Plans for a $1.49 billion revamp of Mt Druitt CBD have been green-lit, which could see more than 2800 new homes added to the Western Sydney region.
The rezoning proposal takes in 24 hectares of land to facilitate an increase of mixed-use commercial and residential development.
Mt Druitt city rezoning is part of the 24 projects to have its assessment fast-tracked as part of the state's planning system acceleration scheme. The approval comes as plans for an upgrade to Mt Druitt CBD have been in the pipeline.
The green light for the rezoning proposal allows for more than 2,800 new homes to be built, along with new commercial space in taller buildings, retail outlets, cafés and restaurants.
Premier Gladys Berejiklian said the Mt Druitt CBD rezoning project had been “three years in the making”.
“More than 2,900 construction jobs will be created to build this vibrant new hub, as well as thousands more permanent jobs as the new CBD comes to life.”
The approval was welcomed by Mt Druitt mayor Tony Bleasdale, but he added that more funding towards infrastructure was needed.
“This is only an amendment to the planning controls, covering zoning and building heights for Mt Druitt's CBD,” he said.
The $2.2 billion Ivanhoe Estate in Macquarie Park was also approved as part of the state's acceleration program, with City of Ryde mayor Jerome Laxale also calling on the state to invest in public infrastructure to support the project.
Bleasdale said there were privately-funded shovel ready projects ready to go with the latest approval.
“We welcome the premier’s announcement, we need to point out that road, transport and services infrastructure is vital to properly deliver the transformation of Mount Druitt CBD.”