By Paul Hemsley
The City of Sydney has advanced its plan for the Green Square urban renewal project.
Under the scheme, the Council will purchase vacant property in Lachlan Street, Waterloo to establish the proposed north-south light rail route from Central Station to Green Square.
Mayor Clover Moore said an integrated transport system is essential if significant new jobs and homes are to be delivered by Australia’s largest urban renewal project.
“We’ve identified priority transport corridors and now we are acting to secure crucial land that will be needed to provide new transport for this important urban growth area,” Ms Moore said.
The Council is also seeking to acquire a subdivided portion of the Waverly Depot in Zetland valued at $270000.
This land will enable an east-west boulevard to be built through Green Square Town Centre leading to Green Square Station.
In March 2010, the City had already secured land in Amelia Street, Waterloo for $6.45 million.
According to a City of Sydney spokesperson, Green Square is key to achieving the NSW Government's Metropolitan Plan for Sydney 2036 housing and
employment objectives.
Ms Moore said Green Square is Australia’s largest urban renewal project and will deliver 20000 homes and 22000 jobs.
“But it could become a congestion nightmare without an integrated network of heavy rail, light rail, buses and more direct bike links,” Ms Moore said.
According to Ms Moore, frequent bus services will also be needed to maximise the use of Green Square and Mascot stations.
“This could be designed to limit the number of cars joining the very congested Botany Road corridor,” Ms Moore said.
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