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Dominic Perrottet MP
Minister for Finance, Services and Property

Plans In For New Green Oasis at Macquarie Park

Residents and workers in one of Sydney's fastest-growing residential and commercial hubs are set to enjoy a new green oasis, as the NSW Government delivers on its promise to establish a 7,000 square metre park at 45-61 Waterloo Road, Macquarie Park.

NSW Minister for Finance, Services and Property, Dominic Perrottet today confirmed the Government had lodged a rezoning proposal with the Department of Planning and Environment to facilitate development of the new park.

The planning proposal is the next step in the process to transform part of a disused government block – previously used during the North West Rail Tunnel construction – into a green community space around the size of a soccer field, with high-end landscaping and community facilities.

The remainder of the site would accommodate a new commercial development with the potential to deliver more than 8,000 permanent jobs for the area.

Mr Perrottet said the project was an example of how the Government is finding innovative solutions for under-used government land, to deliver better outcomes for NSW taxpayers and local communities.

“As this Government has repeatedly shown, we are determined to make better use of surplus government land so that it delivers value for taxpayers,” Mr Perrottet said.

“Our planning proposal not only means local job opportunities through the commercial development, but more green open space for the whole community to enjoy”.

Member for Ryde, Victor Dominello said progress on delivering the park was the result of productive collaboration between the Government and City of Ryde council.

“This project is great news for our community, and I am pleased to have been able to help the City of Ryde work with the Government in taking this important next step to a fantastic new community space in Macquarie Park,” he said.

If the planning proposal is approved, the Government will lodge a development application to subdivide the site, with the City of Ryde council to then acquire and landscape the park using a $6 million grant it received from the NSW Government last year.

The planning proposal is on public exhibition until 1 June. The Government expects to launch an expressions of interest process shortly for the proposed commercial development on the remainder of the site.