The NSW Government will build a new metro railway station at Pyrmont as part of the mega Sydney Metro West project, greatly enhancing plans to revitalise the inner city precinct to encourage jobs, investment and economic growth.
\nMinister for Transport Andrew Constance said the new station will deliver major benefits to the Pyrmont community and create an unparalleled opportunity to support the Government\u2019s plans to transform the suburb.
\n\u201cThis is so much more than somewhere to catch a train,\u201d Mr Constance said.
\n\u201cIt will become the centre of the community and the western gateway to the Sydney CBD providing not only world-class transport options but opportunities to support new jobs and homes.
\n\u201cModelling also predicts this will be one of the busiest stations on the Sydney Metro West line and will provide customers with more choice.\u201d
\nA Sydney Metro station at Pyrmont will:<\/p>\n
A value share contribution mechanism will be applied to the Pyrmont Peninsula once the Sydney Metro West project opens.
\nIt will require some commercial property owners, other than small businesses, that benefit from increased land values associated with the new station to make an annual contribution to offset the cost of building the station.
\nA one-off Transport Special Infrastructure Contribution will also be applied to certain new developments in the Pyrmont Peninsula in advance of the station opening.
\nThe Pyrmont metro station location is subject to further planning and design work.
\nSydney Metro has worked with the Department of Planning, Industry and Environment and other stakeholders to ensure the plans for a metro station at Pyrmont are consistent with the planning work being undertaken to unlock innovation and investment in the Pyrmont Peninsula.
\nThe Metro project forms part of the NSW Government\u2019s record $107 billion infrastructure pipeline, a key part of the COVID Recovery Plan.<\/p>\n","protected":false},"excerpt":{"rendered":"
The NSW Government will build a new metro railway station at Pyrmont as part of the mega Sydney Metro West project, greatly enhancing plans to revitalise the inner city precinct to encourage jobs, investment and economic growth. Minister for Transport Andrew Constance said the new station will deliver major benefits to the Pyrmont community and … Continue reading “NEW METRO STATION FOR PYRMONT”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-9584","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/9584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=9584"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/9584\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=9584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=9584"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=9584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}