Light at the end of the tunnel
05 September, 2017
By Sydney Business Chamber Executive Director Patricia Forsythe
If you have strolled around Sydney CBD lately you would have noticed that the city is undergoing a remarkable and positive change.
Cranes are everywhere, boring machines are underground, major developments are under construction and jobs are being created.
Sydney will soon see a raft of new projects delivered: including the CBD and South East Light Rail; Sydney Metro; the new B-Line double decker bus service between the Northern Beaches and Sydney CBD; as well as major new roads and road upgrades.
These transport developments complement the newly completed Barangaroo Ferry Wharf and upgrades of Museum Station and Wynyard Station plus the smart, efficient award-winning Wynyard Walk connecting the Barangaroo precinct to the station.
These major projects are in response to Sydney’s growth and creating a stronger and more adaptable transport system.
The city’s population is set to increase by two million people in the next two decades.
Disruption is occurring particularly along streets where multiple construction projects are taking place but at the same time, these projects are creating jobs and generating private investment.
There is more than $16 billion of private development in the pipeline or under construction in the CBD.
George Street, for example, will emerge from behind the hoardings as a great pedestrian boulevard with the capacity to be a retail destination able to attract more of the world’s luxury labels.
Sydney is being transformed and what is materialising is a more liveable, interesting city capable of living up to its global city reputation with a positive future for business and the community with improved connections across Sydney.
It's your city. Know what changes are taking place.