DEMOLITION has started on Sydney's new $8 billion 278-ha Green Square development on the old Royal South Sydney Hospital site in Zetland.
City of Sydney Lord Mayor Clover Moore said Green Square was first earmarked for development in the 1990s.
“After years of planning, technical studies, design, community consultation and economic feasibility assessments for Green Square, it is truly significant to finally be demolishing buildings on site.
“We’ve earmarked four heritage buildings for community use and they will be fitted out to help reduce energy and water use and costs across Green Square,” she added.
Fourteen derelict or condemned buildings will be demolished by the end of this year after asbestos and lead-based paints are removed by a specialist contractor.
The City is revising the current planning controls for the Green Square Town Centre. If endorsed by Council they will be forwarded to the NSW Government for approval. Development applications for the Green Square site are expected to be lodged later this year.
Once complete, Green Square will provide 20,000 new homes and house 40,000 new residents.
PropertyReview