With Parramatta alone set to benefit from as many as 64,500 jobs in four years, Western Sydney is booming, with the development of the airport at Badgery’s Creek driving growth
With work on the development of the new airport at Badgery’s Creek progressing, I recently attended a Western Sydney Airport Industry Information Session. The session provided information on future tendering opportunities in the Western Sydney Airport project, which I’m sure many of you will find invaluable. If you missed it, information from the session is available in the presentation
, as well as theses answers to the questions
from the audience .
The development of Western Sydney Airport involves significant design, engineering, technical, certification, project management and construction works, providing plenty of opportunities for interested parties. Attendance at the event was not a requirement for participation in any subsequent procurement processes.
Also worth a look is the new Parramatta CBD – A Perfect Storm for Retail report
, which found that Parramatta CBD is the 2nd
largest CBD in Sydney.
While Parramatta CBD currently welcomes 53,500 workers every day, the report revealed that the number of jobs is expected to increase substantially. The NSW Department of Education and Department of Planning and Environment will collectively create around 4,500 new jobs in Parramatta CBD by 2021 through the relocation of key government offices.
City of Parramatta Council has proposed amendments to its current planning controls that would facilitate more commercial floorspace in Parramatta CBD with an estimated 48,800 additional jobs to be created between 2011 and 2036.
Applying this growth annually to existing estimates of employment suggests that Parramatta CBD could accommodate 64,500 jobs by 2021 and 75,700 jobs by 2026. This would be an extra 22,200 jobs between 2016-2026.
A number of major corporations have already made the decision to locate in Parramatta, including the National Australia Bank has recently secured a 12-year lease to occupy 40,000 m2 of floorspace at Parramatta Square.
According to David Morris, Managing Director Sydney West, Knight Frank,
“NAB’s commitment to Parramatta is likely to underpin the confidence of future expansion by other large corporations and institutions, and should filter through to both commercial and retail markets across Parramatta ensuring steady growth in years to come”.
Finally, congratulations to all of the finalists at the Macarthur Business Awards. Winners will be announced at the “Business Event of the Year”, to be held at the Cube Campbelltown tonight.
Good luck everyone. I look forward to celebrating your successes!