Time to realise Pyrmont’s opportunity as new gateway to the CBD

Saturday, 5 October 2019

The Sydney Business Chamber says that confirmation by the Pyrmont Planning Review that current planning controls are not appropriate anymore readies Government to finally realise the opportunities of the Pyrmont Peninsula for new investment in innovation, jobs, infrastructure, transport, business and residential growth next to the CBD.
”The Planning Review report has found Pyrmont’s last-century building guidelines are confusing and complex and in need of overhauling. This will allow the Western Harbour precinct to thrive, completing the corridor from Barangaroo to Darling Harbour and the new Fish Market,” said Katherine O’Regan, Executive Director of the Sydney Business Chamber.
“Government can now begin transforming Pyrmont into a hub of innovation and jobs, tourism and growth, making it the new western gateway to the city. Investors need certainty to help make this happen and they should now get it.
“The Planning Review’s report recommends fast-tracking a metro station in Pyrmont and other transport network connectivity, consultation between industry, local government and the community. A vibrant Pyrmont precinct is what Sydney needs to grow into the next phase as a competitive, international city.
“A simplified planning framework replacing the restrictive, out-of-date planning controls must now be a priority for Government. It needs to be developed with a modern, holistic, place-based approach, rather than on a site-by-site development basis.
“This requires a clever, integrated development plan connecting all aspects of the precinct’s transport, building and infrastructure, in order to attract local and international investment and grow jobs.”

Media contact: David Peters 0413 872 491

David Peters

Public Affairs Manager, Sydney Business Chamber