Fresh life has been pumped into a new waterfront mini-city project set to deliver thousands of new homes in Sydney’s southwest.
Moore Point in Liverpool will finally be placed on public exhibition after the urban renewal project was tangled in red tape for nearly a decade.
Locals and businesses will be able to have their say on the project, which developer Coronation Property promises will create 11,000 new homes, 23,000 jobs and be the “jewel in the crown” for the region.
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Of those new residences, 400 apartments will be dedicated to eligible frontline health workers from the adjacent Liverpool Hospital.
The 32ha former industrial site will include a new public school for 1000 students, bridge links across Georges River to the Liverpool CBD and commercial and retail space.
The project also includes 10ha of open space and 8km of riverfront walking and cycling paths.
Plans were initially lodged in 2015 but the project has stalled multiple times, including earlier this year reportedly over flood risk reports.
Off the back of Wednesday’s news, Coronation said Moore Point could play a key role addressing the chronic shortage of new housing in Sydney’s southwest corridor.
“We are delighted that after so much hard work on the project, including years of extensive consultation with our key stakeholders and the community, we have moved to the next step of the planning process,” managing director Joe Nahas said.
“We are proud that Moore Point will be the jewel in the crown for southwestern Sydney and is ready to provide 11,000 quality, new homes in an area where the dire shortage of housing is failing to keep up with the growing needs of the community.”
Contingent on planning approvals, Coronation says it could deliver its first apartments by the second half of 2027.
“With building approvals in NSW still at record-low levels, we need the government to work with its departments and industry stakeholders and take decisive actions that get rid of the obstacles that have resulted in too many major projects being stuck in the system,” Nahas said.
A Liverpool council spokesperson told 7NEWS.com.au: “The council is pleased to hear the project is proceeding because it will bring a massive boost to the city.”
The plans are scheduled to be available on Liverpool City Council’s website in early October.