada, which owns Celestino, will start Sydney Science Park by building its own food and research laboratories – establishing at least 200 jobs in the first stages of the development. It is anticipated the first commercial building will be occupied by 2018.
"I would like to respond to recent media coverage of comments made by the Prime Minister about his commitment to improved rail in Western Sydney.
Firstly, we applaud his announcement because we have long advocated for this. But we are concerned that the PM’s comments have been misinterpreted by some media, so as to characterise it as being support for a high speed rail connection that will run between the proposed airport, to Parramatta and Sydney City. By our reading of his precise words, this is not what has been proposed and a scoping study of the Western Sydney Airport’s long-term rail needs is still to be completed.
It is our view, and that of the major growth councils, that the real priority is a north-south connection for our one million residents and the significant and major landowners in this growth corridor. The economic productivity and the value uplift that could be generated by an agglomerated outer metro growth arc is just exceptional.
We will continue to promote the great potential of north-south rail and advocate for this to be brought forward, sooner than later."
- Craig Butler, Penrith City Council Assistant General Manager
To showcase the significant investor interest in Penrith New West, we'll be providing a snapshot each fortnight of new development applications received by council that are valued between $5-$20 million:
$13 million mixed use development including commercial and residential at 342-346 High Street.
$6.1 million community facility including a hall, meeting rooms and multi-purpose spaces at Cullen Avenue, Jordan Springs.
$15 million development including apartments and basement car parking at Lethbridge Street, Penrith.
We’d like to announce the winner of our Adventure Capital of NSW competition, conducted at the Urban Development Institute of Australia (UDIA) National Congress earlier this month. Brendan Massy from Wolter Consulting Group in Newstead, QLD, has won a $300 Flight Centre voucher, two night’s accommodation at Mercure, dinners at Hux Grill and Outback Steakhouse and the following adventure activities to enjoy with a partner – indoor skydiving at iFly and jetpacking with JetPack Adventures. Congratulations Brendan! We’d like to thank all those who supported our booth at the UDIA Congress. We enjoyed showcasing our region and spreading the 'Invest in New West' message.
