The City of Sydney has proposed additional changes to planning controls that would provide even more space for new homes, jobs, greener streets and expanded public spaces in Pyrmont-Ultimo.
The proposed changes, which will soon be on exhibition for public feedback, would create up to 1,140 new homes, including 50 new rent-capped affordable homes.
They build on changes endorsed by Council last year, currently with the Department of Planning for approval, that would create capacity for 1,524 new homes and 6,970 new jobs.
Lord Mayor of Sydney, Clover Moore AO said the latest proposals were an example of how thoughtful planning could pave the way for more housing and better neighbourhoods.
“These plans will help build more homes in one of Sydney’s most well-connected and desirable locations while creating greener, more liveable streets and public spaces,” the Lord Mayor said.
“Last year we showed it was possible to meet the housing targets set by the NSW Government while protecting the qualities that make local neighbourhoods such special places to live, work and visit.
“Now we’re building on that success by creating opportunities for more homes, including much-needed social and affordable housing, while improving the area for current and future residents.
As well as the 1,140 homes, the latest proposals create retail space which would provide an estimated 400 new jobs.
They also see public open space expanded, 220 new trees planted and provide a framework to build 450 square metres of green roofs.
The Lord Mayor said the proposal would protect sunlight access to key public parks, civic spaces and waterfront destinations including Wentworth Park, Pirrama Park, Bank Street Park, Union Square and Sydney Fish Market Square.
“This proposal creates a blueprint for good planning and quality public spaces that achieve better outcomes for us all,” the Lord Mayor said.
“Our approach to growth is strategic and place-based, so that increased density is supported by appropriate infrastructure, is well-designed and respects the needs of neighbouring development and public spaces.
“The return of Wentworth Park to the community will be critical to supporting increased residential and commercial development on the peninsula.”
Both sets of proposals for the area follow the NSW Government’s Pyrmont Peninsula Place Strategy which introduced new housing and job targets for the area ahead of a metro station opening in early 2030.
The NSW Government targets were for 4,000 homes and 23,000 new jobs in the area. The Government’s development sites and the City’s proposed changes combined could contribute to around 6,000 new homes and 27,000 new jobs in Ultimo and Pyrmont.
“It is vital that the City has ownership over changes to the peninsula to enable a coordinated and consistent response to local conditions and community values,” the Lord Mayor said.
“The City’s work provides for new housing alongside deep, detailed investigation of key planning elements including heritage, wind impacts, the need for open space and street amenity.
“We can accommodate growth in the best possible way and ensure Pyrmont and Ultimo become even better places to live, work and visit.”
The new plans will now go to the NSW Government for approval before being opened for public comment.
More details here.