Written by
17/07/2024
Macquarie Park has been identified as an accelerated precinct under the government’s transport-oriented development program. This program complements the Macquarie Park Place Strategy.
With state-prepared master planned documents released recently, the government is proposing to rezone land for up to 4,622 additional homes, including a mandatory affordable housing contribution of between 10% – 15%. Flexibility to use the E2 Commercial Centre zoned land for build-to-rent provides the opportunity to deliver an additional 5,096 homes.
The TOD program in Macquarie Park accelerates Stage 2. The Stage 2 Area includes master planning and rezoning for:
Certain sites in Stage 2 will receive huge height increases up to 190 metres.
Additionally, multiple sites will be identified as Key Sites under Ryde LEP, which will include additional requirements for increased building heights and floor space. These are set out below.
Area identified on Key Sites Map | Maximum incentive FSR | Maximum incentive height | Outcomes |
Area 7 | 2:1 | 30m | At least 3,690 square metres will be used for the purposes of a recreation area |
Area 8 | 3:1 | 110m | At least 1,385 square metres will be used for roads infrastructure, including the landing for the active transport bridge |
Area 9 | 3:1 | 110m | At least 13,380 square metres will be used for a recreation area if the development includes residential accommodation |
Area 10 | 3:1 | 190m | At least 28,100 square metres will be used for the purposes of a recreation area |
Area 11 | 5:1 | 190m | If the site has a minimum area of 33,800 square metres and at least 9,700 square metres of recreation area |
Area 12 | 2.5:1 | 45m | At least 2,980 square metres of recreation area |
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Propertied Insider is a planning and development digital publication dedicated to the NSW Market.
