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NSW Government reveals masterplan for third CBD – Medical Marijuana Program Connection
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The NSW Government has unveiled the masterplan for its future third CBD at Bradfield. The masterplan, which sets out a framework for future developments, will shape the future of a business district set to deliver 20,000 jobs and 10,000 new homes.
Five times the size of Barangaroo, the masterplan earmarks the key areas for the new city, including homes, streets and roads, city blocks, parks and open space, commercial and retail precincts, and infrastructure strategies.
The masterplan is still in need of approval, but once it is green lit, the city site will then become the subject of intense development across an array of sectors. The state government hopes to deliver the city in stages, with in excess of two million sqm of gross floor area to be created across the CBD, all in close proximity to the future Western Sydney International Airport.
“Western Sydney is the third largest regional economy in Australia, with one of the most rapidly growing populations,” says Minister for Western Sydney Prue Car.
“Providing better paid, highly-skilled jobs close to where people live, with the right infrastructure, is key to improving the lives of people in Western Sydney. This masterplan shows how investment in the area surrounding the new airport will drive growth and better opportunities for all Western Sydney.
“This is a once-in-a-generation opportunity to transform Western Sydney and can only be realised if we work together to…
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