Ivanhoe Estate, Macquarie Park: NSW Planning approve 3,300 masterplan
More than 3000 homes have been approved for a northwest Sydney suburb as part of the fast-track effort by the NSW Government. SEE THE PLANS HERE.
Northern District Times
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It is the northwest Sydney housing proposal that sparked widespread controversy from surrounding residents but the Ivanhoe Estate at Macquarie Park has been approved by the NSW Government.
The fast-tracked approval of mulitmillion-dollar project that would see a total of 3,300 homes – including close to 1000 social housing residents – was announced by Planning Minister Rob Stokes on Sunday as part of the NSW Government effort to inject billions of dollars worth of construction funding into the struggling economy.
The Ivanhoe Estate was one of 20 projects announced as part of a $7.8 billion fast-track approval list by the NSW Government earlier this week.
“Ivanhoe Estate is one of the first projects to have its assessment fast-tracked through the Planning System Acceleration Program, which is creating jobs and driving investment right across NSW,” Mr Stokes said.
“By supercharging the planning system and getting Ivanhoe Estate out the door, we are injecting $303 million into the State’s economy and providing 572 jobs.
He said the approval of the major project, which saw an onslaught of objections to Ryde Council during the planning process, would allow for construction to begin at the 8.2 hectare site at Herring and Epping roads.
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The masterplanned estate will feature at total of 3,300 new homes, including 950 for social housing, 128 affordable housing, and 273 seniors living homes, as well as 2.8 hectares dedicated to new parks, playgrounds and a skate park.
A new 400-student school and two childcare centres will also be built as part of the NSW Government plan, alongside a new town plaza, shops and dining precinct.