Sydney Olympic Park will continue to grow its vibrant community following a recommendation to approve a $292 million mixed-use state significant development that will provide 705 new homes and generate almost 1,000 jobs.
Mirvac’s development application was assessed by the Department of Planning and Environment and includes four residential apartment buildings, ground floor retail, a new road and open space.
Minister for Planning and Housing, Anthony Roberts, said it is an exciting time for the Sydney Olympic Park precinct, as it continues to grow into a lively community.
“This development will see an abundance of homes, shops, cafes, restaurants and open space that will contribute to making the area a great place to live, work and play,” Mr Roberts said.
“We are committed to helping every person in New South Wales own their own home and by approving an additional 705 new homes; we are working towards providing that opportunity to first home buyers.”
Development works will generate more than 900 construction jobs and 54 ongoing jobs once the development is built.
Today, Sydney Olympic Park is already home to a buzzing daily population of over 23,000 residents, workers and students.
Sydney Olympic Park Authority continues to facilitate further investment and development in the Park in accordance with Master Plan 2030.