Greater Sydney will have three CBDs, new jobs for Western suburbs and new housing for Eastern suburbs under the NSW’s government’s new 20-year plan.
It projects Sydney will need an additional 800,000 homes and 950,000 jobs in the next 20 years and sets out how successive local and state governments can stay ahead of the city’s needs.
The framework, dubbed the “Sydney Plan”, aims to build a ‘nodal’ network of 30 interconnected centres with three main CBD areas in Sydney, Parramatta and Bradfield.
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Planning Minister Paul Scully said the plan provides a road map for where homes, jobs and infrastructure should be built to support growing communities.
“This is about planning ahead, not catching up, so Sydney has the homes it needs for the next 30 years and beyond,” Mr Scully said.
“It also locks in a requirement for an ongoing pipeline of feasible housing supply, so we do not find ourselves back in the position we are in today.
“It recognises that different parts of Sydney have different strengths, supporting more housing in well-serviced areas while driving the next wave of economic growth in Western Sydney,” he said.
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The government projects Western Sydney will be one of the fastest growing employment regions with an increase in jobs of 59 per cent by 2046.
Meanwhile, Eastern suburbs will provide just under half of Sydney’s new homes in the next five years and three quarters of the new housing supply over 20 years.
Major centres with “a strong employment function” will include Blacktown, Norwest, Liverpool, Randwick, Mascot, St Leonards, Sydney Olympic Park, Macquarie Park, Campbelltown, and Penrith.
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Local Government Areas are still bound to the National Housing Accord’s 2029 build targets but the Sydney Plan classifies each LGA and specifies the ideal housing density they should create.
The framework tackles housing affordability with more social and affordable housing including the 8,400 homes promised in the previously announced Building Homes package.
The Planning, Housing and Infrastructure Department has committed to releasing an ‘annual progress update’ to track implementation of the framework and any changes.
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Originally published as Sydney to be transformed with three CBDs and 800,000 new homes
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