The Sydney Business Chamber says the rail corridor from Central to Eveleigh will be transformed into a vibrant innovation and technology precinct, attracting the best knowledge workers and boosting economic investment for the city.
“The Chamber has welcomed the NSW Government’s announcement to commit to establishing a technology and innovation precinct in the Central Station to Eveleigh Corridor to create a major new jobs hub that will enhance Sydney’s position as not only a key financial hub in the Asia Pacific but a leading city supporting the innovation and technology sectors,” Patricia Forsythe, Executive Director of the Sydney Business Chamber, said.
“The transformation of this area, which includes over 50 hectares of government-owned land, is as important to the future development of the Sydney economy as was the revisioning of the State Abattoir to become Sydney Olympic Park, or the dockland that was transformed into Barangaroo.
“Across the world large underutilised industrial sites are being transformed into key economic hubs such as Hudson Yards in New York City and the opportunities for the Central to Eveleigh corridor with two major universities, Sydney TAFE and an emerging start-up community to become a centre of new industries is strong,” Mrs Forsythe said.
“Collaboration areas are part of the Greater Sydney Commission’s vision, and already there is a spirit of collaboration amongst the key institutions with a stake in the area.”
Mrs Forsythe has been invited to join a taskforce to provide strategic advice on the transformation and developments of the Central to Eveleigh area as a dynamic precinct.
This announcement is a major win for the Chamber, which has held four forums
in the past three years highlighting the opportunities for integrated development in the Central precinct to provide new spaces to support the growing Sydney economy.
One of these events focused on innovation districts and collaboration with Sydney University and UTS with international planning expert Julie Wagner, from the Brookings Institution.
“This will be a once-in-a-generation transformation which has been recognised by the NSW Government,” she said.