Commendation for New West + Penrith an ‘investment hotspot’ + PDAP member recognised

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Penrith is New West

Penrith 'New West' commended

Penrith City Council was commended this week at the 2016 National Growth Areas Alliance (NGAA) Awards. Judges noted that Council's Penrith New West approach - which is about seizing opportunities for our growing population - has “huge potential” which others should be “encouraged to study”. Council's submission outlined highlights of the past year and stated: "New West promotes a progressive and proactive culture. Our Council and community are uncompromising about our aspirations and excited about maximising Penrith City’s potential. We will continue to foster partnerships that benefit the Penrith community and help create a capital city for the future." Assistant General Manager Craig Butler accepted the award from NGAA Executive Officer Ruth Spielman.

New West on international stage

Penrith New West was featured at the 16th International Cities, Town Centres Conference (ICTCC) in Launceston on 9-11 November.
Council’s Economic Initiatives Manager Kylie Powell and Place Manager Jeni Pollard were invited to present on actions that are revitalising Penrith City Centre. ICTCC is an annual event that brings together key town and city decision makers to share city planning, place making, economic development and innovation experiences.

Penrith an investment hotspot

Penrith City is being heralded as Western Sydney’s investment hotspot. Residential developments, like Payce’s latest project Harts Landing (pictured) are a major drawcard for investors.
“The NSW State Government has made Western Sydney a key strategic priority with Penrith poised to benefit from huge infrastructure projects,” said Link’s national sales director Rhys Morgan in a recent Daily Telegraph article. Read more
The Sydney Morning Herald reported on 4 November that "Penrith is coming into its own". Read more
Penrith is considered one of the most liveable suburbs in the West. 
Click for more on a recent study undertaken by Tract Consultants and Deloitte Access Economics.

Property panel member recognised

John Elvy has been acknowledged with an honorary life membership of the Property Council of Australia.
Mr Elvy, who is a member of Penrith City Council’s Property Development Advisory Panel (PDAP), has been in the real estate and development profession for over 40 years and is a leading figure in the property industry. He is currently working with other PDAP members to help transform Penrith City Centre and deliver jobs for the future.

Penrith City development

Council has recently approved a six-storey residential apartment building at 115-119 Derby Street (pictured). The development, totalling $10.5 million, includes 61 apartments and 2 levels of basement car parking. Council has also received the following development applications:
  • A $19.1 million six-storey residential apartment building at 26 Lord Sheffield Circuit, Penrith. The application, by Urban Apartments Pty Limited, also proposes car parking. 
  • The subdivision of land within the Caddens Hill Estate into 257 residential lots. The application, totalling over $16.1 million, also includes the creation of the Caddens Hilltop Park.

Council reviewing airport approval

Last week the Federal Minister for the Environment announced more than 40 environmental conditions to govern the construction and operation of Western Sydney Airport (artist's impression above). Council is reviewing the conditions and assessing how they align with Council’s position on maximising benefits and minimising the impacts of the airport on the Penrith City community. Click for more

Have your say

The Australian Government has released a discussion paper on ways to fund essential city infrastructure. The paper highlights the challenges and opportunities value capture presents and sets out a range of possible options for action. It is hoped the paper will generate further ideas from other governments and from industry and the community.
Click here for more
The Greater Sydney Commission (GSC) is holding community information sessions to provide more detail on District Planning. Greater Sydney has been divided into six districts and Penrith forms part of the West District. The West District information session will be held on Thursday 1 December. Click here for more
The Jane Street and Mulgoa Road intersection upgrade is now on public exhibition. The Roads and Maritime Services (RMS) are seeking feedback until Wednesday 14 December. The RMS will host two community information sessions in Penrith and Cambridge Park in November to answer questions and receive feedback. Click here for more
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