Premier Dominic Perrottet said: "We have a once in a generation opportunity to reimagine this iconic part of our CBD and transform it into a world-class precinct of shops, restaurants, office spaces, parkland and additional housing.
Our vision will convert Central precinct into a must-visit part of our city for locals as well as for domestic and international travellers."
Key benefits
- A renewed Central Precinct will support the needs of a diverse community. This includes:Principles for Connecting with Country embedded from the start of the renewal
- Celebrating Aboriginal and non-Aboriginal heritage and culture
- Reviving Central Station as a global transport interchange, meeting the needs of local, regional and international travellers, including revitalising the Sydney Terminal Building
- Three new parks, Central Green, Central Square and Mortuary Station Garden, for locals and visitors to enjoy
- Improving connectivity in this part of the city with new pedestrian connections in and around the precinct and to surrounding neighbourhoods
- High quality office space for small businesses, creative and research industries, start-ups through to established Tech companies, as part of Tech Central
- New community, cultural and recreation spaces
- Creating new dining and retail destinations
- A community and social services hub to support rough sleepers or people in disadvantaged situations
- Housing, including 15 per cent of all new housing affordable and target 15 per cent diverse housing
- Contributing to the NSW Government’s 2030 goal to reduce emissions by 50 per cent and reach net zero emissions by 2050.
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