Macquarie Park is set to be transformed into a world-class innovation district, creating tens of thousands of jobs and more than 7,500 new homes, with a new 20-year strategy now on public exhibition.
Minister for Planning and Public Spaces Rob Stokes said it was an exciting day for one of Sydney’s leading employment centres.
“Our discussions with the local community and businesses have shaped this proposal to create a world-class precinct that will become an economic and employment powerhouse in Sydney,” Mr Stokes said.
“We’ve worked closely with the Greater Sydney Commission (GSC) and City of Ryde Council to deliver a dynamic vision for the future of Macquarie Park through to 2041 and beyond.”
The Macquarie Park Place Strategy plans for:
- 20,000 new jobs;
- Seven new neighbourhoods, delivered in stages, with up to 7,650 homes;
- More than 14 hectares of new parks, squares, plazas, cycleways, linear parks and 2.7 hectares of enhanced open space;
- Enhanced connection to Lane Cove National Park and increased tree canopy across the precinct.
The three Sydney Metro stations delivered in 2019 at Macquarie University, Macquarie Park and North Ryde have laid the foundations for growth in the early stages of the precinct’s construction.
Member for Ryde Victor Dominello said a strong pipeline of local infrastructure, including roads, schools, public transport, open spaces and sporting facilities, would underpin the strategy.
“Macquarie Park will be transformed into a modern hub that will be the backbone of the local economy for decades to come,” Mr Dominello said.
“The infrastructure being built across the Ryde electorate will support the continued growth of Macquarie Park as a health, education and technology jobs precinct.”
The GSC’s North District Commissioner Dr Deborah Dearing said the plans, developed under the State Infrastructure Services Assessment (SISA), are an important milestone.
“The SISA will ensure there’s a proper analysis of the infrastructure needs for Macquarie Park, alongside a place strategy and plan for growth,” Dr Dearing said.
The Macquarie Park Place Strategy is on exhibition until 10 August 2021. For more information, visit www.planning.nsw.gov.au/macquariepark