The New South Wales Government has approved The City of Sydney’s new planning framework for Central Sydney which aims to promote job creation, economic growth and protect inner-city heritage.
The Central Sydney planning framework will, for the first time, allow for buildings taller than 300 metres in the right locations to create space for business and investment to grow, while safeguarding public spaces.
This vision for Sydney’s future backed by the most detailed planning review of the city centre in more than four decades will play a critical role in Sydney’s recovery from the impacts of the Covid-19 pandemic.
Director City Planning Development and Transport, Graham Jahn AM, said, “The City of Sydney has conducted extensive consultation with local communities, businesses and landowners in the development of this important planning vision.
“We have been given the green light to move forward and implement our work to make Sydney a global destination for businesses, visitors and our residents in the wake of the devastating coronavirus pandemic.
“Allowing the city to grow with carefully located towers that respect heritage sites and buildings and ensure sunlight and access for our wonderful public spaces is an important achievement.
“This will build on the city centre’s attractiveness as a great place to work, invest, play and live while protecting our city’s identity for all to enjoy and benefit from.”
The City of Sydney has welcomed the New South Wales Government’s commitment to increase the developer contribution levy to three per cent.
This will help fund the public spaces and facilities that are needed to support the growth of Sydney as a global city centre, and build on Central Sydney’s attractiveness for businesses, investors, residents and visitors.
The City of Sydney is working with developers looking to build carefully designed new projects in line with the City’s new framework, such as 2 Chifley Square, 187 Thomas Street and 133 Castlereagh Street, with further projects in the pipeline.