The Sydney Olympic Park draft masterplan 2050 is now on exhibition for public comment, with the plan detailing a long-term vision for the park as a mixed-use precinct.
Australian Property Journal said that the plan details Sydney Olympic Park’s biggest transformation since the 2000 Olympic Games, including the delivery of a new metro station precinct and thousands of new homes.
Sydney Olympic Park is currently home to approximately 5,250 people. Master Plan 2050 envisages up to 25,000 additional residents living in Sydney Olympic Park over the next 25 years.
The plan would maintain Sydney Olympic Park’s history as the State’s pre-eminent sports and events precinct, whilst transforming the area into a thriving urban community.
The draft masterplan 2050 proposes to deliver up to 13,000 homes with 5–10 percent dedicated to affordable housing, new school education facilities, new community sports, and leisure centres, a new cultural centre, a new library, retail amenities and a car-lite precinct.
The new plan proposes to convert Sydney Olympic Park into a true mixed-use precinct, with almost 1.2 million square metres of space for commercial, retail, events, tourism, sports, arts and industry.
This would be buoyed with hotel and student accommodation, education and health and civic space.
With a focus on designing better places and creating better communities, social infrastructure would include a new cultural centre, a new library and community hub, new community sports and leisure centres, two new schools, seven new public spaces, four new sports fields and over 10 playgrounds
For the first time, the master plan also includes the 430 hectares of surrounding Millenium Parklands.
To create more well-located homes close to transport, amenity and jobs, the precinct would take advantage of the NSW Government’s investment in improved public transport infrastructure with the Sydney Metro West and Parramatta Light Rail Stage 2.
The master plan was developed in partnership with a Design Review Panel which supported a series of resilient and well-connected residential neighbourhoods, precincts and parklands.
The panel endorsed the master plan’s focus on amenity, accessibility, sustainability as well as pedestrian and cycle connections.
It also recommended diverse apartment types and sizes to accommodate a community that will include families, downsizers, and essential workers.
This proposal is part of the NSW Government’s plan to build a better NSW with more homes – so young people, families and workers have somewhere to live.
Minister for Planning and Public Spaces Paul Scully said, “Sydney Olympic Park is about to be transformed from a sport and entertainment precinct into a thriving well located community, with more homes, close to jobs, transport and services.
“In the late 1990s the precinct was repurposed from surplus industrial land into the great sporting complex that we know it as today.
“Over the next 20-30 years this area will change again to welcome more homes and jobs with a projected population increase of nearly 25,000 people.
“Planning for this growth starts now. The NSW Government has mapped out a detailed and bold vision for the site with four new sports fields, ten playgrounds, dedicated employment zones and protected biodiversity areas.”
The Sydney Olympic Park Draft masterplan 2050 is on exhibition until 25 November.
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