Monday 5 February 2024
MEDIA RELEASE
Property Council reinforces calls for road upgrades following release of Bradfield City Centre Masterplan
The release of the Bradfield City Centre Masterplan has come as welcome news — and makes the delivery of nearby roads more critical than ever. Following today’s masterplan release, Property Council is reinforcing its calls for government to support the delivery of adequate infrastructure within the Western Sydney Aerotropolis precinct, which is essential for ensuring the growth potential of the region is realised.
The Property Council of Australia’s Western Sydney Regional Director Ross Grove said demand for industrial land in Western Sydney is at a record high. He reported that businesses are having trouble relocating their premises due to a lack of sufficient available zoned and serviced land.
“Western Sydney’s Aerotropolis is experiencing unprecedented tenant interest, but the industry’s capacity to make land available is being hamstrung by a lack of road network capacity — which will ultimately hold up development approvals,” Mr Grove said.
“Our industry is advocating for the upgrade of key roads to ensure the new airport is supported by a thriving industrial, freight and logistics precinct — rather than the cow paddocks that exist today.
“Our members want to develop their land, but the semi-rural road network we currently have will not cater to this growth.”
Items on the Property Council’s wishlist include:
- Badgerys Creek Road upgrade
- Luddenham Road upgrade
- New Eastern Ring Road
- Elizabeth Drive upgrade
- Mamre Road upgrade
Early costings for these works are estimated at $2.3 billion, and the industry is willing to work with government by way of contributing to the costs, refining the project scope and bringing forward priority stages through Works-In-Kind Agreements.
“Today’s news is good news for Western Sydney. Our next step is to put the roads in, unlock the stormwater network and make it happen,” said Mr Grove.
ENDS
Kirsty Sier | 0435 075 085 | [email protected]