WORK on the Green Square town centre, just 4 kms from Sydney's CBD, is about to begin after the NSW government approved the City of Sydney's plans.
The government has signed off on the City’s new Local Environment Plans that will shape the Green Square town centre.
The City of Sydney has plans for more than 3,700 new homes at Green Square.
Lord mayor Clover Moore said approval was a critical step in delivering Australia’s largest urban renewal project. The Green Square village covers more than 590 ha.
“I’m delighted the NSW government has approved our plans so work can begin to build the new town centre that will be an important focus for the whole Green Square community.
“We have budgeted $440 million for Green Square on an array of community facilities and infrastructure. Sydneysiders are used to seeing new town centres constructed on the suburban fringe, but Green Square is different. It will be built just a few kilometres from the centre of Sydney, providing homes and jobs in a location that is fast becoming a really great place to work, live and play,” she added.
The town centre, covering 14 ha, is next to Green Square railway station. To help fund the public infrastructure, the city has negotiated planning agreements with developers who will contribute an additional $89.5 million towards the town centre.
The developers will build the retail and residential apartments, these buildings will vary in height from three to 28 storeys.
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