The Central River City will grow substantially capitalising on its location close to the geographic centre of Greater Sydney. Unprecedented public and private investment is contributing to new transport and other infrastructure leading to a major transformation of the Central River City.
Greater Parramatta - the metropolitan centre - is the core of the Central River City. Greater Parramatta encompasses Parramatta CBD, North Parramatta and Westmead and Parramatta Park. Greater Parramatta's economy is centred on world-class health, education and research institutions as well as finance, business services and administration.
The Central River City's economy is much broader, with the Greater Parramatta and the Olympic Peninsula Economic Corridor taking in the Westmead health and education precinct; advanced technology and urban service sectors in Camellia, Rydalmere, Silverwater and Auburn; and the Sydney Olympic Park lifestyle precinct. The corridor will be supported by the Parramatta Light Rail.
The Sydney Metro West rail link will deliver faster and more efficient transport from the Harbour CBD to Greater Parramatta. Potential radial mass transit/rail services from Greater Parramatta will boost business-to-business connections and provide access to a larger skilled labour force to support the growing metropolitan centre.
The Sydney Metro Northwest rail link will improve the growth prospects for the north-west of the city by increasing the access to jobs.
A shared vision for the Greater Parramatta and the Olympic Peninsula (GPOP) recognises that Greater Parramatta is a central hub which brings to together stakeholders in business, health, education, arts and heritage.
The growth infrastructure compact pilot at GPOP will assess growth scenarios that best align land use, infrastructure investment and community benefits.
The population of the Central River City is projected to increase from 1.3 million people to 1.7 million people over the next 20 years. This will transform many parts of the city from a suburban to an urban environment.
The city's rich heritage will be preserved and celebrated; cultural events and facilities will continue to improve the city's liveability.
Economic activity and infrastructure investment will be focused in the Greater Parramatta and the Olympic Peninsula Economic Corridor and supported by the well-established industrial corridor which extends from Villawood to Wetherill Park.
Economic activity will be enhanced surrounding Greater Parramatta through investment in links to the surrounding strategic centres, such as Bankstown.
In the Central River City, the Greater Sydney Green Grid will improve connections to and enhance existing open spaces, particularly along the Parramatta, Duck and Georges rivers and Prospect Reservoir.
Large urban renewal areas provide the opportunity to improve sustainability through a precinct-based approach.