Plans for a precinct around Sydney Olympic Park Metro Station have been greenlit by the NSW Department of Planning, Housing and Infrastructure.
The precinct, anchored by three towers of up to 45 storeys, was supported by the NSW Government’s Homebush Transport Oriented Development proposal.
The towers will comprise more than 300 apartments and 35,000sq m of commercial and retail space.
The plans will be reviewed by a yet-to-be-selected development partner ahead of work commencing in 2027.
There are a further 18 towers detailed in the precinct masterplan that proposes a huge transformation for the suburb that was the home for much of the 2000 Olympic Games.
The announcement that the government had given the concept the tick of approval came as tunnel-boring machines Daphne and Beatrice broke through at the station, marking the end of an 18-month journey to carve two tunnels to the site from The Bays.
Sydney Metro how wanted to amend the plans to add a further 190 homes to the site, which would be consistent with the state government plans for the area; taking the total number of apartments to 490 across the three towers.
Development opportunities are also being considered for along the rail line at Westmead, Burwood North and The Bays.
And plans for integrated station developments at Parramatta and Pyrmont are under review.
NSW transport minister Jo Haylen said Sydney Olympic Park was one of the big winners from the Metro West project.
“Delivering 300 homes above a new metro station is yet another golden opportunity for our city,” Haylen said.
“Sydney Olympic Park metro station will have sports and entertainment fans cheering when it provides unrivalled access to our biggest venues, with ... 15-minute metro trips from the city and a five-minute hop to Parramatta.
“With bus, train, ferry and light rail connections also close by, it’ll make it even easier for us to handle large crowds when the world’s biggest stars come to town.”
The Homebush Transport Orientated Developer is expected to provide capacity for up to 16,100 additional homes across 200ha of land between the Sydney and Parramatta CBDs.
It was announced by the state government alongside Bankstown and Crows Nest rezoning proposals in July.
