Property Council welcomes release of the Mamre Road Precinct
The Property Council has welcomed the NSW Department of Planning’s release of a discussion paper into the future of the Mamre Road Precinct, integrating it into the broader Western Sydney Employment Area (WSEA).
The Department of Planning’s proposal will assist in the delivery of 17,000 new jobs, providing 780 hectares of new industrial land while identifying areas for heritage and environmental conservation.
“Western Sydney needs a good supply of productive industrial land to support local job growth, economic growth and provide support to the operations of the new airport.” Ross Grove, the Property Council’s Western Sydney Regional Director said today.
“Demand for floorspace is growing with more needed to support population growth, consumption and structural trends such as Ecommerce. Retail trade and transport, postal and warehousing currently make up 59 per cent of total floorspace take up across Australia’s cities.
“The Property Council and its members have strongly advocated for the release of the Mamre Road Precinct ahead of broader master planning efforts for the Western Sydney Aerotropolis so that the increasing demand for employment land in Western Sydney can be met.
“As Western Sydney takes its place as the logistics and advanced manufacturing capital of Sydney, there is a growing need to provide opportunities for international and domestic businesses to invest and this land release is an important step in unlocking our region’s future potential.
“While the release of industrial land is welcome, the proposed intermodal requires more consultation so that landowners in the area are fully aware of the timelines for the delivery of this piece of infrastructure that is yet to go through a business case process.”
Media contact: Ross Grove 0412897130 email@example.com