A master plan for the future of Sydney Olympic Park as both a world class sport and entertainment precinct and vibrant community with homes and jobs has been released by the NSW Government.
The finalised Sydney Olympic Park Master Plan 2050 increases the homes planned for the precinct by 2,000 and supports the 640-hectare precinct as a vibrant sports and entertainment hub while also delivering a mix of retail and commercial spaces.
Sydney Olympic Park Authority CEO, Neisha D’Souza said the release of the master plan was “a momentous day for Sydney Olympic Park”.
“The Master Plan 2050 is the catalyst for investment and growth – bringing certainty and unlocking opportunity. We’re proudly creating a place that celebrates its history while embracing a future of innovation, culture, and community-first design,” she said.
Key features of the Master Plan include:
- Building up to 13,000 additional homes to provide a total of 15,000 homes, including up to 20% affordable housing on Government owned land and 5% on private land;
- Increasing the capacity for up to 26,000 jobs by unlocking investment in innovation, culture, and commercial precincts;
- Delivering more for families with 10 new playgrounds, 9 new outdoor public spaces and 4 new sports fields;
- Protecting and enhancing 430 hectares of public open space, increasing tree canopy and boosting biodiversity including wetlands and parklands;
- Protecting and celebrating our first nations heritage in the area;
- Providing cultural and recreational opportunities with a cultural centre, library and community hub, and sports and leisure centre planned for the precinct;
- Dedicating land for schools, to support a thriving, inclusive suburb;
- Continuing to support a vibrant night-time economy for locals and visitors to enjoy.
“More than 25 years on from the Sydney Olympics, Sydney Olympic Park remains a world class hub for sport and entertainment and now a growing community while maintaining the legacy of the ‘Green Games’,” said Minister for Planning and Public Spaces, Paul Scully.
“The 2050 Master Plan builds on this, maintaining what we love most about the precinct while guiding growth so the precinct can support up to 26,000 jobs and 15,000 homes by 2050.
“This is another example of the Minns Labor Government supporting vibrant communities and aligning housing growth with transport and infrastructure capacity so people can live, work and play close to home in a community they choose.”
The Government is also working to establish a Special Entertainment Precinct in Sydney Olympic Park to reinforce the precincts evolution.
It says the vision will come to life over the next 25 years, the proposed growth aligning with major infrastructure upgrades like Sydney Metro West, the Parramatta Light Rail extension, and infrastructure upgrades such as the state and federally funded upgrade to the Homebush Bay Drive roundabout.
For more information and to view the final Master Plan, visit https://www.sydneyolympicpark.nsw.gov.au/master-plan.
The Government has also released new Environmental Guidelines for the precinct: https://www.sydneyolympicpark.nsw.gov.au/master-plan.
