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PROPERTY COUNCIL SUPPORTS FAST TRACK Featured
28 May 2020 Posted by 

PROPERTY COUNCIL SUPPORTS FAST TRACK

Master list of shovel-ready projects
THE Property Council of Australia has welcomed the announcement from the NSW Government that the future Mamre Road employment lands will receive a fast-tracked assessment as part of the second tranche of the NSW Government’s Planning Acceleration Program.
 
The announcement joins 11 other projects across Western Sydney in the tranche.
 
These include new town centre plans for the Fairfield and Villawood, the Eastern Creek Retail Centre, a new school for Marsden Park, waste recovery facilities at Girraween and Camden, and spot rezonings in The Hills, City of Parramatta and Wollondilly LGAs.
 
“Mamre Road has the potential to be a big win for jobs in Western Sydney,” Ross Grove, the Property Council of Australia’s Western Sydney Regional Director said.
 
“Our region needs a strong supply of productive industrial land to support local job growth, economic growth and provide support to the operations of the new airport.
 
“Demand for floorspace is growing with more needed to support population growth, consumption and structural trends such as Ecommerce. Retail trade and transport, postal and warehousing currently make up 59 per cent of total floorspace take up across Australia’s cities.  
 
“The Property Council and its members have strongly advocated for the release of the Mamre Road Precinct ahead of broader master planning efforts for the Western Sydney Aerotropolis so the increasing demand for employment land in Western Sydney can be met. 
 
“Western Sydney is taking shape as the logistics and advanced manufacturing capital of Sydney. There is a growing need to provide opportunities for international and domestic businesses to invest and this land release is an important step in unlocking our region’s future potential.”
 
The Property Council has been working with the NSW Government over the last few weeks to put forward a solid list of projects that are ‘shovel ready’ to provide jobs, public benefits, and growth. 
“The fast tracking of these projects and planning approvals will enable the property industry to contribute to the coming economic recovery,” Mr Grove said.
“A strong pipeline of future work is essential if we are to keep our industry working. Businesses, workers and families – who rely on property for jobs and to keep our economy moving – are vital to the post COVID-19 economic recovery.”


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