$200M WESTERN SYDNEY BUSINESS HUB FAST-TRACKED
The development of a new industrial business hub in Eastern Creek will provide an initial 230 new construction jobs for Western Sydney while injecting $213 million into the economy.
Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said the NSW Government has approved the Concept Proposal and Stage One development of the 39 hectare Light Horse Interchange Business Hub.
“This business hub is a huge win for the people of Western Sydney with the creation of 230 construction jobs now and more on the way,” Mr Ayres said.
“The development of the full facility will create a further 1,000 construction jobs and up to 430 operational jobs once complete.
“This is the latest development to be approved under the NSW Government’s fast-tracked planning assessment program, aimed at keeping the economy moving and people in jobs in the midst of the COVID-19 pandemic.”
To date, the Planning System Acceleration Program has seen more than 80 projects determined, creating the potential for more than $22 billion in economic activity, almost 50,000 new jobs and almost 25,000 new homes and more than four million square metres of new public space, parklands and environmental conservation land.
The Light Horse Interchange Business Hub is one of nine existing or upcoming business parks located in the Western Sydney Parklands that together make up two per cent of the Parklands.
Revenue generated from leasing sites within the business hubs helps Western Sydney Parklands Trust manage and improve the remaining 98 per cent of the Parklands.
Member for Mulgoa Tanya Davies said a thriving Western Parkland City means more opportunities, more jobs and more choice for the people of Western Sydney.
“Western Sydney is one of the fastest growing regions in the nation and the NSW Government is committed to ensuring the Western Parkland City reaches its full potential,” Ms Davies said.
“By using vacant land with low recreational and ecological value, we can create and improve new recreation facilities and cycling and walking tracks while regenerating bushland and improving wildlife movement across Western Sydney.”
As a result of the fast-tracked approval, Stage One work – including site preparation and demolition of existing structures, remediation, provision of infrastructure and the subdivision of land – can begin within six months.
For further information visit: https://www.planningportal.nsw.gov.au/major-projects/project/10631