Where 60,000 new homes will go in Sydney as part of major rezone around metro railway
Land around seven major transport hubs will make way for thousands more homes than originally expected as the Minns government’s plans around metro rail take shape. Read where they are.
NSW
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The rezoning of land around seven major transport hubs will produce more than 12,000 homes than originally expected as the Minns government’s new Transport Oriented Development zones (TODs) come online on Wednesday.
The NSW government hopes that development applications will start rolling this week after masterplans were finalised for newly rezoned areas near stations at Bankstown, Bella Vista, Crows Nest, Homebush, Hornsby, Kellyville and Macquarie Park.
The major TOD accelerated precincts to come online this Wednesday are the cornerstone of the Labor government’s housing policy.
It allows for apartment buildings up to six storeys to be built within around 1200m of these metro and rail stations regardless of whether the land is in a heritage conservation area or zoned for low density.
Masterplans for the seven new precincts have identified capacity for nearly 60,000 new homes – an increase from previous estimates of 47,800 new homes. The masterplans have also outlined capacity for the creation of more than 126,000 commercial and retail jobs in those locations.
Planning Minister Paul Scully said the masterplans had been developed in less than a year, with the hope that developers would start construction on new homes quickly.
“The finalisation of the TOD Accelerated Precincts means development applications can be submitted and assessed, so that housing construction can start as quickly as possible,” he said.
The accelerated precincts are larger than other TODs, which rezones land within 400 metres of 31 stations around the city.
In contrast the TOD accelerated precincts include plans to totally overhaul the area by providing space for schools, health services and parks along with options for councils to create Special Entertainment Precincts to juice up night-life.
Each new precinct will be required to have a minimum of three per cent affordable housing in perpetuity.
Masterplans of the new precinct at Homebush has estimated capacity for 18,000 homes to be built in the area, with land near the Bakehouse Quarter to be rezoned for public recreation.
Additionally a masterplan at Crow’s Nest is estimated to provide another 5,900 new homes while adding more trees to the suburbs streets.
Meanwhile Macquarie Park has an estimated capacity of 9,600 new homes. The masterplan includes 3.15 million square metres of commercial floor space to allow for 100,000 new jobs.
It also details 14 hectares of new parklands and plazas with sports courts and fields.
The additional public amenities to be built across the zones are expected to be covered by a $520 million budget allocated for new public spaces.
The final eight TOD accelerated precincts at Bayswater will come online next year.
Premier Chris Minns said the masterplans were designed to find more homes for young families and.
“By getting these masterplans done, we are another step closer to building more homes for the next generation,” he said.
“These precincts will deliver a mix of housing, new open spaces and playing fields – they’ll be great communities for families to build a life.
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