The Property Council of Australia has welcomed today’s release of the draft Sustainable Sydney 2030 vision for the City of Sydney, saying it was big bold vision which stakeholders can overwhelmingly get behind.
“The City of Sydney is Australia’s pre-eminent economic precinct and this new vision is very welcome,” said NSW executive director Ken Morrison.
“The draft strategy puts some big exciting ideas on the table. Now we need to focus on how these can be translated into reality and we look forward to playing our role in this.
“Proposals such as the Western orbital undergrounding, green transformers, city walkability and transport, and new city plazas are particularly exciting.”
Mr Morrison said the final strategy would need to better set out a vision for the future growth of the CBD.
“We all know that the CBD will look dramatically different in 2030 than it does now.
“Since 1990 over 1.2 million sq m of office space alone has been added. The CBD will need to keep growing to achieve the strategy’s population and employment targets as well as the renewal areas described in the vision.
“The CBD will become a lot taller and boast the next generation of high quality increasingly sustainable buildings. This strategy needs to paint a picture of what this might look like.”
Mr Morrison said the property industry would prepare a comprehensive response to the draft report.
“Like all bold visions, it faces the challenge of implementation and detail.
“There are many proposals here we think we can assist with. There are other new ideas we would also like to put into the mix.
“No doubt there will also be some proposals which won’t stand the scrutiny of feasibility.”
Mr Morrison congratulated the City on its highly consultative approach to date.
“The Lord Mayor and the 2030 team have consulted closely with stakeholders.
“At the end of the day buy in from other tiers of government, business and the community will be vital to delivering the 2030 strategy.”
Ken Morrison, NSW Executive Director, Property Council of Australia, 9033 1906, 0412 233 715.